Select a region
Jersey-based Fintech solutions developer Warm has launched a new underwriting platform that aims to give brokers and banks access to life insurance policies within 15 minutes.
Pandora Launch was developed from the existing Pandora platform and is already being used by several clients including HSBC, Aviva and Lloyds Banking Group.
Warm, which is part of the Opal Group, launched the platform to give rapid access to life insurance products to brokers and banks. The Fintech solutions developer says that before the platform launched the turnaround times for brokers would have been counted in days rather than minutes.
The platform was also developed to ensure it can be rapidly configured to support a broad range of protection and investment products.
“Pandora Launch gives a full-cycle digital protection journey connected to the full protection digital distribution and rules ecosystem," Jensen Nixon, WARM CEO, said.
"Protection platforms need to be smooth, fast and seamless offering an uninterrupted journey while either complementing or replacing legacy systems without disruption.
"We believe Pandora Launch is the best example yet of a platform that can offer Protection providers the ability to distribute their products at this scale, with digital integration and sector-leading speed to market.”
Comments
Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.