Getsafe launches P&C and Health Insurance API
If something fundamental changes in life, new risks emerge. Potential insurance coverage comes into play.
For insurance companies, it’s hard to find the perfect trigger here. Why? There is no “API” for life events. But there’s a nice little hack. Many of these happen alongside online purchases of goods or professional services.
Infinite touchpoints
What if we could make use of those touch points at scale?
Think about your next dentist’s visit. Chances are you make an appointment online. The upcoming treatment might scare you. So you prepare by getting dental insurance coverage on the spot. Integrated into the appointment booking portal. Without even entering much more data besides payment and some legal opt-ins.
Your first drone. You buy it through some small online shop specialized on drones. What if the shop offers the perfect drone coverage right next to your desired drone? No more hours of research to find out which insurance fits.
The opportunities are endless.
All these events present a potential win-win-win-situation.
Customers like relevance. Shops like to increase their revenue. We like little marketing scatter losses.
First to integrate health and life coverage
It was hard to capture this value for a long time. Insurers did not provide APIs or easy to integrate widgets. Thus, shops had to synchronize prices and take care of many legal requirements. Or even start an insurance company on their own, like the German commerce-juggernaut “Quelle” did in 1984.
Now it’s much easier. The folks of simplesurance and Lemonade jumped on the train already and delivered APIs for device and renters insurance. But for the first time worldwide, we at Getsafe make the magic happen not only for P&C, but also health and life coverage. With everything integrated into one policy-framework, we can adapt flexibly to all meaning life situations. Something that only can be done because of our unique insurance platform.
To pull this off, Getsafe’s bot Carla now lives inside a widget. Smaller partners can use this handy drop-in script to deliver meaningful insurance coverage to their customers. It happens in a compliant way out of the box with insurance that’s ready for end to end for online distribution.
Our more advanced partners can integrate using our Getsafe API to have full control. But just like the widget, it makes your life easy by delivering price, required data and also individually generated legal documents.
We are happy to disclose that during the last few months we already integrated some larger partners and create many happy customers doing so. We also believe we will deliver a nice additional passive income stream for the thousands of upcoming partners to come.
If you are excited to get started, get in touch with us via www.hellogetsafe.com/de-de/api and sign up for early access today!
