Bupa Limited, a health insurance specialist, has partnered with CoverGo, a global no-code insurance SaaS platform to streamline Bupa’s health insurance ecosystem.
CoverGo claims to be the insurance industry’s first out-of-the-box modular, no-code insurance platform. It helps streamline an insurance ecosystem from end-to-end with fully configurable API-driven insurance services. It supports health, life and P&C insurance.
The company works with major insurers, including AXA, MSIG, Dai-ichi Life and Bank of China Group Insurance.
Earlier this year, CoverGo closed its Series A funding round on $15m, as it eyes international growth.
Bupa is an international healthcare company serving over 38 million customers worldwide in a bid to help people live longer, healthier and happier lives.
The partnership sees Bupa adopt CoverGo as its new health insurance system in order to accelerate customer onboarding, launch customised products in record time, increase sales through new channels, and improve the user experience for all health insurance stakeholders.
CoverGo said its no-code product builder enables Bupa to shape different types of individual and group health insurance products in hours, without a single line of code and make them instantly accessible through CoverGo’s open insurance APIs.
Products can also be tailored to each customer’s specific needs and made available via agency, broker and partner channels for both new business and renewals.
Bupa said it also chose CoverGo as a partner to set the right foundation for future improvements in its ecosystem.
Tomas Holub, founder & CEO of CoverGo said, “We are delighted to assist Bupa on their journey towards digital transformation. Bupa has shown a clear commitment to digitize and streamline their health insurance ecosystem in an efficient and scalable way using CoverGo’s cutting-edge no-code insurance platform.
“It’s also a validation of CoverGo’s health insurance capabilities, with leading health insurers across the globe adopting our platform. We look forward to growing our collaboration with Bupa across many products and markets.”
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