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Everything.Insure launches first digital commercial insurance marketplace

Everything.Insure launches  first digital commercial insurance marketplace
14-02-24 / Kwanele Sibanda

Everything.Insure launches first digital commercial insurance marketplace

Johannesburg - Everything.Insure, the digital broker and insurance marketplace is pleased to announce a ground-breaking addition to its platform.

 

Everything.Insure, known for providing comparative quotes that one can buy online from traditional insurers for personal, funeral, and pet insurance, amongst others, is now making waves as the world's first platform to offer a commercial insurance marketplace online.

 

In the past, securing commercial insurance was a complicated, time-consuming process, requiring weeks or even months of paperwork from businesses, just to obtain one quote. However, Everything.Insure says businesses can now obtain multiple quotes within minutes on its platform, streamlining the entire process.

 

It says its digital platform caters to three main types of commercial businesses, ensuring a tailored and efficient experience for each:

 

  1. SMEs (Turnover under R20 Million): Achieve full coverage in under 5 minutes with quick cover recommendations based on industry and turnover.
  2. Large Commercial Businesses (Turnover up to R100 Million and/or multiple locations): Access comprehensive coverage, with comparative quotes, in 15-30 minutes, either online or through Everything.Insure's expert brokers.
  3. Large Niche Businesses: Specialised brokers are available to craft custom insurance solutions for unique business needs.

Everything.Insure says its digital model allows businesses to be covered instantly online, eliminating the need for tedious paperwork and prolonged waiting periods. The platform offers a wide range of insurance products, including personal, funeral, pet, and now commercial insurance.

 

Mishaya Chettiar, Executive Head at Everything.Insure, highlights the platform's innovation, stating, "With this new mould-breaking digital platform, brokers and business owners will no longer have to fill in hundreds of pages in application forms and wait for weeks just to receive a single quote. Businesses will gain quicker access to and greater flexibility from their insurance coverage."

 

Vis Govender, Co-founder of Everything.Insure and Group CEO of FirstEquity Group, emphasises the significance of digitalisation in reshaping the insurance industry. He states, "Digitalisation has long been identified as a key driver of value, innovation, and the development of the insurance industry. We at Everything.Insure are leveraging the power and potential of cutting-edge digital technologies to transform the way businesses, brokers, and insurance underwriters connect while reimagining insurance in a more accessible, client-centric form.

 

"The establishment of this new digital marketplace will also help to strengthen South Africa's position as a hub of technological innovation as the country becomes the first to offer commercial businesses digital marketplace insurance services."

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