Drive Remarkable Sales Growth with an Exclusive Portal for Bancassurance
AVO Banca, is a fully featured and responsive digital sales and distribution solution that provides end-to-end support for bancassurance.
It empowers banks to integrate with multiple insurance companies, from different lines of businesses (P&C, Life and Health), and compare and sell their insurance products, thus providing a wide product range for their end-customers.
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, 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.
Core Building Blocks – A Modular Approach
Learn more about AVO Banca’s core functional blocks in a modular setup
User & Hierarchy Management
Manage users of the application with hierarchy mapping
Customer Profile Management
Capture customer details and map issued quotes
Master Data Management
Map Master data to Insurance Companies Masters
Quote Management & Comparison
Generate multiple quotes from insurance companies and provide comparison options to customer
Real time issuance of policies with policy schedule