CarTrade Tech, a multi-channel on-line auto platform, has introduced a strategic partnership with CoverStack Technologies, a digital ‘Insurance Infrastructure as a Service’ platform.
Through this partnership, CoverStack Technologies will be capable of provide digital insurance companies on CarTrade Tech’s dealer-oriented platforms. This will assist sellers to make sure their stock seamlessly whereas they deal with their core i.e. promoting autos.
The course of of buying or renewing a motor insurance coverage is handbook and time-consuming for the vast majority of the gamers within the on-line automobile business. Aiming to eradicate the paperwork problem of acquiring insurance, this partnership goals to smoothen the insurance shopping for expertise.
“CarTrade Tech has been an able partner to a large number of a new car, used car, and bike dealers in the country. The tech solution also helps the dealers to help enhance customer experience by digitally managing their claims,” stated Banwari Lal Sharma, CEO – Consumer Business, CarTrade Tech.
CoverStack Technologies developed a plug-and-play mannequin, which offers technological options and insurance infrastructure to Banking, Financial Services, and Insurance gamers.
By partnering with CarTrade Tech, CoverStack Technologies will prolong its insurance-providing technology and allow a one-stop store for motor insurance for CarTrade Tech Dealers.
Sanjib Jha, CEO, CoverStack Technologies stated, ‘‘The finish recreation is to strengthen the InsurTech panorama by revolutionary technological development resulting in monetary inclusion and better entry to insurance throughout India.”
CoverStack Technologies has partnerships with over 22 gamers throughout the BFSI, FinTech, NBFC and MFI sectors. Just a few of its partners are ICICI Securities, Google Pay, Spinny, Arohan Financial Services and Satin Credit Care Network, the place CoverStack Technologies is enabling its digital clients to obtain seamless, consumer-friendly insurance options.
