FintechOS partners with Admiral pet insurance product

FintechOS has partnered with Admiral to power its digital pet insurance products via the FintechOS platform

FintechOS has partnered with UK insurance leader, Admiral, to power its new, digital pet insurance product. FintechOS is a leader in high-productivity fintech infrastructure (HPFI), and its composable core blocks, low code/no code ability, cloud-native architecture, and pet insurance Accelerator - has enabled Admiral to launch the new product quickly. 

FintechOS says its platform offers numerous advantages over other technologies. These include speed-to-market with its composable core blocks, low-code/no-code ability, cloud-native architecture, anytime updates, data-driven personalisation and ecosystem integrations. The company also helps businesses across any domain rapidly launch and manage the next generation of products and services across lending, savings, insurance, investment, and embedded finance. 

UK-based Admiral is also known as an insurance provider that specialising in car insurance. Currently, a market leader in innovation, being first-to-market with the revolutionary Multi Cover, and Multi Car packages, the digital pet insurance product is a new departure. 

According to reports, Admiral began working with FintechOS in January 2022, with its target to go-live in the second half of 2022. Describing the advantages of having partnered with FintechOS, Pritpal Powar, Admiral’s Head of Pet, explained, "Our focus at Admiral is on providing high-quality, high-value products and services to our customers. With the FintechOS platform, we were able to meet our aggressive launch deadline, while also delivering an innovative digital pet insurance solution.”  

Admiral adds to FintechOS ecosystem portfolio

Currently, the FintechOS portfolio ranges from global strategic companies like Groupe Société Générale, Vienna Insurance Group, or Raiffeisen Bank to game-changing players, such as Oney, eMag, and Howden. The company also employs more than 500 people in its offices in London, New York, Amsterdam, and Bucharest. 

Teo Blidarus, CEO and co-founder, FintechOS, said the core purpose of FintechOS was to, “enable businesses with a truly customer-centric, data-driven approach to financial products and services. “ He added, "Admiral’s innovation and customer-centricity are impressive. We're proud to be powering their digital pet insurance product.”


Featured Articles

Insurtech unicorn bolttech takes on extra $50m in funding

Insurtech unicorn bolttech has taken on an extra US$50m in funding from Leapfrog Investments as part of the insurtech's Series B extension

Allianz wants to 'lead by example' with new net-zero targets

Allianz has said it wants to "lead by example" after announcing ambitious new targets to make its investment and underwriting portfolios net zero

Insurtech pricing solution Akur8 seals $25m in fresh funding

Akur8, whose insurtech solution is used by actuaries to build pricing models across all insurance lines, has received backing from Guidewire and FinTLV

Beazley launches tornado parametric insurance using NWS data


Alex Dalyac: Founding AI-based insurtech Tractable

Technology & AI

Saudi Arabia: 'solid' framework to guide insurtech sector