Source: Stere
Stere, an API-first digital insurance platform, announced it has been selected as the core technology provider for its client, CorX. CorX is a groundbreaking new insurance platform for brokers across Brazil, created in collaboration with Sincor-SP, the national insurance brokers’ association. The platform will launch with a suite of fully digitized insurance products from market leaders including Allianz, Axa, Akad, Peti, and IGS, fundamentally transforming how brokers access and manage insurance policies.
Stere’s advanced, API-first technology serves as the engine for the CorX platform, enabling the complete digitization of the insurance lifecycle in three weeks. For the first time on a unified platform in Brazil, brokers will be able to manage rate, quote, bind, issue, and payment processes digitally for a diverse range of products. The initial offerings span from small commercial and Errors & Omissions (E&O) insurance to pet insurance, Group Life, and assistance products, covering Property & Casualty (P&C), Life & Health (L&H), and specialty lines, with the notable exception of personal auto insurance. This comprehensive digitization is designed to eliminate unnecessary manual processes and enrich the broker’s experience, allowing them to focus on client advisory and growth.
“From the outset, we were dedicated to thoroughly comprehending the complexities of insurance distribution in Brazil. We engaged with brokers, analyzed processes, and developed a bespoke infrastructure to address the genuine requirements of the market.” said Leonardo Rodrigues, the Country Manager for Brazil at Stere. “Our mission is to provide the technological backbone that empowers insurance ecosystems to thrive. We are honored to be the engine behind CorX, a platform that will redefine the broker experience in a market as dynamic and important as Brazil. By simplifying complexity and fostering efficiency, we are helping our client, CorX, deliver a truly transformative tool for thousands of professionals.”
Read the full article: https://www.stere.io/post/stere-powers-new-corx-insurance-platform-for-brokers
