Turtlefin partners with Compass Brokers to enhance its distribution capabilities

Turtlefin, the insurtech platform has announced its partnership with Compass Insurance Brokers, one of the financial solution providers in the UAE, to create a unified and seamless platform to enhance their distribution capabilities in UAE markets.

Through this partnership, Turtlefin will enable Compass’s distribution teams to access the required information and customise proposals for clients.

Turtlefin will provide access to its solutions to become more efficient and provide cost-effective solutions. This will help in reducing proposal creation time by more than 50 per cent and increase the sales efficiency by 30 per cent along with better customer experience.

It will also enable Compass’s vast distribution network to access all retail insurance products on its platform.

Additionally, Turtlefin is also looking at providing its capability of digital prospecting and e-skilling to support its network of advisors.

“With our commitment to improve the distribution network and the insurance ecosystem, we are confident that our capabilities and interesting growth trajectory will further enable a future that will be beneficial for the entire community,” said Amreesh Kher, chief partnership distribution officer, Turtlefin.

Meanwhile, Navin Nihalani, CEO of Compass Insurance Brokers added: “We at Compass always believe in a tech first approach going along the UAE vision of creating paperless digital environment. With the right combination of expertise from Turtlefin and our existing module, we want to strengthen our position as the pioneers of a common API framework in the UAE. We look forward to working with Turtlefin to take advantage of the opportunities our new strategic partnership will offer.”

Read: Turtlefin partners with The Continental Group in the UAE to offer insurance solutions