Tue, Oct 15 2024
Through a new cooperation, Kayna, an award-winning integrated insurance infrastructure platform, will optimize AEGIS London's online quote and bind platform.
According to FF News, the partnership will strengthen the Opal Underwriting platform, which will now be able to provide data-driven insurance coverages to borrowers through surplus lines brokers during commercial loan transactions.
With its embedded insurance infrastructure, Kayna helps vertical SaaS providers boost their top line by connecting with their platforms and using unique data to deliver targeted insurance alternatives.
This partnership with AEGIS London creates new opportunities for client-specific commercial property insurance solutions by leveraging loan platform data to produce choices for coverage via licensed surplus lines brokers.
"We are happy to be collaborating with AEGIS London — managing agent of a top quartile syndicate at Lloyd's, both by size and performance,” stated Paul Prendergast, CEO of Kanya. Their specialized industry knowledge along with our data and technology capabilities at Kayna have shown a potentially lucrative embedded insurance market for commercial lending platforms. Adoption within the workflow of the loan process might speed up the processing of loans and enhance the experience of applicants. The enormous potential for this novel approach in the US excites me.
With this strategic alliance, Kayna and AEGIS London are taking a big step ahead in providing enterprises involved in commercial loan transactions with comprehensive and customized insurance solutions.
The partnership, which benefits both borrowers and businesses alike, aims to transform the commercial insurance market as both organizations remain dedicated to innovation and quality.
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