InsuranceDekho, a Gurugram-based insurtech company, has introduced a new software-as-a-service (SaaS) platform named Heph. This innovative platform is designed to enhance the efficiency of insurance distribution across India by providing digital solutions tailored for insurance providers.
Comprehensive Digital Solutions
Heph aims to streamline various aspects of insurance operations through its comprehensive digital services. The platform covers everything from front-end customer interfaces to robust back-end systems. It supports a broad spectrum of insurance products, including health, life, motor, and group insurance.
Heph is integrated with 49 different insurers, making it one of the most inclusive platforms available. It supports multiple distribution channels such as assisted sales, direct-to-consumer models, and embedded insurance, ensuring versatility and adaptability for various business needs.
Versatility and Flexibility
The platform is structured around four core modules:
- Direct-to-Consumer (D2C)
- Point of Sale Persons (POSP)
- Lending
- Embedded Insurance
These modules cater to a wide range of clients including banks, non-banking financial companies (NBFCs), brokers, original equipment manufacturers (OEMs), fintech firms, and other digital players. Heph provides access to over 650 insurance products and enables businesses to co-create customized offerings with insurers, enhancing their ability to manage and optimize their insurance products effectively.
Heph also meets the stringent requirements of the Insurance Regulatory and Development Authority of India (IRDAI), ensuring regulatory compliance and security.
At Heph, we’ve developed a platform that combines technological innovation with deep insurance expertise. Our mission is to enable businesses across the financial sector to deliver seamless, efficient insurance solutions.
Ankit Agrawal, Co-founder and CEO of InsuranceDekho
Redefining Insurance Distribution
Ankit Agrawal, Co-founder and CEO of InsuranceDekho, highlighted the impact of Heph’s launch. He stated, “At Heph, we’ve developed a platform that combines technological innovation with deep insurance expertise. Our mission is to enable businesses across the financial sector to deliver seamless, efficient insurance solutions. With our advanced API integrations, bank-grade security, and customizable modules, we’re leading the digital transformation of insurance. This launch will redefine how insurance products are distributed and managed in India, driving growth for our partners and enhancing accessibility for consumers.”
Heph by InsuranceDekho is set to revolutionize the insurance distribution landscape in India with its advanced digital solutions and comprehensive features. By integrating with numerous insurers and providing customizable modules, Heph is poised to drive significant growth and efficiency in the insurance sector.
