insly / estonian design awards 2014
DESCRIPTION
Insly is a cloud based service for insurance businesses. It simplifies sales process, helps with administration and improves reporting.TRANSCRIPT
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Service design 2014
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Background
Insly is a spin-off from IIZI Group – market leading insurance broker group in CEE region starting from 2000.
Insly provides a cloud based system for insurance agents and brokers simplifying their sales process, business administration and reporting.
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Insly is a cloud based tool, open a browser, log in and off you go
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What was the underlying problem?
The traditional insurance businesses are going out of date. They largely rely on paper, Excel and old-school hardware based solutions.
Only the biggest businesses could afford inhouse development of automated insurance tools and services.
Insly makes it easy to start, run and manage your insurance business, be it big or small.
What was the underlying problem?
The insurance intermediation business is full of inefficiencies. It was difficult for agents and brokers to manage large numbers of clients since the automated services were mostly built by inhouse teams in only the largest insurance companies.
Insly is a tool that makes insurance easy to understand, manage and buy for both service providers, as well as end users.
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1 millionsmall insurance brokers and agents worldwide
2% of market share translates to
!50 millionin annual license fees
The goal is to conquer the world
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The design process
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The design process
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Insly is easily customizable
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How it was achieved
Getting everyone on board — from staff to the owners of the company.
Letting go of traditional insurance business principles and routines.
Prototyping on the go with the design and development teams.
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Success story
Insly is already used by more than 60 companies in 6 different countries.
As of July this year, Insly is a forerunner among Startupbootcamp’s top 10 best finance & technology startups