Car insurance platform for discounted RCA policies
Business requirements
Rising car insurance costs, especially for RCA policies, have put increasing pressure on Romanian drivers. Many policyholders are looking for more affordable options and more transparency in how prices are set.
Our customer set out to create a digital platform that combines investment and insurance. By becoming shareholders, users receive yearly vouchers that can be used to obtain discounted RCA policies. This shareholder-based model offers cost-conscious drivers both reduced insurance costs and a long‑term financial upside.
Problem statement
Traditional RCA insurance purchasing involves high premiums, limited discount options, and little alignment between customer loyalty and financial benefit. Manual comparison, purchase, and renewal flows add friction and often result in missed savings. Customer needed a digital insurance platform that automates voucher-based discounts, simplifies RCA policy purchase and renewal, and builds customer loyalty by giving users equity participation and recurring benefits.
Technical solution
We designed and built a secure, scalable web platform using a modern fintech‑ready stack. The system supports shareholder enrollment, yearly voucher generation based on owned shares, and streamlined RCA policy purchase with integrated online payments.
Once users purchase shares, they generate annual vouchers that can be applied to their insurance cost, enabling discounts of up to 60% of the policy value. The platform was built with a user‑centric interface so both investment and insurance flows feel simple and transparent.
Feature highlights
- Secure user onboarding: Streamlined registration and shareholder enrollment flows with strong security controls
- Integrated payment processing: Seamless online payments through local gateways, supporting both RCA policy purchases and share investments in a single platform
- Dynamic share and voucher calculator: Real-time calculator that determines personalized voucher values and discounts based on policy value, investment amount, and yearly yields
Time to market
The first phase of the product was released in about one and a half months, allowing the client to move quickly with market adoption and begin validating the model with real customers. This rapid time to market helped them capture early interest from cost‑conscious drivers and establish a differentiated position in the car insurance space.
