FASST

About FASST

FASST is an insurtech that provides digital distribution platforms for insurers, mutuals, and brokers, focusing on enhancing revenue in life insurance, health, retirement savings, and property insurance. The platform streamlines client management and regulatory processes, enabling efficient portfolio aggregation and integration with existing solutions.

```xml <problem> Insurance and wealth-management firms face challenges in creating customized digital experiences for clients, while also needing to maintain regulatory compliance and efficiently manage client portfolios across life insurance, health, retirement savings, and property insurance products. Siloed systems and manual processes hinder the ability to provide seamless, personalized advice and streamline the subscription process. </problem> <solution> FASST offers a suite of modular digital platforms designed to streamline insurance and wealth-management workflows, enhance client engagement, and accelerate sales. The platform enables firms to create tailored subscription pathways, automate regulatory compliance, and consolidate client portfolio data. FASST's solutions are designed to integrate with existing systems, providing a unified digital foundation for professionals in the insurance and wealth-management sectors. The modular design allows firms to select and deploy specific capabilities to address their unique needs, from initial client interaction to ongoing portfolio management. </solution> <features> - **HUB FASST:** A platform providing expertise in national collective agreements and wealth-management solutions, offering three approaches (Patrimoine, Individuel, Collectif) from a single platform. - **Open Insurance Platform (OIP):** Enables the creation of customized online subscription pathways, from client data capture to document generation, including e-signatures and compliance adherence. - **Flexi:** Centralizes product offerings and simplifies document workflows, automating the integration of publishing processes through FlexiProduct and FlexiDocs. - **Marketplace:** Provides access to interconnected modules for managing company data, member spaces, compliance, and document automation. </features> <target_audience> FASST primarily serves insurance companies, mutual insurance organizations, brokers, and wealth-management firms seeking to digitize their processes, enhance client engagement, and ensure regulatory compliance. </target_audience> ```

What does FASST do?

FASST is an insurtech that provides digital distribution platforms for insurers, mutuals, and brokers, focusing on enhancing revenue in life insurance, health, retirement savings, and property insurance. The platform streamlines client management and regulatory processes, enabling efficient portfolio aggregation and integration with existing solutions.

When was FASST founded?

FASST was founded in 2023.

How much funding has FASST raised?

FASST has raised 35820000.

Who founded FASST?

FASST was founded by Yasser Echoukry and Xavier Favre.

  • Yasser Echoukry - CEO
  • Xavier Favre - Co-Founder
Founded
2023
Funding
35820000
Employees
105 employees
Major Investors
Bpifrance Large Venture, Revaia
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FASST

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

FASST is an insurtech that provides digital distribution platforms for insurers, mutuals, and brokers, focusing on enhancing revenue in life insurance, health, retirement savings, and property insurance. The platform streamlines client management and regulatory processes, enabling efficient portfolio aggregation and integration with existing solutions.

Funding

$

Estimated Funding

$35.8M+

Major Investors

Bpifrance Large Venture, Revaia

Team (100+)

Yasser Echoukry

CEO

Xavier Favre

Co-Founder

Company Description

Problem

Insurance and wealth-management firms face challenges in creating customized digital experiences for clients, while also needing to maintain regulatory compliance and efficiently manage client portfolios across life insurance, health, retirement savings, and property insurance products. Siloed systems and manual processes hinder the ability to provide seamless, personalized advice and streamline the subscription process.

Solution

FASST offers a suite of modular digital platforms designed to streamline insurance and wealth-management workflows, enhance client engagement, and accelerate sales. The platform enables firms to create tailored subscription pathways, automate regulatory compliance, and consolidate client portfolio data. FASST's solutions are designed to integrate with existing systems, providing a unified digital foundation for professionals in the insurance and wealth-management sectors. The modular design allows firms to select and deploy specific capabilities to address their unique needs, from initial client interaction to ongoing portfolio management.

Features

HUB FASST: A platform providing expertise in national collective agreements and wealth-management solutions, offering three approaches (Patrimoine, Individuel, Collectif) from a single platform.

Open Insurance Platform (OIP): Enables the creation of customized online subscription pathways, from client data capture to document generation, including e-signatures and compliance adherence.

Flexi: Centralizes product offerings and simplifies document workflows, automating the integration of publishing processes through FlexiProduct and FlexiDocs.

Marketplace: Provides access to interconnected modules for managing company data, member spaces, compliance, and document automation.

Target Audience

FASST primarily serves insurance companies, mutual insurance organizations, brokers, and wealth-management firms seeking to digitize their processes, enhance client engagement, and ensure regulatory compliance.