European Insurtech TONI Digital Launches Insurance-As-A-Service Platform on Socotra’s Cloud-Native Core
European insurtech provider
TONI Digitalrecently announced it has teamed up with cloud-native insurance core platform Socotra to launch its new insurance-as-a-service technology platform for the white-label insurance market. According to TONI Digital, the solution enables large corporations to quickly enter the insurance market, generate revenue, and use existing brand and customer bases.
“Built on Socotra’s agile core platform, TONI Digital’s new proprietary insurtech service will be able to automate all aspects of the insurance life-cycle. It will offer highly competitive insurance premiums and integrate with established risk carriers. Insurers will be able to provide customers with user-friendly, fully-digital experiences and transparent, affordable insurance products. The service is launching with personal auto insurance and will continue to expand into other li