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CoverGo launches CoverGo Distribution; an AI-led insurance platform

By Gloria Mathias

June 12, 2024

  • AI
  • Artificial Intelligence
  • CoverGo

CoverGo, Insurane, AI, Artificial intelligence, Insurance platform, InsurTech platform, Fintech news, fintech solutions, Fintech APAC, fintech News, Singapore News, CoverGo distribution, CoverGo, the global no-code insurance SaaS platform, has announced the launch of CoverGo Distribution, an AI-powered insurance platform for omni-channel distribution.

CoverGo Distribution is designed with a flexible architecture and advanced technology to enable insurers, MGAs, brokers, and others to distribute life, health, and P&C products across multiple channels, including direct, agent, broker, bancassurance, embedded insurance, and affinity partnerships.

With AI-enabled workflows and automation, patented no-code configuration capabilities, integration middleware APIs, and modern experience journeys, CoverGo Distribution aims to help insurance businesses launch products in days, boost conversions, reach new customers, reduce turnaround time and costs, provide a seamless customer experience and streamline quotes to issuance and renewals without impacting existing core systems.

CoverGo has already seen a large demand and initiated collaboration with early adopters such as AXA and others in APAC, EMEA, and the Americas, even before the official launch of CoverGo Distribution.

“The launch of CoverGo Distribution addresses the growing demand from insurers, MGAs, brokers, and other distributors who want to elevate their distribution and increase sales in the most flexible, scalable, and cost-effective way using the latest technologies. CoverGo Distribution is set to redefine efficiency, productivity, and user experience for all stakeholders in the insurance distribution space and ultimately benefit end-customers as well,” said Tomas Holub, CEO and Founder of CoverGo.

Growing numbers of insurance companies worldwide are adopting CoverGo to build and launch all types of insurance products within days, enable omni-channel distribution, and digitize policy administration and claims. CoverGo’s clients include AXA, Bupa, MSIG (MS&AD), Dai-ichi Life, and many others.

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