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Insurtech startups: problems we solve

27 problems insurtech startups bring us, each with the cause, what it costs and what we build to fix it.

Insurtech startups problems

27 articles

Why Do So Many People Get an Insurance Quote From Our Insurtech and Never Buy?

Insurtech startups

Insurtech startups see quotes that never bind and cannot tell why. We track each step of the quote and bind journey, find where it breaks, and build follow-up.

How Do We Stop Underwriting Referrals Sitting in an Inbox While the Customer Waits?

Insurtech startups

Insurtech underwriting referrals land in an inbox with no context. We build a referral queue with risk details, rule reasons and decisions back to the quote.

We Built a Broker Portal, So Why Do Brokers Still Email Our Underwriters?

Insurtech startups

Insurtech MGAs build broker portals that brokers bypass by email. We find what the portal cannot do and fix it, so quotes and changes come in through it.

Our Policy Administration System Cannot Do What Our Product Needs. Do We Replace It?

Insurtech startups

Insurtechs hit policy admin system limits and patch them with spreadsheets. We build around the gaps with services and connectors, before a costly replacement.

How Do We Get Claims First Notification Data Right When Claims Come In by Phone, Email and App?

Insurtech startups

Insurtech claims first notification arrives by phone, email and app with missing details. We build one intake that asks the right questions and routes claims.

How Do We Stop Building Our Monthly Bordereaux for Capacity Providers by Hand?

Insurtech startups

Insurtech MGAs build monthly bordereaux for capacity providers by hand from system exports. We automate extraction, mapping and checks before they go out.

Why Does Every Rate Change Our Pricing Team Makes Need an Engineering Release?

Insurtech startups

Insurtech pricing teams wait for engineers to change rating tables in code. We build a rating service where pricing can change, test and schedule rates safely.

Why Do Our Insurtech Customers Still Have to Contact Support to Change Their Policy?

Insurtech startups

Insurtech customers contact support for policy changes the app should handle. We build self-serve changes with re-rating, documents and referral routing.

How Do We Stop Sending Customers Policy Documents With Old Wording or Wrong Details?

Insurtech startups

Insurtech policy documents go out with old wordings or wrong details. We build versioned templates, wording control and checks before documents are issued.

Why Does Claims Data From Our Third-Party Administrator Never Match Our Policy Records?

Insurtech startups

Insurtech MGAs get claims data from a TPA that does not match their policy records. We build a claims feed with matching, checks and a clean combined view.

What Happens When a Customer's Monthly Insurance Payment Fails, and Who Deals With It?

Insurtech startups

Insurtech monthly premium payments fail and get chased by hand. We build a failed instalment flow with retries, messages and cancellation steps per your rules.

How Do We Handle Insurance Cancellations and Return Premium Without Manual Calculations?

Insurtech startups

Insurtech cancellations mean manual return premium sums, refunds and notices. We build a cancellation flow that calculates, refunds and records by your rules.

Why Does Our Monthly Renewal Run Need So Much Manual Checking Before Invites Go Out?

Insurtech startups

Insurtech renewal runs produce invites that need manual checks and fixes. We build a renewal pipeline with pre-run checks, referral routing and clean invites.

When Our Capacity Provider Audits Our Binder, Why Does Gathering the Evidence Take Weeks?

Insurtech startups

Insurtech MGAs spend weeks gathering files for capacity provider audits. We build a policy and claims file record so audit samples are quick to pull.

Why Does Every New Embedded Insurance Distribution Partner Take So Long to Integrate?

Insurtech startups

Each embedded insurance partner integrates differently, so insurtechs rebuild the plumbing every time. We build one partner API with a sandbox and docs.

Why Can't Our Pricing Team Analyse Quotes Without Asking Engineering for an Export?

Insurtech startups

Insurtech pricing teams wait for engineers to export quote data. We build a quote data store with rating factors, outcomes and claims, ready for analysis.

How Do We Stop Our Claims Handlers Spending Their Day Chasing Claimants for Documents?

Insurtech startups

Insurtech claims handlers chase photos, receipts and reports by email. We build a claimant upload link with reminders and document checks per claim type.

How Should New Claims Be Allocated to Handlers So Simple Ones Move and Complex Ones Get Experience?

Insurtech startups

Insurtech claims are allocated to handlers by a team lead reading each one. We build triage rules and a queue that routes by type, value and handler skill.

How Do We Keep Track of Complaints When They Reach Our Distribution Partners and Claims Administrator First?

Insurtech startups

Insurtech complaints reach partners, brokers and claims administrators first and get logged in their systems. We build one complaints record fed by all of them.

How Can Our Support Team Answer 'Am I Covered?' Questions Faster Without Guessing?

Insurtech startups

Insurtech support teams search wordings and policy data to answer cover questions. We build an agent assistant that quotes the customer's own wording.

How Do We Produce Portfolio Performance Reports for Our Capacity Providers Without a Week of Spreadsheets?

Insurtech startups

Insurtech MGAs build loss ratio and portfolio MI for capacity providers by hand each quarter. We build a reporting model with defined measures and packs.

How Do We Calculate and Pay Commission to Our Distribution Partners Without Month-End Spreadsheets?

Insurtech startups

Insurtechs calculate partner and broker commission in spreadsheets each month. We build a commission engine with statements, clawbacks and payment exports.

Why Doesn't the Premium We Collected Match What Our Policy System Says, or What We Owe Our Capacity Provider?

Insurtech startups

Insurtech premium collected rarely matches policy records or amounts due to capacity providers. We build a three-way premium reconciliation with clear breaks.

What Happens to Our Insurance Quotes When an Address, Vehicle or Property Data Lookup Fails?

Insurtech startups

Insurtech quote journeys break when address, vehicle or property lookups fail, and lookup bills rise. We build lookup handling with caching and fallbacks.

How Do We Get Repairers and Loss Adjusters to Update Our Claims Without Endless Emails?

Insurtech startups

Insurtech claims stall waiting for emailed updates from repairers and adjusters. We build a supplier portal and updates that post straight to each claim.

How Do We Migrate Our Live Insurance Book to a New Policy Administration System Safely?

Insurtech startups

Insurtechs moving to a new policy admin system risk wrong premiums, renewals and documents. We plan and build a staged book migration with parallel checks.

Why Does It Take So Long to Set Up a New Broker Agency With Our Insurtech?

Insurtech startups

Insurtech MGAs set up new broker agencies with emails, forms and manual system setup. We build a broker onboarding flow for checks, terms, users and access.