Company: Awywi Insurance Services Ltd.
Business Category: Insurance Customer Fulfillment Platform
Maturity Status: Startup (less than 3 years since product went into production)
Product or Service: Insurance Fulfillment Platform
Area: Both Property & Casualty insurance and Life & Health insurance
Awywi is a new InsurTech company specializing in real-time Insurance innovation. Innovation that breaks down traditional insurance distribution silos, cutting friction that adds cost, complexity, and service failures. The result is a 75% reduction in distribution costs for our partners.
Customers need a more affordable option for insurance – Any Way You Want It. Independent research shows customers want more than price comparison but also advice, instant fulfillment, and less complexity.
Awywi is a win-win for customers, brokers and insurers. We are changing the game for a limited number of Insurers and Brokers who can unlock new segments of customers and experience explosive growth and revenue opportunities.
What makes us an InsurTech:
Awywi has made an enormous investment in the latest technology to re-invent insurance distribution from a consumer perspective. Awywi’s Insurance Fulfillment Platform works for a limited number of brokers and insurers who share our goal of giving insurance customers the best experience without astronomical delivery costs.
Our on-line platform works for customers in real-time for all of our insurance solutions. Customers get quotes, purchase, make policy changes, renew or cancel in real-time 24/7/365.
Major features & technology used:
Using AI and RPA technologies, Awywi with partnering insurers and brokers offer customers:
- Lowest prices – ALWAYS – guaranteed;
- Ability to quote and purchase insurance in real-time from multiple insurers;
- Insurance recommended for the customer’s risk profile;
- Automatically remarketed every year to ensure best product fit and value;
- Easy real-time automated policy change;
- 24/7 access to all their insurance needs including personal & commercial lines to travel, health or life with the convenience managing all their insurance products in a personal “policy wallet” including quotes and policies.
Insurers can use IFP© to deliver their own automated Insurance solutions today without expensive programming or development. Implementation and use of IFP has no requirement for prior technology ability or investment in expensive programming staff.
Broker partners distribute an entire suite of products directly to customers through their own custom website, Apple or Android app in true plug & play format. Current solutions include homeowners, farm, retail, office, legal expense, equipment breakdown, cyber, contractors and term life.
News & Updates
See the latest Awywi news.
About Awywi Insurance Services
Awywi is a new InsurTech company specializing in real-time Insurance innovation. Born to be different, Awywi ‘s mission is improving distribution efficiency and customer experience through technological innovation in insurance delivery systems. Prospective partners seeking additional information can visit our website at www.insurer.awywi.com or www.broker.awywi.com.
Source: Awywi Insurance Services Ltd.
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