Asego aims to become a leader in the insurance domain and set a benchmark for insurance agents in the market, who can sell insurance products to their customers from all insurance providers in India. Asego wants to deal with all types of insurance, like health, motor, travel, life, and general, under one platform where agents can easily manage their policies and customer profiles. The insurance giant expects the InsureTech platform solution (system) to be smart enough to increase sales, maintain customer portfolios, and give suggestions for the best insurance products as per customer income and needs.
- Vertical: Insurance Industry
- Technology used: ReactJS, PHP Laravel, HTML5, PHP, and MySQL
- Time duration: 6 months
- Team effort: 10 technology experts
A Snippet of Case Study
Review the following points in the case study.
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Challenge
There is a need to build an intelligent InsureTech platform system to help agents offer the most suitable insurance products per customer needs. A unique system where Agents can manage their complete CRM and policies sold through different platforms in the past.
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Solution
Binmile helped Asego develop a quality and best-featured B2B insurance portal from scratch to fulfill all customer needs.
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Benefit
Binmile’s tech stack and technical acumen helped the client excel in the insurance market with a unique InsureTech product that is user-friendly and economically suitable for Agents and Asego as well.
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Scope of Work
Product conceptualization; web portal development; API development and integration; design strategy, UX/UI development and designs, and DevOps automation services.
What Key Challenges Did We Address?
- Safe and secure data storage of end-users
- Scalability with the incremental release of smart features
- Need for numerous API integrations
- Collecting insurance product data from different insurance providers and showing it on a single platform in sync with customer needs.
- Solution design and implementation keeping the product cost in check
Binmile took all challenges and addressed them successfully to deliver to the client exactly what it was looking for in the competitive market.
What Were The Solutions That Binmile Provided
- A custom API Wrapper was developed to collect data from different insurance providers and showcase it on a common platform.
- Best and innovative algorithms are implemented to show a suitable plan matching customer income and needs.
- Automation for all reminders to track and manage sales and leads.
- DevOps automation for a seamless deployment with time and cost savings.
Read Also: Insurance Ecosystem
What Are the Overall Business Outcomes
The InsureTech portal shows the difference between incorporating and managing insurance products along with a fully customized CRM. The portal provides a solution that doesn’t exist in the insurance market as a single solution. It makes a real difference.
- Simplified insurance selling journey
- Lead tracking and management with ease
- Smart dashboards to track goals, leads, earnings, and daily work with a hawk’s eye
- Best insurance sales journey from anywhere
- Automated reminders to close and track Leads
- Manage your roadmap and earnings with the help of a smart wealth calculator
About Asego Portal
Asego Agent Portal is the best insurance policy-selling solution for insurance agents. It helps agents sell policies from different insurance providers under one platform and gives options to manage and track their customers’ policies and leads smartly. The portal comes with the following unique features
- Sending SMS/Whatsapp/call reminders to customers and agents.
- All modes of online payment are accepted.
- Integration of IRDA training, which is necessary to become an insurance agent.
- A complete knowledge bank that helps Agents to learn and enhance their selling skills.
- Zero maintenance and 24/7 support
- Best insurance journey with ease.
- Tracking all customer policies and leads and giving solutions to customers with a single click.
- CRM management along with policies sold through different platforms.
Asego is a happy client of Binmile Technologies and is satisfied with the InsureTech platform solution.
Binmile likes to go the extra mile with its clients.
Frequently Asked Questions
An InsureTech Platform Solution uses digital technologies to improve insurance processes such as policy administration, underwriting, claims management, and customer service. It helps insurers reduce manual work, improve operational efficiency, and deliver more convenient digital experiences.
Essential features include policy management, claims automation, underwriting tools, customer portals, payment integration, reporting dashboards, and secure data management. The right platform should also support integration with existing systems and scale as business requirements evolve.
An InsureTech Platform Solution can automate claim submissions, document collection, status updates, and workflow routing. AI-assisted analysis can help identify patterns and prioritize cases, while human review remains important for complex claims, exceptions, and final decisions where required.
Development costs depend on platform complexity, required features, integrations, security controls, regulatory requirements, and deployment model. A basic insurance application will generally require less investment than an enterprise platform with automated underwriting and claims processing. A technical consultation can help establish a realistic budget and implementation roadmap.
Insurance companies should evaluate a partner’s experience with financial services software, system integration, data security, regulatory requirements, and scalable architecture. A capable development partner can assess existing workflows, identify automation opportunities, and build a tailored solution aligned with the insurer’s business objectives.
