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.”