How INSTANDA’s No-Code Technology Transforms the Industry
INSTANDA was born from a frustration with legacy technology systems that were holding back insurance productivity. The founders, with years of experience at major insurance businesses, set out to build a better solution. INSTANDA’s no-code technology allows digital products to be built without software development, enabling even non-technical people to use and configure software. This creates citizen developers and allows insurance carriers, MGAs, and others to innovate and grow their businesses.
A Proven Track Record
Since its founding in 2012, INSTANDA has established itself as a leading insurance technology provider. By 2016, it was named a Top 50 InsurTech company, and it set up its first North American office in 2019. The company continues to grow globally, partnering with carriers and MGAs around the world.
“Unlike many insurtechs, INSTANDA’s leadership are insurance industry veterans. They understand the problems from the inside out, not from the technology in,” said the INSTANDA team.
Transforming the Insurance Process
One of the key features of INSTANDA is its ability to streamline the insurance process. For instance, Phoenix-based Universal Insurance Programs (UIP) recently introduced an enhanced ratings system and online quoting, powered by INSTANDA, for its tanning salons, salons, and day spa program. This new digital platform will also simplify access to quotes, financing, invoicing, and other policy documents.
Jenny Bortman, president of UIP, explained, “With INSTANDA’s no-code platform, we’ve streamlined our operations and provided our team members with more autonomy. The end goal is to give them ‘peace of mind – made easy.'”
Empowering Non-Technical Users
INSTANDA’s no-code technology empowers non-technical users, transforming them into citizen developers. This means that people without a background in software development can still build and configure digital products. This approach opens up opportunities for innovation within the insurance industry, allowing companies to adapt quickly to changing needs.
“INSTANDA is built on no-code technology, which enables the building of digital products without software development. This allows even non-technical people to use and configure software,” the INSTANDA team shared.
Supporting Client Success
UIP writes products nationwide within its niche of insuring tanning salons, salons, day spas, and self-storage facilities. The partnership with INSTANDA has helped UIP go live with the new digital platform on schedule and under budget. UIP hopes to integrate multiple third-party systems and expand the platform to its self-storage facilities program in the next phase.
Tim Hardcastle, CEO and co-founder of INSTANDA, said, “Universal Insurance Programs is committed to the customer experience, streamlined operations, and speed to market. INSTANDA’s no-code digital platform and insurance domain expertise will help them continue to provide the superior products and service they are known for with an eye toward the future.”
INSTANDA is making a significant impact in the insurance industry with its no-code technology. By empowering non-technical users and streamlining processes, INSTANDA is helping insurance companies innovate and grow. The partnership with Universal Insurance Programs is just one example of how INSTANDA’s technology is transforming the industry, providing superior service and peace of mind to clients.
