INSBANK is a digital insurance platform for banks (including banks and credit institutions), and insurance agents with the aim of digitizing the whole selling process by technology solutions.
INSBANK’s customers include Banks, Financial Institutions, Traditional Insurance Agents and Online Insurance Agents.
INSBANK helps insurance agents (banks and agents) carry out the whole insurance transaction from calculating premiums, commissions, issuing applications, managing compensation completely online via digital platform, help the above organizations minimize paperwork, accurately calculate efficiency, shorten transaction time, support payment of online fees and perform completely online insurance operations on all platforms such as Web, Mobile web, App.
Strengths of INSBANK
- Provide a seamless sales experience across all Insurance products and services for insurance agents (Including Banks and Insurance Agents)
- Enables to carry out all sales, statistics, reports, approvals … products on a safe and reliable digital platform
- Provide information about the products that customers are interested in with comparison information, detailed advice, improve consulting capacity and sales performance
- Designing optimal UX/UI solutions bring the best user experience to all users
- The ability to integrate multiple insurance products provided by many companies with real-time comparison information
- Built by a team of in-depth knowledge of insurance operations, able to integrate insurance core along with the ability to customize and develop according to customer requirements.
- The issuance of insurance prints is done online for a short time, helping the insurance company and agents shorten the process as well as the time for charging and issuing invoices to customers.
- Operating on cloud platform, Software As A Servive model helps insurance companies and agents shorten deployment and installation time, minimize costs.
Features of the INSBANK solution
– Comprehensive: The solution to meet the needs of all departments and units participating in the insurance business including the original insurance company, bank, insurance agent.
– Optimal: Developed by a team of senior experts in the field of Insurance and Insurance products, providing a complete and accurate business process of life and non-life insurance products.
– Easy to use: The solution is designed to be intuitive, simple and easy to manipulate. On the same sales tool, you can choose insurance products of many different companies.
– Scalability: Centech Interactive can connect Insurance Agents, Banks and Insurance Providers to diversify products for banks, adding options for end customers.
Sales steps – using INSBANK platform
- Consulting: Find out customer needs about products of interest
- Product introduction: Enter customer information on the interface of INSBANK solution, providing customers with a list of insurance products from different brands, offering options for customers.
- Sales: Customers select products, enter information and transfer contracts
- Complete: Sign the contract, transaction information is automatically transferred to the insurance company, updated on the bank’s database for inspection and monitoring
Comparing to the traditional methods
Sales process using InsBank solution and traditional methods
INSBANK – The differences
– Increase productivity and sales efficiency: All operations are performed on an online platform, reducing order processing time, accurate consulting information, increasing persuasion and improving sales capacity
– Centralized management: All data and statistics are centrally managed on a single system. Providing real-time reports, helping the year to catch up with the business development situation, monitoring the sales performance of the whole system.
– Easy integration: The ability to integrate with many types of products on the same sales platform, easily integrated into the core of insurance as well as expand connectivity to other platforms via API.
– Actively: Help banks, insurance agents easily implement the declaration, calculation and completion of insurance contracts, issuing online applications.
Solution description
– Sales module: Provides online selling tools with full features and operations. Serving the sale of non-life insurance products of one or more insurance companies simultaneously.
– Statistical management: Management, statistics and monitoring tools for leaders, supporting sales tracking process, performance statistics throughout the system. Reports are provided in real time
– Services: Training, warranty, maintenance, feature upgrades throughout the process of providing solutions for banks.
Support products in the INSBANK solution
– Motor vehicle insurance
– Travel insurance
– Home insurance
– Credit security
02 forms of provision
On Premise:
– Package solution, install and store in partner’s internal system
– White Label brand partner on the product
On Cloud:
– Provide solution package of cloud storage. Partners do not have to invest in infrastructure.
– White Label brand partner on the product.
The role of the supplier – Centech Interactive
– Training using solutions: Organize a training course to guide solutions and sales processes with INSBANK for Partners.
– Deploying solutions: Providing system platforms, user accounts to departments, departments and personnel in charge
– Support sales activities: Track, support, customer care and handle arising problems
– Development: Actively cooperate with insurance companies, provide more insurance products and services, complement bank solutions and products