Everything.Insure, South Africa’s InsurTech platform, has just launched its commercial insurance marketplace online. This platform stands as a pioneer in the digital brokerage and insurance marketplace landscape, transforming the way insurance shopping operates.
Gone are the days when securing commercial insurance involved a convoluted, drawn-out process, demanding weeks or even months of paperwork from businesses just to receive a single quote.
With Everything.Insure, businesses can now access multiple quotes within minutes, marking a significant shift towards streamlining the entire insurance procurement process.
This digital platform caters to three primary types of commercial businesses, ensuring a personalised and efficient experience for each:
- SMEs (Turnover under R20 Million): Obtain full coverage in less than 5 minutes with prompt cover recommendations based on industry and turnover.
- Large Commercial Businesses (Turnover up to R100 Million and/or multiple locations): Gain access to comprehensive coverage, complete with comparative quotes, within 15-30 minutes, either online or through Everything.Insure’s expert brokers.
- Large Niche Businesses: Specialised brokers are on hand to design custom insurance solutions tailored to unique business needs.
Everything.Insure’s digital model enables businesses to secure coverage instantly online, eliminating the need for laborious paperwork and extended waiting periods. The platform boasts a diverse array of insurance products, ranging from personal and funeral to pet and now commercial insurance.
Vis Govender, Co-founder of Everything.Insure and Group CEO of FirstEquity Group, emphasises the significance of digitalisation in reshaping the insurance industry.
He states, “Digitalisation has long been identified as a key driver of value, innovation, and the development of the insurance industry. We at Everything.Insure are leveraging the power and potential of cutting-edge digital technologies to transform the way businesses, brokers, and insurance underwriters connect while reimagining insurance in a more accessible, client-centric form. The establishment of this new digital marketplace will also help to strengthen South Africa’s position as a hub of technological innovation as the country becomes the first to offer commercial businesses digital marketplace insurance services.”