InsureMO, an insurance middleware platform, has teamed up with financial product comparison platform MoneyHero, aiming to create a “premier digital insurance aggregation and comparison platform” across Greater Southeast Asia.
The integration of InsureMO’s advanced middleware technology into MoneyHero’s platform allows users throughout Greater Southeast Asia to explore, compare, and buy insurance policies that are transparent and tailored to individual needs.
InsureMO is a part of MoneyHero’s broader growth strategy, utilising its innovative solutions to introduce new and improved products to users and to open up new opportunities.
The InsureMO’s platform manages over 65 million policies and has facilitated more than US$25 billion in Gross Written Premium (GWP) through its cloud platform. The company’s technology supports over 5000 products and 2000+ insurance APIs, catering to a wide array of sectors.
Rohith Murthy, CEO of MoneyHero Group said,
“Our strategy, favoring ‘buying over building’ the cutting-edge technology solutions to enhance our platform, accelerates our market entry and organisational learning.
This approach has significantly contributed to the success of our end-to-end journeys. We are not just changing how insurance is bought and sold; we are redefining the customer experience altogether.”
Rajat Sharma, CRO at InsureMO said,
“MoneyHero stands as the trusted beacon for consumers navigating their personal insurance journeys in Southeast Asia.
We are thrilled to bring our InsureMO technology to enrich the MoneyHero ecosystem and look forward to setting new benchmarks for the 3Vs (volume, variation, and velocity) of digital business across the globe.”
Featured image credit: Edited from Freepik