Agiliux Cloud Insurance

The insurance industry is undergoing a major transformation, driven by the adoption of modern technologies and innovative processes. While larger companies are making significant strides in this digital shift, smaller companies are facing challenges in keeping up and fear falling behind. Moreover, the industry is witnessing the rise of disruptive Insurtech startups that offer cutting-edge digital solutions, posing a threat to the traditional players. Despite the rapid growth of Insurtech’s over last many years, it still represented less than 1% of the overall insurance market in 2021 and market research suggests that even in next 10 years (2031), its share is unlikely to exceed 3%. This underscores the importance of empowering traditional players, if we aim to transform the entire industry. Agiliux is on a mission to transform the traditional insurance distribution. On one hand, we offer tailored software to various intermediaries like brokers, agencies, and banks (bancassurance), to enhance their distribution efficiencies, elevate customer experience, and on other hand, we offer solutions to insurers and reinsurers to improve their communication with intermediaries, and enabling them to stay competitive in the rapidly changing landscape.