Car insurance platform

Business requirements

In recent years, car insurance costs have been on the rise, adding a significant financial burden on policyholders, leading many to seek more affordable options. To address this growing concern, our customer thought of building a digital platform to help policyholders purchase discounted RCA insurances by becoming a shareholder of the company, using their yearly generated vouchers to reduce the cots of their car insurance.

Technical solution

We have built a digital solution where customers can easily purchase shares directly on the platform, shares that generate yearly vouchers which can be later used in getting discounts up to 60% of the insurance policy cost.

Feature highlights

• secured account creation
• payment processor integration to enable online payments

Time to market

The first phase of the product has been released in about one and a half months, allowing customer to accelerate with the adoption plans.