Features
You can get detailed information about the advantages of using the Briisk ITP platform and its system features.
User Management
Briisk facilitates the configuration of Platform Users to Single Sign On (SSO) and Federated. LogIn to enable employees, clients and customer to access the platform and perform the functions as governed by the User permission and high levels of security.
Cost Efficiency
By optimizing traditional insurance functions, Briisk enables significant cost-saving efficiency gains, reducing operational overhead and enhancing productivity. By optimizing traditional collection & payment services functions, Briisk enables significant cost-saving efficiency gains, reducing operational overhead and enhancing productivity.
Straight-Through Processing
Briisk facilitates seamless straight-through processing of customer and user interface and back-office business interface and business processes. Briisk facilitates seamless straight-through processing, ensuring efficient handling of policy applications, underwriting, issuance, policy changes, billing (Collections & Payments), and claims. Briisk facilitates seamless straight-through processing of mandates for collections and payments.
Product Builder
The flexible Product Builder allows simple and rapid configuration of any insurance product from any insurer. You can configure your existing insurance products or any innovative new insurance product without having to spend vast budgets on software development.
Pre-configured Insurance Products
On the Briisk ITP, we make pre-configured, generalised insurance products available. Currently, there are 20+ medical, short- and long-term insurance products ready to use. Briisk’s rating and rules engine can tweak these products to your specific requirements.
Innovation and Speed to Market
Briisk supports the rapid creation and deployment of new insurance products, enabling insurers to respond swiftly to market demands and opportunities. Briisk supports the rapid creation and deployment of new payment methods and payment integrations with Bank, Non-Bank Payment Services or Third Party Payment Providers. Briisk provides configurable functionality to reduce development operational costs.
Testimonials
The Briisk platform allowed Kotak Life Insurance to take its sachet-size life covers into the rural heartlands of India, quickly and effectively.The simple UI ensured that even first-time users did not find much of a hassle to complete the online journey conveniently. The platform is scalable and can accommodate multiple partners and products. Many of the features can be parameterised, which makes customisation super easy. And complementing the brilliant platform is a team that is prompt, responsive, understands the business side and adds value in the solutioning part as well. It is a pleasure to have Briisk as our InsurTech partner.”
Dibyendu Nandi
Kotak Life
In today’s digital world, products and services need to meet the customer’s demand.We spoke to the market and developed a unique insurance product that speaks directly to the customer’s needs. With this novel funeral product, the customer selects their age, sex and the cover amount for either an individual or the whole family – up to 25 people. Including the whole family bloodline replaces the traditional way insurers look at family; of what family is and what extended family is.
Henk Roos
TPI
97% of all payments in Africa are still in cash, but insurers are not geared for cash collections. Additionally, lower-tier market segments prevalent in emerging countries only have low and potentially inconsistent cash availability. Therefore, we developed a pay-as-you-go micro-insurance and micro-finance solution that is sold via a digitised face-to-face agent channel for airtime and electricity. Briisk provided us with the digital insurance solution to integrate with our agent channel at the point of sale. Our agents are in full swing now and we are seeing significant conversion for this innovative, digital life insurance solution.
Mark Parker
Upendo
Briisk is our instant transaction platform provider for our digital insurance distribution strategies. We have seen the success of quote and buy functionality at Surestart and are now working with Briisk to convert our comparison engine to a quote & buy solution. Once completed, this will allow us to move the functionality of our comparison website from quote & compare to full quote & buy. Enabling us to automate the entire sales process for our clients, ensuring immediate delivery of policy documents, automated renewal contact, removes the necessity of our clients having to deal directly with call centres. Briisk’s platform also allows third party integrations into our CRM system, which is vital to support up- and cross-selling of our clients. We value our partnership with Briisk and they are an integral partner in helping identify new distribution channels.
Travys Wilkins
CompareGuru
Briisk offers us an effortless and seamless way of digitising our products and creating another distribution channel.
Wendy Bussey
Turnberry