SafeSide Life AG is a Swiss insurtech company that provides a transparent and fully-digital approach to life insurance.
SafeSide´s mission was to create a straightforward digital alternative to the traditionally opaque, paper-driven insurance purchase path. SafeSide intended to offer a technologically advanced platform that would enable users to apply for insurance policies online – fast and transparent – in an entirely paperless manner.
SafeSide contacted ELEKS with a partially ready MVP concept. It needed an experienced software development vendor to lead it through development and product launch.
The ELEKS team joined the project on a fixed-price basis, to help finalise development of the SafeSide platform. We started with a three-day product design workshop, during which our business analysis, engineering and design experts helped SafeSide refine the product’s functionality and development strategy.
In doing so, we helped the client create a technology solution that is completely unique to the life insurance market. The tool fully digitises the underwriting process, calculates the individual coverage in under 3 minutes, and results in a paperless application and provisional coverage.
The SafeSide platform handles the entire process – from selecting coverage to generating the policy application – with an easy-to-use and intuitive policy builder tool and a complex calculating module to handle all calculations.
With our vast domain knowledge and budgeting experience, SafeSide was able to deliver the product to market quickly and at a predictable, fixed cost.
When additional specialist resource was needed, ELEKS’ existing talent pool meant expert technical roles could be rapidly filled – once negotiations with the SafeSide’s partner insurer were finalised.
Following development, SafeSide hired a flexible ELEKS support team equipped with the product knowledge to quickly and efficiently address any sticking points – however small or complex – to guarantee seamless product delivery.
The breadth of knowledge and understanding that ELEKS has within its walls allows us to leverage that expertise to make superior deliverables for our customers. When you work with ELEKS, you are working with the top 1% of the aptitude and engineering excellence of the whole country.