Breaking News
CoverGo obtains a patent for its drag-and-drop product builder
CoverGo, the leading global SaaS no-code insurance core platform for health, P&C, and life, has recently been granted a patent that recognizes the innovative technology employed within CoverGo’s platform. This patented technology facilitates the configuration of insurance products through interactive elements of personal coverage.
CoverGo’s platform has already made a significant impact on insurers worldwide, thanks to its modern API-driven technology. This recent patent is designed to safeguard the system, ensuring robust legal protection within a global legal framework. This protection is crucial as CoverGo continues its global expansion.
The newly patented CoverGo product builder revolutionizes the insurance industry by simplifying IT processes that have historically slowed down product launches. This innovative no-code drag-and-drop tool empowers business users to swiftly build, configure, and launch products, resulting in cost savings, accelerated market entry, and increased competitiveness.
The patent also encompasses other aspects of CoverGo’s technology, including the elimination of free-text fields, enabling insurers to analyze documents from a data perspective. This ensures richer insights and data integrity without the need for extensive tech redevelopment.
Alex Montgomery, the visionary behind CoverGo’s patented system, explained, “Legacy insurance systems have traditionally made it challenging and expensive to create new insurance products or customize coverage for large customers. CoverGo’s user-friendly drag-and-drop product builder eliminates the need for costly code changes, allowing business users to configure products with built-in support for claims adjudication and self-service administration.”
People In This Post
Companies In This Post
- Asia Insurance Has Launched With CoverGo To Enable End-to-End Health Insurance Digital Experience Read more
- Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action Read more
- One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft Read more
- Lloyd’s and Ireland’s Department for Finance Announce Strategic Collaboration to Drive Insurtech Innovation Read more
- Why Millennials and Gen Z Are Choosing Life Cover and Delaying Marriage and Kids Read more
Asia Insurance Has Launched With CoverGo To Enable End-to-End Health Insurance Digital Experience
Asia Insurance, one of the leading general insurers in Hong Kong and Macau, has officially gone live withCoverGo’s next-gen, end-to-end health insurance platform, to power a fully digital, end-to-end health insurance journey for its customers, distribution partners, and internal teams.
Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action
Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.
One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft
One Inc, the leading payments network for the insurance industry, today announced a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders.
Lloyd’s and Ireland’s Department for Finance Announce Strategic Collaboration to Drive Insurtech Innovation
Lloyd’s and Ireland’s Department of Finance announced a new strategic partnership to foster insurtech innovation and promote Irish expertise on a global stage
Why Millennials and Gen Z Are Choosing Life Cover and Delaying Marriage and Kids
A growing number of UK adults under 40 are postponing traditional life milestones, with far-reaching implications for financial planning and insurance uptake. Capital for Life explains how younger generations are reshaping the market and what insurers must do to keep pace.
Chubb and Endeavor Forge Global Partnership to Empower Entrepreneurs and Support Emerging Market Economic Growth
Chubb Limited (NYSE: CB) and Endeavor have announced a unique global partnership that supports and advances high-impact entrepreneurs. This partnership underscores Chubb and Endeavor's shared commitment to foster innovation, cultivate the start-up culture and contribute to economic growth in emerging markets globally.
OpenDialog AI and P J Hayman Partner to Redefine Digital Travel Insurance Journeys
OpenDialog AI today announced a new partnership with P J Hayman to revolutionise how people buy and engage with travel insurance online
Asia Insurance Has Launched With CoverGo To Enable End-to-End Health Insurance Digital Experience
Asia Insurance, one of the leading general insurers in Hong Kong and Macau, has officially gone live withCoverGo’s next-gen, end-to-end health insurance platform, to power a fully digital, end-to-end health insurance journey for its customers, distribution partners, and internal teams.
Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action
Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.
One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft
One Inc, the leading payments network for the insurance industry, today announced a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders.
Lloyd’s and Ireland’s Department for Finance Announce Strategic Collaboration to Drive Insurtech Innovation
Lloyd’s and Ireland’s Department of Finance announced a new strategic partnership to foster insurtech innovation and promote Irish expertise on a global stage
Why Millennials and Gen Z Are Choosing Life Cover and Delaying Marriage and Kids
A growing number of UK adults under 40 are postponing traditional life milestones, with far-reaching implications for financial planning and insurance uptake. Capital for Life explains how younger generations are reshaping the market and what insurers must do to keep pace.
Chubb and Endeavor Forge Global Partnership to Empower Entrepreneurs and Support Emerging Market Economic Growth
Chubb Limited (NYSE: CB) and Endeavor have announced a unique global partnership that supports and advances high-impact entrepreneurs. This partnership underscores Chubb and Endeavor's shared commitment to foster innovation, cultivate the start-up culture and contribute to economic growth in emerging markets globally.
OpenDialog AI and P J Hayman Partner to Redefine Digital Travel Insurance Journeys
OpenDialog AI today announced a new partnership with P J Hayman to revolutionise how people buy and engage with travel insurance online