Digital Tech provides a unified interface: a seamlessly integrated user experience which will provide all the IOT services for the different business lines in one unique container app. Digital Tech provide a plug & play white-label solution without a set-up cost and with just a few weeks required for go to market that can integrate any already existing solution fast and at low cost.
- Award category: The Digital Insurer Start Up InsurTech Asia Award
- Company name: Digital Tech Srl
We are the B2B2C technology partner for the insurance carriers
DigitalTech International was founded to leverage on the experience of the Italian innovative telematics cluster and design a new generation of disruptive digital solutions. Founded by Andrea Silvello, 15 years of experience in strategy consulting, including Bain & Co. and BCG and Luciano Pezzotta, Lead Consultant of Blue Ocean Strategy in the Asia-Pacific. Incubated by Business Support SpA, a high-growth European “boutique” strategy consulting and financial advisory firm and ECSI Consulting a global innovation consultancy.
We are the first connected insurance service provider for the insurance carriers at a global level on all the personal lines (car, home, health and life). Our solution is a plug & play SaaS which enables Insurers to manage the insurance IoT value chain from data gathering to service delivery with a smartphone-based cross-business line customer-centric solution. Such solution relies on an ecosystem of partners that are connected to the different lines of the “Connected Insurance”.
Our solution transforms old insurance institutions in insurtech players
The creation of an efficient insurance IoT use-case requires a great suite of services and our platform is able to orchestrate different modules and all the ecosystem of partners required by each insurer.
Current user experiences are fragmented, whereas we provide a unified interface: a seamlessly integrated user experience which will provide all the IOT services for the different business lines in one unique container app.
Data sources are fragmented, IoT projects are expensive and lengthy, we provide a plug & play white-label solution without a set-up cost and with just a few weeks required for go to market that can integrate any already existing solution fast and at low cost.
Insurance IoT project experimentation is affected by fixed cost and is characterized by uncertain adoption rate: we provide a SaaS with a fee (%) from the cost of the insurance policy for activated clients.
Moreover our solution offers a direct communication channel with the customers and it allows cross and up-selling.
We’ve got a deep understanding of insurer’s needs and broad relations with many insurance executives: during the last 12 months we’ve held several meetings with insurance companies in Europe and Asia – where Digital Tech has one of its offices; we are members of the Connected Insurance Observatory where we had the chance to exchange ideas with more than more than 30 international insurance groups.
Our revenue model
- Modular pricing based on the module chosen by each insurance carrier
- Yearly fees (% of the insurance premium) charged for any activated customer