Through Underwriting as a Service (“UaaS”), we are offering the benefits of leading product expertise, an end to end data & technology platform, as well as partnership distribution to better manage and develop global SME portfolios, with the capability to expand to other product lines over time.
The ~$300bn global SME insurance market is being increasingly digitalised and insurers seek to outsource the management of their SME / non-core portfolios as a result of their legacy technologies and a lack of SME specialty underwriting expertise. UaaS is a highly scalable fee-based service provided by Fusion in partnership with the io.insure and POPai platforms.
Fusion is a team of experts with a global licensed insurance agency infrastructure, underwriting on behalf of market leading insurers. It builds specialist insurance products, assesses and prices risk and delivers bespoke insurance products and solutions. Fusion is a principal global partner on ioMarketplace, leveraging io.insure’s InsurTech and data intelligence capabilities, while supplying quality paper and capacity, and innovative products for distribution on io.insure.