The Company

Our client is a broker specialised in embedded insurance distribution. With a team of around fifteen people, they support distribution partners (professional associations, e-commerce platforms, franchise networks) in deploying tailored insurance offerings. Their business model relies on the ability to quickly launch new products adapted to each market segment.‍

Challenge and Objectives

The client faced several major bottlenecks that were slowing down their growth:

• Time-to-market too long: launching a new embedded insurance product took between 6 and 9 months, mainly due to heavy technical developments and dependencies on external providers
• Prohibitive deployment costs: each new product required significant IT investments, making certain niche segments unprofitable
• Complicated product monitoring: impossible to manage their product portfolio and profitability

The objective was clear: drastically reduce time-to-market and launch costs to multiply embedded insurance offerings while controlling their risk.

The Solution

Korint deployed its Korint Engine module, a no-code platform enabling the configuration and deployment of insurance products without technical development. This solution is built around several key components:

• Product configuration module: the broker can now configure new products (pricing, coverage, underwriting rules) autonomously, without developer intervention
• Partner integration API: distributors can directly integrate subscription and pricing into their customer journeys via standardised APIs
• Pricing and monitoring engine: a centralised dashboard allows real-time tracking of performance, risk, and profitability for each product
• Unified back-office: a single interface to manage the entire embedded insurance portfolio, from configuration to operational monitoring

Results

The implementation of Korint Engine has generated measurable and significant gains across the entire value chain. Beyond improving internal processes, the broker's entire commercial capacity has been transformed, enabling accelerated development while controlling investments.

• Time-to-market reduced by 80%: from 6-9 months to 6-8 weeks to launch a new embedded insurance product
• 3 new products deployed in 6 months vs. 1 per year previously
• 70% reduction in IT costs per product launch
• Enhanced portfolio management

Thanks to Korint Engine, our client has regained the agility needed to accelerate their development. They can now quickly seize new business opportunities and make segments profitable that they couldn't address before. A time and cost saving that directly translates into growth.

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