The road to Open Insurance
Digital & data are revolutionizing insurance products. Tailored offerings, data analysis, embedded services - the API economy is opening the door for traditional companies to enter the era of Open Insurance.
Digital & data are revolutionizing insurance products. Tailored offerings, data analysis, embedded services - the API economy is opening the door for traditional companies to enter the era of Open Insurance.
Facilitating the exchanges between life insurance & custodian banks
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In the current digital environment, life insurance companies, as well as other external asset management companies, face key challenges when collecting and processing data from custodian banks:
- SOPHISTICATED DATA
- MULTIPLE FORMATS ACROSS DIFFERENT BANKS
- MAINTENANCE OF EXISTING INTERFACES
- DEVELOPMENT TO INTEGRATE NEW CUSTODIAN BANKS
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Custodix Hub aims at strengthening and smoothing the relationship between insurance companies and custodian banks.
It offers standardized and automated data extraction and processing, resulting in a significant gain of time, efficiency and therefore costs.
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- Costs reduction
- Increased automation
- Faster time-to-market
- Easy customer onboarding
- Monitoring services
In the current digital environment, life insurance companies, as well as other external asset management companies, face key challenges when collecting and processing data from custodian banks:
- SOPHISTICATED DATA
- MULTIPLE FORMATS ACROSS DIFFERENT BANKS
- MAINTENANCE OF EXISTING INTERFACES
- DEVELOPMENT TO INTEGRATE NEW CUSTODIAN BANKS
Custodix Hub aims at strengthening and smoothing the relationship between insurance companies and custodian banks.
It offers standardized and automated data extraction and processing, resulting in a significant gain of time, efficiency and therefore costs.
- Costs reduction
- Increased automation
- Faster time-to-market
- Easy customer onboarding
- Monitoring services
Mortgage Insurance API
Integrate real-time insurance quotes within your Core Banking System and directly sell the appropriate insurance to customers.
Participate in the fast-emerging API Economy
The digital revolution that is reshaping the insurance industry has now entered the Open Insurance phase, where companies share, collaborate and co-create through the use of APIs.
Securely open up your services and/or data to banks, financial institutions, and other certified third parties. Reach new customers, with embedded solutions and create additional revenue streams; enhance user experience; and play a lead role in this rapidly emerging sector.
REQUEST TO LIST YOUR PRODUCTIn a world where connectivity is the condition of all successful business models, and where ergonomics and intuitiveness are so important, Bâloise now enables the interconnection of its services directly into the interfaces that bank advisors, and their customers, are already so familiar with
Head of Corporate Development & International Relations, Bâloise Assurances Luxembourg
Enrich your offering with embedded insurance
Open Finance gravitates around the central core of customer experience. By integrating the Open Insurance APIs listed in our Marketplace, you can efficiently provide embedded insurance solutions directly into your Core Banking Systems.
Move faster, answer to the transforming needs of consumers, and create innovative and seamless user experiences.
View our Open Insurance innovations