4 reasons to choose a new insurance solution

Coverflex
3 min readDec 3, 2019

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Owners and managers are often busy taking care of their companies and worried about growing their business — as they should be! For them, insurance is a necessary evil, highly bureaucratic, complicated, hard to choose and confusing. Quite often, companies are exposed to risk or not covered in case of an accident, just because they missed a legal procedure, a deadline or they simply found it so confusing that stuck their head in the sand and hoped for nothing to happen.

The days of complexity and insecurity are coming to an end. Simpler and better solutions are appearing in the insurance market, promising to make life easier for companies, owners, managers, and employees. Coverflex is leading the path towards simpler, easier and transparent solutions that really support companies and business owners.

Luckily, you no longer need to keep struggling to manage insurance and protect your company. Find out four reasons why you should bet on a new insurance solution and switch to Coverflex.

1 — Easy and informed purchase process

The moment of choice between insurance providers can be quite challenging. Business owners and managers want to have their company secured, but this isn’t always easy. The purchase is offline and decisions feel uninformed. There is a lot of information to analyze and the paperwork can be very confusing and not so transparent. Not to mention the small letters. I mean, nothing good ever came in small letters, right?

By bundling insurances in simple plans, our 100% digital solution provides you with greater simplification and peace of mind, ensuring you are covered for all relevant risks at the best cost. You only need to provide your information once, and we take care of the rest.

2 — Easy management

Paperwork, paperwork, and paperwork — piles of it, unnecessary and outdated. This is the bureaucratic reality of today’s companies, and insurances don’t make things easier.

What if we cut down all the paperwork and automate all the processes? Our agile and intuitive dashboard will help everyone — from the owner to the employee — to manage their insurances. The full digital experience allows you to make integrated management and go through metrics, with a few clicks only. And there’s also our dedicated customer support team, always available when you need a hand (or two!).

3 — Lower prices

The insurance sector is stuck in a long supply chain. The traditional supply chain starts with the reinsurer and involves the insurance companies, the brokers, the agents, and the collectors before it gets to the customers, with about 50% lost savings in commissions and outdated structure cost.

Coverflex is the all-in-one solution negotiated directly with the reinsurer. This lighter supply chain allows us to guarantee 20% cheaper rates than traditional brokers. Our monthly pricing plans with a fixed cost per employee are designed to ensure the right protection at the best price, without excess capital and covers you don’t need. They are tailored to the needs of our customers — not more, not less.

4 — Talent retention

Insurances have a very important role in companies and they have the ability to define relationships between managers and employees. Giving them a good shield, managers are saying that they care about their employees and they want them to stay.

That’s why we thought it would make sense to have a bigger vision and transform the way companies and employees are connected, combining insurances, employee benefits and perks. Our solution allows you to reward your team with great flexible benefits. The more products you acquired, the higher the benefits you get. Plus, you get instant access to a benefits and perks plan to offer your employees saving you on structure costs and time, while retaining talent and increase employees’ morale. With our platform, you can set how much you want to give each employee per month and he/she chooses how to use it — from health insurance for their family to a gym pass.

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Building a company takes a lot of time, passion and commitment. The focus is important and should not be lost with complex processes. Saving time, money and paper it’s now in your hands. Get to know us at www.coverflex.com

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Coverflex

The first all-in-one digital solution for the insurance sector, with monthly pricing plans and a fixed price per employee.