Our Platform
Increase efficiency, boost your sales –
all insurance products, on every channel
Whether embedding products into partner ecosystems, enhancing direct-to-customer sales, or equipping brokers, agents, and Banca partners with the best tools, Democrance supports all your distribution and claims management needs.
Trusted by
Embedded Insurance & API Ready
Engage customers and boost digital sales by seamlessly integrating insurance products into partner ecosystems using Democrance APIs: Super Apps, Online Aggregators, Mobile Wallets, MNOs, HR Platforms, Retailers, MTOs, MFIs, Governments, and more.
Features
- Instant Underwriting
- Instant Quoting
- Instant Binding
- Instant Policy Issuance
- Instant Endorsements
- Instant Claims (FNOL)
Direct-to-Customer Sales Builder
Enhance direct-to-customer sales with seamless, optimized out-of-the-box journeys for all insurance products. Simply link the Democrance white-labeled sales journey to your website or campaign calls to action for easy customer purchases.
Features
- Ready-Made UX/UI
- Responsive design
- Custom logo
- Custom colors
- Custom fonts
- Analytics Integration
Intermediaries Portal
Equip agents, brokers, Banca partners, and other third parties with tools to streamline their work and boost sales of all insurance products. All partner-underwriting team communications are centralized within the Democrance platform for enhanced operational efficiency.
Features
- Quote Management
- Integrated Referrals System
- Rate Adjustment
- Renewal Management
- Document Upload/Download
- Partner, User & Commission Management
Customer Portal & Policy Management
Offer customers a self-service portal for comprehensive management of active policies and claims, activation/deactivation of specific covers, behavior-based rewards tracking, and more. Leverage customer data for personalized upsells and cross-sells.
Features
- Toggle Covers On/Off
- Purchase Add-Ons
- Access Policy Documents
- Make Endorsements
- Initiate and Track Claims (FNOL)
- Policy Renewal
Flexible Product Configuration
Reduce technology costs by configuring and distributing any insurance product with the Democrance platform across all business lines, from simple pre-underwritten products for individual customers to complex group schemes for SMEs.
Features
- Life
- Health
- P&C
- Personal lines
- Commercial lines
- Varying Degrees of Underwriting
Advanced Underwriting & Rating Engines
Boost straight-through processing sales and cut referral costs by automating complex underwriting rules and rating models across all business lines. Configure and automate your own rules or connect to external providers. Available out of the box.
Features
- Increase STP sales
- Reduce referrals
- Custom UW and Rating Rules
- Third-Party UW and Rating Integration
- Historical data feed
- Third-party data feed
Comprehensive Data Ecosystem
Unlock new portfolio insights, enhance customer experience, and boost sales with out-of-the-box integrations with external data sources, underwriting and rating engines, local authorities, and various third-party services, including payment gateways, eKYC, AML, SAML, OCR, SMS gateways, and core system integrations for accounting, reserving, or reinsurance.
Features
- Visual sales dashboards (GWP)
- File/API Data Imports/Exports
- Third-party data sources integrations
- Third-party services integrations
- Insurance core system integrations
- Custom AI Applications
