Services

Underwriting as a Service (“UaaS”)

What is UaaS?

Through Underwriting as a Service (“UaaS”), we are offering the benefits of leading product expertise, an end to end data & technology platform, as well as partnership distribution to better manage and develop global SME portfolios, with the capability to expand to other product lines over time.

The ~$300bn global SME insurance market is being increasingly digitalised and insurers seek to outsource the management of their SME / non-core portfolios as a result of their legacy technologies and a lack of SME specialty underwriting expertise. UaaS is a highly scalable fee-based service provided by Fusion in partnership with the io.insure and POPai platforms.

Benefits of UaaS

A unique service for Insurers seeking to:

Improve underwriting performance

Build an SME portfolio and access new distribution channels

Save costs

Increase profitability

Better allocate capital

Focus on core products / positioning

Enter new specialty products/ segments

Access online – distribution, efficient servicing and data intelligence

The UaaS Solution

Insurers outsource the management and development of SME, non-core or new specialty products, to our market leading UaaS Platform that incorporates:

Fusion SME & specialty underwriting expertise

Fusion global MGA infrastructure

io.insure and POPai Data and Technology platforms

The Partnership Opportunity

A UaaS partnership with Insurers for the underwriting, distribution and servicing of SME – Specialty and M&A insurance products:

We agree the scope based on a suite of services that are tailored to Insurers’ needs

The Insurer delegates the management of existing and or new specialty portfolios to Fusion UaaS, which deploys its underwriting expertise, infrastructure io.insure UaaS and POPai UaaS technologies and services on behalf of the Insurer

Existing portfolio can be migrated using APIs

POPai UaaS delivers ongoing data intelligence

Multi-channel partnership distribution to build a new business portolio