For retailers
How innovations in insurance affect sales growth in retail
How was it before?
- Long existence
Insurance products are represented in retail chains for more than 15 years - Lack of opportunities
Insurance coverage is severely limited by the list of risks - Various insurance schemes
Insurance is provided through credit programs and in a voluntary and compulsory form - Long waiting
Extremely long procedure for obtaining insurance compensation
What goals did our company want to achieve?
- Provide an insurance product as a service
- Reduce the speed of insurance processing to 1 minute
- Increase sales
- Increase the level of end customer loyalty to the retail network – NPS Index!
- Reduce payout time to 15 minutes
What we have achieved
- Comprehensive insurance
We have created a comprehensive insurance product based on the “All-inclusive” principle - Express payments
Introduced the function “Express insurance payments within 15 minutes” - Increased sales
Increased repeat sales immediately at the checkout after receiving the payment - Fast compensation
Received insurance compensation “Without leaving the cash desk” - INRISK platform
We have launched a platform that performs the entire insurance and payment process