Santander
A dedicated system for comparing motor insurance for bank customers
Who have we helped?
Santander Group maintains a presence as a major financial institution in all global financial centers as the 16th-largest banking institution in the world. Santander is the 4th largest bank in Europe with approximately $1.4 trillion in total assets under its management.
What was the project about?
Due to the increasing competitiveness of its offers in the bancassurance market, Santander wanted to develop a dedicated system for comparing motor insurance for bank customers operating as part of the customer’s online account in the bank insurance model. The bank desired to offer insurance for clients from various insurance companies cooperating with the bank.
An essential part of the solution was the quick valuation of insurance offers based on integration with insurers’ tariff engines through a unified API, which demanded a combined integration with the Eurotax vehicle valuation system.
What was the challenge?
- Enabling complex integrations with many API providers.
What have we done?
What results did we get?
Complex integrations
Enabling complex integrations with many API providers.
Customer Experience
Making the customer service offer more attractive by expanding the internet banking system.
New sales channels
Opening sales of motor insurance in new channels such as bank branches, partner outlets and call center.