IPMI Insurance
Accelerating Speed to Market: Cutting Product Launch Times from Months to Days Across the Nordics
Nordic markets live
0
Live in days
not in months
NIS Policy
End-to-end sales and policy administration
Sector
International Private Medical Insurance (IPMI)
Client
Global Leading Insurer
The Challenge
A global leading insurer needed to replace its Nordic B2B and B2C sales solution across Denmark, Sweden, Norway, and Finland. The legacy setup required heavy manual effort for policy management and made it difficult to expand product lines quickly. The business needed a modern distribution platform that could support affinity partners and direct-to consumer sales, while handling multiple commercial and health insurance products efficiently.
Solution
The insurer implemented NIS Policy with WebAgent, providing a comprehensive new distribution platform. The system supports:
- Quoting and policy issuance with automated underwriting and premium calculation
- Automatic renewals and detailed reporting outputs
- A wide range of products, including expatriate medical, travel, liability, property, accident, marine, and workers’ compensation lines
- Full partner integration to support affinity distribution alongside direct sales channels
The Results
The results were immediate and measurable:
- All policy management tasks previously handled manually are now automated
- Adding new products now takes days rather than months
- Operational efficiency increased significantly across all Nordic markets
- The success of the rollout has led the insurer to consider extending the platform across the wider EMEA region