Instanda

Score5 out of 10

1 Reviews and Ratings

What is Instanda?

INSTANDA is a fully digital insurance management platform, which enables carriers and MGAs to design, build and launch simple to complex insurance products, including common products like auto and home to more elaborate offerings like flood, earthquake, or cyber.

INSTANDA’s no-code product design platform is built on a powerful set of insurance speciﬁc calculations, processing and workﬂow capabilities. INSTANDA operates exclusively through Software-as-a-Service (SaaS) and is a radically diﬀerent approach to insurance product innovation. INSTANDA also integrates seamlessly with existing systems to give a powerful product launch platform.

Our global community of clients help determine INSTANDA’s roadmap, making it a truly responsive, low risk insurance product enabler.

INSTANDA works with the world’s largest and progressive carriers, converting the lethargic back office to an agile front office, freeing the industry from high cost legacy systems. Using INSTANDA, organizations can now think and act at the same speed, where rates, questions, documents, and new products can be launched in days and weeks. ROI is delivered reducing product manufacturing, underwriting and distribution costs with unrivalled customer experience.

Insurers can truly create a product that is unique to them and diversify their offerings without anything getting lost in translation or over reliance on third parties. Create new products , test products in the market and make changes according to customer feedback. This flexibility to adapt to market changes and opportunities puts INSTANDA clients in an enviable position. Instanda enables insurers to design products to their exact specification and take back control.