Insurance add-ons elevate core products and add value to the supply chain.
We unpack traditional insurance products and reimagine them into seamless embedded solutions that can be integrated into a core software product or service.
Our tailor-made insurance add-ons deliver value to all parties of the supply chain, enriching the core products of our software partners and enhancing the overall customer experience.
Embedded insurance is seen as a disruptor in the insurance industry with nearly $1.6 Trillion or 16% of total global insurance potentially accounted for through an embedded solution over the next decade.
Figures of this magnitude have captured the attention of global insurance carriers and equity funding entities. In 2021 alone, over $15 billion of equity funding was infused into the insurtech sector. The result is massive insurance carriers attempting to pivot and transform into nimble tech companies, despite being entrenched in legacy practices. Conversely, tech-first firms are entering the space with limited insurance knowledge.
Shield Knot is different. We, as insurance industry executives and owners, bring over a decade of experience in our respective disciplines. Our journey involves living and breathing embedded insurance, guiding carriers through their inaugural embedded solutions, and producing more policies annually than any other agency for a top 10 global insurance company. Our track record includes collaboration with global Top 100 conglomerates and various publicly traded companies. This experience allows us to deliver a value proposition that extends across all segments of our partners supply chain.
Partnerships mean everything to us, as we exclusively distribute insurance through integrated collaborations. We fully comprehend our position and role within a partnership, which is to serve as the secondary opt-in product, enhancing our partner’s primary product or service. We highly value our partnerships in every sense of the word, and as a Shield Knot partner, we are confident that this will translate into a tangible and positive experience.
Insurance add-ons elevate core products and add value to the supply chain.
Our product and technical experience is unmatched in this industry.
Recurring passive income that moves the needles and drops straight to the bottom line.
We don’t simply pick existing insurance products and try and sell them indiscriminately. Instead, we assess our partners’ needs and customize a solution that aligns with their product or service and the requirements of their users.
This often involves reimagining a traditional product into an embedded solution or, in some cases, developing a new-to-market product in collaboration with our carrier partners.
