Greenraven Ventures

The urgent need for digital transformation by insurance companies has been highlighted by the Covid-19 pandemic and the various lockdowns across the world. Current systems and processes contribute to the lack of scalability and high operational costs, resulting from - High cost of customer acquisition and policy maintenance- Time-consuming and costly new product development processes- Limited capability to integrate with digital eco-systems- Endless need for reconciling different databases in order to generate reports- To support changes in their business, legacy systems need to be continuously re-programmed, which is costly and slow.