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Inzsure has been recognized by APAC CIOOutlook Magazine as the recipient of “Top Insurance Tech Consulting Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Steve Tunstall.

Inzsure
Smart Business Insurance for Small-Medium Enterprises

Inzsure

Steve Tunstall, CEO, InzsureSteve Tunstall, CEO
Owning and managing an SME is loaded with risks. To cover the risks, SMEs opt for insurance. However, companies find it challenging to buy corporate insurance as per their needs. Endless forms, lengthy questionnaires, lack of transparency, and unprofessional sales process makes SMEs lose trust in the whole process. Solving the insurance predicament, Inzsure, a leading InsurTech firm, acts as a digital insurance partner for small and medium enterprises. Inzsure selects the best insurance policies from the world’s most quality insurers after running the patented, data-driven, policy matching engine based on the customers’ needs. As a result, the policy is issued in minutes. Along with the right policy, Inzsure takes a step further and reduces the commission to the lowest levels available in the market. From procurement to claims and renewals, Inzsure supports the entire insurance cycle on a single platform.

Working with Inzsure means their customers have an option to access quality policy at their disposal. The company’s intelligent automation and matching engine not only saves valuable time but fetches the lowest market rate for the policies the client chooses. By taking the human emotional element out of the selection process, the Inzsure makes sure that the policy selected by the customer reaps maximum ROI.

Our mission is to bring trust, governance, and clarity to SME insurance


More so, the transactions are fast and protected by technology. The company does not hold the payment with them as the transaction is directly done from the customers’ card or account. Before buying the insurance, the customers can check the amount of commission they are paying to the insurer, providing transparency in the form of flat percentage rates and no hidden kickbacks. “Our mission is to bring trust, governance, and clarity to SME insurance,” says Steve Tunstall, CEO of Inzsure.

The advisory team of the company consists of CEOs, managing directors, and presiding officers of several esteemed organizations. The inputs from these experts propel the company forward and assist them in understanding market trends and act accordingly. On top of that, the core team of the company has more than 30 years of experience combined, making them leaders in the InsurTech landscape. By taking the Silicon Valley approach to this space, the company believes that they can change the way corporate managers think about insurance permanently by developing groundbreaking solutions. “With InsurTech, the commoditization of consumer insurance products will be drastic as every player will be on aggregator sites, and their pricing will no longer be a secret. Thus, service will become the main differentiator for insurers,” says Robin Lee, Chief Experience Officer of Inzsure. “Consumers are looking for more customizable products, so innovative products may be developed to meet their needs,” adds Lee.

Inzsure understands that a customer-facing platform is not optional in the modern insurance world. Therefore, the company follows a process that provides a seamless customer experience as the platform can be accessed from a smartphone or a browser. Enlightening their customers, Inzsure publishes blogs on several publishing platforms explaining the importance of insurance for SMEs. To provide simple and affordable insurance solutions for even the smallest businesses, the company organizes events. Headquartered in Singapore, Inzsure will be expanding their global footprint by launching in Malaysia soon.
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Company
Inzsure

Headquarters
singapore

Management
Steve Tunstall, CEO

Description
Inzure is a pioneer in SME solutions using technology, which is Built by business customers for business customers. The company’s objective is to give the customer direct, transparent access by simplifying the onboarding process. Inzure’s patented matching engine means will provide the right policies for the client’s company while reducing commissions to almost the lowest levels available in the market, guaranteed. Inzsure is the digital partner throughout the insurance cycle starting from procurement up to claims and renewals. Everything can be managed via the platform, and the comapny has an unbeatable claims advocacy solution

2019

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