Company: Fuse Insurance
Business Category: An insurance practitioner (insurer, MGA, broker, agent)
Maturity Status: Startup (less than 3 years since product went into production)
Product or Service: Digital P&C Insurance brokerage, with a focus on specialty lines
Area: Property & Casualty Insurance
Fuse Insurance is Western Canada’s first digital commercial insurance brokerage. Our clients can quote, buy and manage their insurance program, whenever and however they want. Our transparent, online platform and quoting process eliminates any confusion around documents and coverage.
What makes us an InsurTech:
Fuse Insurance is building the most tech-forward platform for commercial insurance in Canada, for everything from quoting to policy management. Our industry-leading quoting software allows clients to easily access their policies and make updates fast and efficiently – streamlining the process of obtaining insurance for customers and brokers. We strive to make our operations more efficient by combining the use of technology with traditional brokerage communication methods in order to improve the insurer, partner and client experience.
Major features & technology used:
Our custom-built digital platform leverages many technologies that allow us to deliver a great customer experience:
- React – React is a modern way of designing web pages that allows us to focus on the user experience. Using React we have been able to build multiple systems that allow us to automate large portions of our business process.
- GraphQL – GraphQL allows us to dynamically fetch data from the back-end directly, reducing developer time and increasing the flexibility of the application.
- Django – Django is where we do all the work of taking in, sorting, processing and outputting data. Django is built to allow our development team to maximize their productivity so that we can continue to roll out new and exciting features and continually update our quoting engine.
- Artificial Intelligence – Our technology setup allows us to quickly add exciting functionality, such as using artificial intelligence and machine learning to help deliver quotes, assess risks and deliver a better end product to the client.
About Fuse Insurance
Launched in 2017, Fuse Insurance is the evolution of the commercial insurance brokerage, and the first of its kind in Western Canada. Backed by policies from a selection of A-rated insurers, Fuse Insurance can provide coverage for businesses large and small from almost any industry. Fuse was voted as Brokerage of the Year (less than 10 employees) at the Insurance Business Canada Awards in 2019. Learn more at fuseinsurance.ca, and for the latest updates, visit the Fuse Insurance Blog.
Source: Fuse Insurance
→ back to the InsurTech Spotlight index