Boont opted for Insly due to its adaptability, scalability, and seamless integration capabilities.
Positioning itself as a modern digital insurance enterprise, Boont leverages cutting-edge technology and innovative features such as telematics, a secure driving application, and a rewards program to offer personalised insurance products and promote safer driving habits among its clientele. Initially focusing on motor insurance, Boont plans to expand its offerings to include household, accident, and travel insurance lines in the future.
Scheduled to commence trading in Q1 2024, Boont targets clients in the Central and Eastern European markets within the European Union. The venture is led by Zarko Fatovic, former CEO of Croatia-based ERGO Insurance, alongside co-founder Josip Maricevic, who also serves as the chief technology officer at Tolar.io.
Boont was particularly impressed by Insly’s robust backend capabilities and its ability to seamlessly integrate with the startup’s unique frontend systems, designed to enhance user experience and provide innovative functionalities such as telematics, video telematics, and personalised driving feedback to enhance road safety for customers.
Additionally, the team was drawn to Insly’s rapid product development capabilities and open APIs, which are expected to facilitate implementation and expedite the time to realise value from the partnership.
Fatovic commented: “Boont is on a mission to create the most seamless insurance experience possible for our customers. That demands not just a well-designed front-end, but also the foundations to deliver the entire insurance lifecycle, from product development right through to claims. For us, Insly is the best on the market for providing flexibility, functionality, and deep insurance expertise, and we are confident that they will be integral to our growth in the months and years ahead.”
Risto Rossar, CEO and founder of Insly commented: “Boont is transforming how insurance is sold and how customers are incentivised to manage the risks they face. Insly’s platform is the ideal solution for their growth plans; built specifically for insurance MGAs that want to put technology at the core of delivering customer value and driving growth. We are excited to see what they can achieve.”
Author: Joanna Langley
