This data analytics-driven system is a centralised automated, shared platform that offers SMEs an option to connect with all insurance-related stakeholders on one channel
Artivatic has launched a data analytics-focussed Employee & Group Health Benefit Placement System (EBHS) called ASPIRE HEALTH, designed to enable brokers, employers and carriers to better manage the entire employee benefit placement process through a centralised automated & shared system.
In India, SMEs account for approximately 30 per cent of its GDP and provide employment to over 460 million citizens, yet over 40 per cent of them have no coverage. Since one-third of them have faced events in 2020-21 that could have resulted in an insurance claim, they realise just how expensive a mistake it’s to have no insurance.
This data analytics-driven system is a centralised automated, shared platform that offers SMEs an option to connect with all insurance-related stakeholders on one channel.
Layak Singh, Co-Founder & CEO, Artivatic.AI said, “ASPIRE will also connect brokers, TPAs and insures on this shared, central system thus creating a multi-way digital platform for all stakeholders in the employee benefits programme to connect seamlessly.”