INSTANDA integrates with Swiss Re’s Magnum

INSTANDA, a global SaaS platform provider for the insurance industry, has announced the integration of its Life insurance platform with Swiss Re’s automated underwriting solution, Magnum. This collaboration creates a unified ecosystem designed to deliver a more efficient and seamless online customer journey, benefiting both policyholders and insurers.

With this integration, insurers gain access to a single, integrated platform that simplifies the life insurance application process, reducing the time needed to complete applications. This streamlined approach offers customers a faster, more user-friendly experience when applying for life insurance.

Initially launching in the UK, the integrated solution will soon be rolled out to other global markets. The project was facilitated by Yovant, a delivery partner that ensured the rapid and seamless integration of the two technologies.