XN Worldwide Insurance adopts the CoverGo platform to streamline their insurance ecosystem

[Hong Kong & Montreal] – XN Worldwide Insurance, a leading MGA specialized in Global Mobility, and CoverGo, leaders in the field of insurance technology, are joining forces to streamline XN’s insurance ecosystem. XN has adopted CoverGo’s unique no-code insurance platform, enabling them to build, test and launch insurance products within days instead of months or years.

Expert in Global Mobility and Specialty Risk insurance in the US and Canada, XN has drastically increased their speed to market, enabling them to offer customized products reflecting exact clients’ needs, a key element to secure a strong competitive advantage. A key decision factor in choosing CoverGo was the product builder’s capability to be integrated to XN’s existing systems as an off the shelf module in a few weeks only , yet offering maximum flexibility to reflect XN’s unique business needs and environment.

CoverGo is a key partner in the digital transformation of XN Worldwide Insurance, helping to lower their operation costs, increase customer satisfaction and sales.

Key benefits of the CoverGo insurance product builder:

  • No-code drag and drop visual format product builder
  • No tech experience needed to build and configure products
  • Handles all types of insurance across P&C, health and life
  • Generates instant APIs so products can be distributed omnichannel
  • Can be integrated with any legacy or third party systems

Cesar Moufarrege, CEO of XN Worldwide Insurance: CoverGo’s technology and platform is something that we have been looking for in order to advance our digital transformation goals as a company and increase customer satisfaction by step-changing speed to market and service. This no-code API driven platform is a perfect fit into our infrastructure as it provides us such flexibility and agility to push out new APIs without the traditional model of heavy reliance on tech vendor support and constant back-and-forth communication between different teams. Now our product building and APIs can be created under the same platform. The fact that our company based in North America is working with CoverGo in Asia is a testament to the strength of CoverGo’s technology and capabilities to deliver.

Tomas Holub, CEO of CoverGo: We are delighted to assist XN on their journey towards full digital transformation. XN has shown a clear commitment to digitize and address the changing customers’ needs by adopting CoverGo’s cutting-edge no-code platform. It’s also a testament of the scalability of CoverGo’s technology, with clients across Asia, US, Canada and other markets adopting our platform. We look forward to deepening our collaboration with XN in the future.

About XN Worldwide Insurance

XN, founded in 2001, is an expert in underwriting risks and providing insurance coverage solutions in Global Mobility and Specialty Risk. XN works closely with Brokers-Partners and International clients to design tailored programs according to their needs. XN has an unparalleled experience in designing group programs for international assignees or expatriates.

In 2011, XN was acquired by the Henner Group, an international insurance leader and Third Party Administrator with offices in Paris, Singapore, Dubai and other world capitals. Together, they now form one of the world’s largest companies specializing in expatriate insurance and administrative platforms for healthcare products, as well as property and casualty solutions.

About CoverGo

CoverGo is the insurance industry’s first fully configurable, modular, no-code, enterprise-grade insurance platform powered by 500+ insurance APIs to enable digital insurance transformation at record speed. It allows insurance companies and banks to overcome their legacy IT systems, adopt omni-channel distribution strategy and streamline policy admin, customer onboarding, and claim processes.

CoverGo has helped insurance organizations of all sizes launch and scale innovative products across all insurance lines faster and at a lower cost, with personalized user experiences to better serve their customers. CoverGo is already working with insurance companies, banks, and delivery partners across three continents.

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Fintech Finance News: XN Worldwide Insurance adopts the CoverGo platform to streamline their insurance ecosystem

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