Maiden launches insurance distribution platform
In collaboration with Cloud Insurance , Stockholm-based insurer Maiden Life & General has launched a white-label insurance distribution platform.
“We have bill protection, payment protection and other life insurance products ready to go. and we are proud to announce that our first online program on the Maiden/Cloud Insurance platform went live in October. Our first distribution partner, a Swedish online loan provider, has recognized the benefit of providing insurance solutions to their customers without putting a strain on their own valuable IT resources. Instead, they can simply integrate the Maiden/Cloud Insurance platform into their core sales process.” – Daniel Deckers, Maiden Operations Manager for Sweden and Finland.
The system offers the flexibility to be developed for multiple insurance products and can be delivered in local languages throughout Europe. “All in all, we already have a lot of interest from potential distribution partners who want to offer our insurance solutions, but don’t want to invest significant amount of development time or cost. Having our own digital distribution further enhances our overall proposition to partners. With Cloud Insurance we can tick all of our partner’s boxes” concludes Deckers.