STARTUP OVERVIEW
Democrance’s platform enables insurance companies to increase sales, drive retention and cross-sell, and unlock new segments through leading-edge digital and data-enabled technologies, plugged into the wider insurance and partner ecosystem. By automating the entire value chain of insurance sales from marketing, distribution, underwriting, and policy administration to claims management, insurers can benefit from incrementally higher sales conversion and substantial cost savings while widening the reach of new and untapped markets at significantly lower unit costs.
MAJOR ACHIEVEMENTS
Working with 25+ insurance companies across 16 countries in the Middle East, Sub-Saharan Africa, South-East Asia and Latin America. Team of 32 from 20 nationalities working across 7 offices around the world.
Founders
Year established:
2015
Headquarters:
UAE