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Insurance providers

Transactionalize your policy and bring it to the point of sale

Increase your reach and purchase rate with market-leading software, powered by artificial intelligence and machine learning

There is a 3 trillion-dollar gap in the insurance industry with what people need, and what they actually purchase*

The reason? Insurance is complicated. It’s inflexible. And it’s often annoying and difficult to buy. It’s our job to give consumers what they want, when they want it, and how they want it.

*Simon Torrance, “Embedded Insurance: a $3 Trillion marketing opportunity, that could also help close the protection gap” LinkedIn Pulse, December 10, 2020

Easy and effortless insurance solution for Insurance providers

Insurance made easy and effortless

Insurance policies are currently being distributed inefficiently with little to no personalization or flexibility for the consumer. The problem for the consumer is not only the cost, but also the required tedious process involved with purchasing insurance. This shouldn’t be the case in today’s market.

That is why Redkik created a solution which can be fully integrated and embedded into existing online systems for an industry-leading user experience and instant coverage.

Through an API integration, Redkik enables select insurers to bring their policy to the point of sale, where the consumer can purchase coverage tailored to their needs with a single click without the need to re-enter information on an external platform.

Taylored coverage for Insurance Providers

Unmatched ease of use to match consumer needs

In today’s market, the consumer has shifted to be in the driver’s seat of the insurance acquisition process, and it is our job to deliver what they want, when they want it, and how they want it. The one-size-fits-all approach just doesn’t do it anymore.

Redkik’s solution allows tailored coverage to be acquired when it’s most convenient for the customer – whenever they are purchasing the product or service they want insured.

This streamlines the customer experience and makes sure the client is offered the coverage they actually need, when they need it.

Embedded insurance within seconds

Embedded insurance now, not later

How long does the usual insurance process take? A day? A week?

How about less than a second? Redkik’s effortless API integration taps into existing online systems and allows a quote to be offered instantly after the information has been processed in a matter of milliseconds. The quote can then be accepted or denied without the need to re-enter the information on an external website or platform.

Tailored insurance software for Insurance providers

Coverage tailored to consumers’ needs

Traditional off-the-shelf policies rarely offer exactly what the consumer wants and with the flexibility they very much need.

Redkik’s artificial intelligence and machine learning algorithms process the given data from the purchase process, as well as from multiple other data sources to offer customized coverage the consumer truly wants to buy.

I recently purchased a new sailboat.

I was unable to drive across the country to pick it up myself, so I hired my local marine services company to facilitate the delivery. They sat down with me and went over the quote process, and I was surprised at how simple it was to get my boat delivery insured using Redkik’s technology, and I work in the software industry! It was even easier than calling my insurance agent.

– George Hansen, Plymouth Minnesota

Flexible insurance solution for Insurance providers

Flexible software for your needs

Whatever the type of insurance is you specialize in, Redkik’s flexible software allows you to distribute it to the consumer in a matter of seconds. Our solution is platform agnostic, meaning our technology can be embedded into existing systems and make the offer of a transactional quote seamless – no extra and external portals or websites needed.

Our solution can handle even special or unusual commodities safely, which used to require days or even weeks to get cleared and covered.

Schedule a demo with our experts to discuss how our software can be used to reach your goals

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Offer your policy at the point of sale

Give your customers what they want, when they want it

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Dynamic Pricing

Redkik’s AI and machine learning algorithms offer tailored pricing for actual needs

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Keep your policy flexible and safe

We can isolate problematic customers, so others won’t be affected

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Streamline the purchase journey

The user remains on the same platform throughout the entire process

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Increase purchase rate

The seamless experience and effective timing leads to an increased purchase rate

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Scale your reach

Reach your target groups more effectively – especially SME’s

How does Redkik’s embedded solution work? 

Redkik’s insurance software processes and analyzes endless data points in the background and compresses the data into the most accurate pricing. The process has been reduced to a single click for the end-user for a seamless user experience.

Because our software is fully embedded, no changes need to be made into the sales flow of the platform we integrate into.

A transport or shipment is purchased

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Redkik picks up the details through the API integration

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Redkik generates an insurance quote instantly

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Consumer accepts the quote

Insurance partner is notified

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Quotation is sent to consumer’s email

EU Only?

To stay compliant with EU’s Insurance Distribution Directive the booking-holder must be sent a non-obligated quote which they can accept independently

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Consumer confirms the purchase

EU Only?

To stay compliant with EU’s Insurance Distribution Directive the booking-holder must be sent a non-obligated quote which they can accept independently

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A confirmation email is sent to consumer

Send us a message

Please provide your contact information and we will get in touch as soon as possible.

Or skip the form and book a 30min demo
With Redkik you can
  • Bring your policy to the point of sale
  • Transactionalize your policies and increase reach
  • Address evolving consumer needs

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