Indeez’s success underlines the potential of technology in addressing niche market needs. By partnering with InsureMO, the company has built a flexible and scalable solution that is well-positioned to adapt to the changing needs of the gig economy.
Indeez, a European insurtech broker, has disrupted the insurance market by providing tailored, micro-duration, and micro-value insurance products to the burgeoning gig economy. Leveraging the robust capabilities of the InsureMO platform, Indeez has accelerated its time to market, reduced development costs, and increased potential revenue.
Indeez operates under a B2B2C model, partnering with digital communities like Uber and Deliveroo. This business approach has enabled the company to understand the unique insurance needs of independent workers, such as short-term coverage and flexibility.
The key challenge for Indeez was developing a solution that could adapt to the rapidly changing and diverse needs of the gig economy. The solution needed to allow seamless integration with various front-end and back-end applications, providing a smooth user experience.
To overcome these challenges, Indeez adopted the InsureMO platform. This platform facilitated product management, API orchestration, and back-end application integration. To develop the requisite apps, Indeez partnered with Hexaware, an implementation partner of InsureMO. Together, they built a robust and adaptable product architecture that could evolve with market needs.
By leveraging InsureMO, Indeez has been able to:
- Accelerate its market entry.
- Reduce development costs.
- Increase potential revenue.
- Provide innovative, customizable insurance products.
Feedback from both customers and digital communities has been overwhelmingly positive, establishing Indeez as an industry leader.