About Monokera

Monokera provides an open insurance platform that integrates insurers, reinsurers, and assistance companies with digital distribution channels to facilitate the offering of embedded insurance products. This technology enables rapid integration and management of insurance products, addressing the gap between legacy systems and the demand for streamlined digital processes in the insurance market.

```xml <problem> Legacy insurance systems struggle to integrate with modern digital distribution channels, creating a gap between traditional insurance offerings and the demand for embedded insurance products within online customer experiences. This disconnect hinders the ability of insurers, reinsurers, and assistance companies to efficiently offer and manage innovative insurance products in the digital marketplace. </problem> <solution> Monokera provides an open insurance platform that bridges the gap between insurers, reinsurers, assistance companies, and digital distribution channels, enabling the seamless offering of embedded insurance products. The platform offers both an integration layer to connect insurance systems with digital channels and an administration layer to create and manage insurance products. This allows clients to rapidly integrate and manage insurance products, facilitating the digitization of processes and experiences. The platform's microservices cover the entire lifecycle of a digital insurance product, from initial configuration to ongoing management. </solution> <features> - API-driven platform for connecting insurance systems to digital channels in as little as 8 weeks - Microservices architecture for managing the entire digital insurance lifecycle - Low-code environment for rapid product creation and configuration, enabling changes in real-time - Native cloud infrastructure for scalability and reliability - Reusable integrations for streamlined connectivity - Data-driven insights for informed decision-making - Modules for client configuration, policy configuration, product configuration, client linking, portfolio management, issuance reserve, and reinsurance </features> <target_audience> Monokera targets insurers, reinsurers, and assistance companies looking to expand their reach through digital channels, as well as digital distribution channels seeking to offer embedded insurance products to their customers. </target_audience> ```

What does Monokera do?

Where is Monokera located?

Monokera is based in Kogota.

When was Monokera founded?

Monokera was founded in 2020.

Location

Kogota

Founded

2020

Employees

61 employees

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Monokera

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Executive Summary

monokera.com 1K+

Founded 2020 – Kogota

Funding

No funding information available.

Team (50+)

No team information available.

Company Description

Problem

Legacy insurance systems struggle to integrate with modern digital distribution channels, creating a gap between traditional insurance offerings and the demand for embedded insurance products within online customer experiences. This disconnect hinders the ability of insurers, reinsurers, and assistance companies to efficiently offer and manage innovative insurance products in the digital marketplace.

Solution

Monokera provides an open insurance platform that bridges the gap between insurers, reinsurers, assistance companies, and digital distribution channels, enabling the seamless offering of embedded insurance products. The platform offers both an integration layer to connect insurance systems with digital channels and an administration layer to create and manage insurance products. This allows clients to rapidly integrate and manage insurance products, facilitating the digitization of processes and experiences. The platform's microservices cover the entire lifecycle of a digital insurance product, from initial configuration to ongoing management.

Features

API-driven platform for connecting insurance systems to digital channels in as little as 8 weeks

Microservices architecture for managing the entire digital insurance lifecycle

Low-code environment for rapid product creation and configuration, enabling changes in real-time

Native cloud infrastructure for scalability and reliability

Reusable integrations for streamlined connectivity

Data-driven insights for informed decision-making

Modules for client configuration, policy configuration, product configuration, client linking, portfolio management, issuance reserve, and reinsurance

Target Audience

Monokera targets insurers, reinsurers, and assistance companies looking to expand their reach through digital channels, as well as digital distribution channels seeking to offer embedded insurance products to their customers.