INSTANDA is the SaaS software management tool that empowers MGAs to build and launch any insurance product within unprecedented timescales, and then distribute and self-manage it online and on a global basis.
Users can configure and release insurance product questions, rating, documents and screen templates; amend or clone products as needed to change brand, cover, commission or channel rates; test and launch new services in a safe, secure and scalable environment for product launch or R&D.
With INSTANDA MGAs can:
Respond to customer needs and introduce new products or optimised experiences within weeks.
Utilise the self-service design to take control of product management and distribution in house. No need for developer input; changes can be made in minutes.
Dramatically reduce the cost of product distribution and remove the constraints of high cost growth. Up to 10x reduction in launch costs.
Benefit from a commercial and contracting model completely aligned to business success. Based on a % of GWP processed through the system.
Easily integrate or add this high impact enabler with current set-up without detracting effort from business operations using our API framework.
Generate more sales, reach new customers and create real distance between you and your competitors.
MGAA member offering:
We are offering all MGAA members a 5% discount on first product build.
INSTANDA was born out of many years of hands-on experience of working within the sector and with insurance software providers, at CIO level within major insurance businesses such as Hiscox.
Having been witness to the challenges of meeting short-term market opportunities and demands whilst constrained by cumbersome IT and development process lifecycles, we decided to do something about it!
The result was a self-service product delivery model aimed at putting control back into the hands of the business; something that could address repeating problem patterns as well as future retail demands. And crucially, a product that was driven by the needs and requirements of real insurance users.
We would be delighted to talk to you. Please contact Paula Doolan, MGAA Relationship Manager at:
+44 (0)345 319 1028