FintechOS, the global leader in high-productivity fintech infrastructure (HPFI), today announced that the FintechOS platform is powering top UK insurance provider Admiral’s new digital pet insurance product.
The FintechOS platform – with its composable core blocks, low code/no code ability, cloud native architecture, and pet insurance Accelerator – enabled Admiral to launch quickly.
“Our focus at Admiral is on providing high-quality, high-value products and services to our customers,” says Pritpal Powar, Admiral’s Head of Pet. “With the FintechOS platform, we were able to meet our aggressive launch deadline, while also delivering an innovative digital pet insurance solution.”
Admiral first discussed working with FintechOS in January of this year, with an ambitious target go-live in the second half of 2022. Working closely with FintechOS, Admiral was able to go to market with its new pet insurance product this month.
“We founded FintechOS to enable businesses with a truly customer-centric, data-driven approach to financial products and services,” explains Teo Blidarus, CEO and co-founder, FintechOS. “Admiral’s innovation and customer-centricity are impressive. We’re proud to be powering their digital pet insurance product.”
The FintechOS platform offers key advantages over other technologies, including:
• Speed-to-market: With FintechOS, Admiral was able to move from conception to launch quickly. The FintechOS platform empowered Admiral with composable core blocks, low-code/no-code ability, cloud native architecture, and a pet insurance Accelerator.
• Anytime updates: With the FintechOS platform, Admiral product designers can adjust and fine-tune ratings and coverages on their own, via a low-code interface. FintechOS removed Admiral’s dependency on technical teams to implement changes – allowing Admiral to avoid costs and operate at the pace of its business.
• Data-driven personalization: Supporting Multi Pet policies was a key requirement for Admiral. FintechOS data-driven personalization integrated Admiral’s extensive customer data with a digital interface, enabling Admiral to provide hyper-personalized pet coverage.
• Ecosystem integrations: With FintechOS, Admiral was able to integrate its pet insurance offering into partner systems with ease.