Source: Instanda

The combination and integration of the technologies has enabled the creation of one ecosystem designed to create an all-in-one (online) customer journey. This, in turn, will enable the smooth completion of applications, in a short space of time. A true win-win for both the insurer and the customer alike.

INSTANDA and Swiss Re also collaborated with a delivery partner, Yovant, to facilitate a rapid and seamless integration of the two technologies.

Will Wood, Director of Life and Health at INSTANDA, commented: “For some time, we have been engaged in strategic discussions with Swiss Re regarding the integration of INSTANDA’s no-code technology with Magnum, Swiss Re’s cloud-based underwriting platform. This collaboration marks a significant step toward creating a more efficient and seamless experience for both (re/)insurers and their customers. It is gratifying to see this collaboration come to fruition, delivering meaningful value to the industry.”

Anita Munford, Head Magnum & L&H Solutions Delivery EMEA at Swiss Re, added: “Embedding Magnum into INSTANDA’s cloud platform is a natural step for Swiss Re. We are excited to collaborate in an end-to-end ecosystem, providing customers with an enhanced experience and benefiting the broader industry with seamless integrations.”

Read the full article: https://instanda.com/news/instanda-announces-integration-with-swiss-res-underwriting-platform-magnum-to-create-more-seamless-customer-journeys/