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May 1, 2024

Beakwise Insurembed: Your One-Stop-Shop for Skyrocketing Sales with Bankassurance & Embedded Insurance

The buzz around embedded insurance and bankassurance isn't just hype. It's a revolution transforming how insurance products are bought and sold.

The Bankassurance Boom

Take DBS Bank in Singapore. They've seen explosive growth in their bancassurance business since partnering with Manulife in 2016. Their digital platform now offers a full suite of insurance products, leading to a 30% surge in new business revenue within the first year alone.

Or look at CaixaBank in Spain. With their embedded insurance strategy, they've not only increased customer acquisition but also boosted customer loyalty, with over 70% of insurance policies now sold through digital channels within just a few years of launch.

Embedded Insurance: The Next Frontier

But it's not just traditional banks. E-commerce giants and innovative fintechs are also making waves with embedded insurance.

  • In 2021, Amazon partnered with Acko in India to offer seamless device protection plans directly at checkout. The result? A whopping 60% increase in device insurance sales during major promotional periods.
  • Grab, Southeast Asia's ride-hailing and delivery super-app, now offers microinsurance products tailored to their driver base. This move not only provides a valuable safety net but helps attract and retain drivers in a competitive market.

Why the Explosion?

  • Customer demand: People want convenience. Buying insurance where they already shop, bank, or get services is a no-brainer.
  • Data power: Companies with rich customer data can tailor offerings and personalize experiences like never before.
  • Tech maturity: Cloud-based solutions and robust APIs finally make these integrations possible...if you have the right partner.

Introducing: Beakwise Insurembed

We're not just techies; we're finance and insurance geeks obsessed with making complex things simple. We've built the gateway that solves the tech headaches and unlocks the true potential of embedded insurance and bankassurance.

  • Pre-built Integrations: We've wrestled with those clunky APIs for you - top insurers are already on board.
  • Analytics Dashboards: Not just data, but actionable insights at your fingertips (and your insurance partners too!)
  • Automated Reconciliation: Because, honestly, NO ONE has time to chase spreadsheets.
  • State-of-the-Art Tech: Our gateway talks the language of today's (and tomorrow's) digital ecosystems.

Why Beakwise?

  1. Unmatched Expertise: We understand the complexities of banking, insurance, and the technology that drives them.
  2. Proven Success: We have a track record of delivering large-scale digital transformations in global finance.

The Time is NOW

  • Market Growth: The global embedded insurance market is projected to reach $722 billion by 2030, showcasing its massive potential. [Source: Deloitte Insights 2024 Global Insurance Outlook]
  • Competitive Edge: Companies that embrace bankassurance and embedded insurance now will have a distinct advantage in capturing this rapidly growing market.

Don't let "legacy" be your excuse. Beakwise Insurembed is ready to help you become a leader in this exciting space.

Let's Talk

DM us, drop a comment, reach us at or visit We'll transform your customer experience (and your profits).

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