India: Edelweiss General Insurance launches end-to-end partner onboarding solution

| 21 May 2021

InsurTech start-up Edelweiss General Insurance (EGI), has launched a digital offering, Integrated Partner On-boarding Solution (IPOS) - a fully automated onboarding solution for all its existing and prospective partners including agents, brokers and web aggregators.

The platform will enable a sales workforce to create or upload any number of prospects in real time, with the ability to scrutinise, approve and digitally process them with greater efficiency.

It incorporates features such as easy visualisation capabilities and a built-in learning system where partners can take up practice tests while adhering to privacy and data security requirements. It will also allow for more accurate data filing with the regulator.

EGI hopes IPOS will address the protracted time taken to onboard agents given that it can help complete the whole process in under 24 hours. The digital platform allows the partner to undergo a DIY process of uploading the documents and initiating the onboarding process with EGI.

Commenting on the launch, EGI chief distribution officer Rakesh Kaul said, “IPOS is an end to end partner onboarding platform with intuitive and easy to use interface along with tight integration with our core systems.”

“The objective here is to completely digitise a partner’s journey and bring in more efficiency,” he added.

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