Pet Insurance 1.0

February 10th, 2022

The Pet Insurance solution is live - for pets get insurance also!

Pet Insurance is a highly contextualized FintechOS solution aimed at helping insurers to accelerate the deployment of a fully digital quote and buy process for customers seeking to get insurance for their pets - cats and dogs, from their phone.

This solution blends with different components of the Northstar Insurance Suite This suite contains all FintechOS solutions for insurance., while focusing on the Pet Insurance niche. Insurers can use the solution right away, as opposed to starting a Pet Insurance delivery business operation from scratch. The cornerstone feature of this accelerator FintechOS out-of-the-box solution speeding up delivery for a certain business vertical. is the Pet Insurance Mobile Journey which has the following properties: end-to-end digital experience, fully automated, self-service, white-labelled, created around the needs of pet owners. For more details, see the Pet Insurance documentation.

Main Features

Minimum Viable Customer Journey

The Pet Insurance solution includes a mobile-ready Minimum Viable Customer Journey that enables pet owners to get an insurance quote for their pets, cats or dogs. The happy path The shortest path the pet owner takes to buy pet insurance. has 20 steps and takes less than 5 minutes. During the journey, a customer record, a quote, a policy and a type of payment (with attached card or direct debit details) are created. For more information, see the Customer Journey documentation.

Pet Insurance Product

The solution is tailored to the retail individual customer segment and geared towards speeding up the quotation process for cats and dogs. The product offered by the Pet Insurance solution is generic pet the pet insurance business niche and can be used right away. However, certain choices that impact the management of the product, the administration of the policies incorporating it, or the premium collection need to be configured to meet your specific business needs. You must make those choices so that the product is also aligned with other Northstar Insurance Suite A list of financial transactions, issued by a bank. solutions, or just to your business needs - for example you might want to adjust only the product availability, that is the Start Date and End Date fields. For more information about adjusting the product to your needs, see the Pet Insurance Product pages.

Integrations

• Integration with Siwalu AI Engine for Pet Recognition - The Pet Insurance solution integrates with the FintechOS Siwalu Connector in order to process the pet image and get the result (breed name expected). Siwalu is an AI-based breed recognition engine - capable of identifying both pedigree and mixed breeds.

• Integration with Computer Vision Processor for ID scan - The Computer Vision automation processor allows you to automatically populate FintechOS entity records with text extracted from document scans or photos. The Pet Insurance solution can validate the ID scan of the pet owner, thus cutting the time spent by the insurers on authenticating their potential customers.

Other features

• Common Data Model for Insurance Quote and Buy with specific details for Pet Insurance.

• Reusable Insurance Accelerator SDK.

• Interfaces.

• Stylesheets specific for Pet Digital Journey.

• Form Driven Flows specific for Pet Insurance Quote and Buy.

• Client script libraries specific for UI actions in journey.

• Pet SDK - reusable components specific for Pet Journey.

• Integration with Core Policy Admin module for generating Policies.

• Parametrization using processor settings for Policy API Structure.

• Generation of digital documents reports for Pet Certificate.