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Digital Bancassurance

Add new revenue and maximize cross selling.

Add new revenue streams by distributing insurance in a bancassurance model that actually works.

How Digital Bancassurance works.

01. Add an insurance offering to your existing touchpoints

Add a bancassurance offering to the customer touchpoints where it makes the most sense for you and your customers, such as when someone applies for a loan or takes out a mortgage.

02. Insurance provider selection and authentication

Once the user is in the flow, they select their current insurance provider and authenticate themselves using single sign on, username and password, or PDF upload. At the same time, they consent to Insurely collecting data on their behalf. Insurely then collects the user’s insurance data in real-time.

03. Compare their current policy with your offer

By reviewing the collected data, you can advise the user on their best course of action depending on their situation.

04. Close the deal and send the details to the risk carrier

After finding the best solutions for your customer, you can close the deal directly in your environment before sending the details over to the risk carrier.

Benefits of Digital Bancassurance.

  • Expand your share of wallet

    Increase your cross selling opportunities by adding an insurance offering to your core banking products.

  • Maximize profit margins

    Selling insurance in a bancassurance model allows you to leverage your existing distribution capabilities to add new revenues in a cost efficient way.

  • Increase customer engagement

    Manage your customers’ insurance portfolio and increase their engagement with you so you become the one place to go for all their financial matters.

Hear it from our customers.

"At SEB, we continuously strive to meet our customers’ evolving needs and have in the past few years had a big focus on digitalising our products and services. We are very proud to announce a strategic partnership with Insurely within the insurtech and open insurance space. We look forward to working closely with them as we start exploring ways to digitalise our insurance offering."
Stefan Stignäs Head of Exploratory Banking, SEB
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Using Pension Data Access
Using Insurance Data Access

How to create the Digital Bancassurance use case.

Data Access Method


Use our APIs to access and use data directly in your applications - in exactly the way you want to.

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Data Access Method

Pre-built user interfaces

Exceed customer expectations by accessing insurance and pension data through our pre-built user interfaces. Tested, optimized, and quick to implement.

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