Kayna Innovation

Embedded Insurance Infrastructure enabling Distribution through Vertical SaaS The Problem: Small businesses are not properly insured. 50% UK SMBs underinsured (CII, FCA) Why? Insurers don’t have accurate data on small business - Incorrect insurance means 50% of UK SMBs are underinsured according to the Chartered Insurance Institute (CII) and Financial Conduct Authority (FCA)- Current policies are static though SMBs are dynamic. Less than 20% of SMBs tell their insurer/broker as their needs change (RSA)- 25% of UK SMBs will go out of business if faced with an unexpected bill of (RSA). The Solution: Accurate insurance that keeps up to date with the business. Kayna offers insurers access to unique data to allow accurate insurance throughout the lifetime of the policy- SMBs get complete Insurance transparency on correct cover levels- Policy review is dynamic; changing as the business changes – automatically- Insurers can price risk more accurately and the broker can provide the right support, at the right time- Insurance is automatically presented to the SMB in real-time through the platform they use to manage their business