AVO Banca, is a fully featured and responsive bancassurance portal that provides end-to-end support for bancassurance.
It empowers banks to integrate with multiple insurance companies, from different lines of businesses (Property and Casualty, Life and Health).
Bancassurance is one of the most popular distribution channels for insurance companies. Banks help insurance companies in extending the reach of insurance products to their existing customer base as well as potential ones.
AVO Banca, a bancassurance portal, is exclusively designed to enhance operational transparency between insurance companies and banks and helps tap this opportunity with digitized processes.
AVO Banca also facilitates online purchase of policies and servicing of the policies bought with real time interactions between banks and insurance companies.
Explore the distinctive features of AVO Banca – a versatile bancassurance portal, that provides insurance companies and banks with an easy and convenient way to achieve business objectives
Integration with Multiple Insurance Companies
Enable comparison of quotes, saving and retrieval quotes. Multiple quotes can be generated from different insurance companies.
Multiple Product Comparisons
Intelligent comparison of multiple products from different insurance companies. Deliver the best quotes and issue suitable policies
Multiple Payment Modes
Enablement of payment via payment gateway of the selected insurance company. Convenient bank specific payment methods such as direct debit from customer’s account.
Learn more about AVO Banca’s core functional blocks in a modular setup
Manage users of the application with hierarchy mapping
Capture customer details and map issued quotes
Map Master data to Insurance Companies Masters
Generate multiple quotes from insurance companies and provide comparison options to customer
Real time issuance of policies with policy schedule
Initiate email/SMS notifications
Payment gateways, email/SMS gateway, Insurance companies
AVO Banca comes with a host of benefits, designed to meet your business objectives
Tap potential opportunities that fits customer requirements with historical data of customer preferences
Enhanced operational efficiency across the bancassurance lifecycle helps in increased sales growth
Instant communication between banks and insurance companies leads to straight through processing and reduced turnaround times
Introduce and offer new products with ease, expand your customer base and create new markets
Instantly generate quotes and issue policies. Reduce load on your core insurance system
Delight your customers by providing quicker turnaround times for policy issuance, renewals, endorsements
Allows insurance companies to configure different privileges for pricing, underwriting and operations to
different intermediaries
Take complete control over your distribution network with configurable levels of pricing and underwriting
privileges
Manage complex commission structures and make payments online
Help the environment by enabling end-to-end paperless process for policy issuance
Interested to learn more about
the Bancassurance Portal?
Join the conversation with us.
Follow us on LinkedIn.
Compare quotes from different insurance companies and seamlessly manage end-to-end interactions.
Enable P&C insurance intermediaries to manage and digitize the sales and underwriting lifecycle efficiently.
Request Demo
x