InsureVite Aims To Deliver Seamless And Secure Insurance Coverage That Puts Policyholders In Control

The Benzinga Global Fintech Awards are a yearly showcase of the best and brightest in fintech. In preparation for its biggest installment yet in May 2018, we're profiling the companies competing for the BZ Awards.

Our next feature is on InsureVite.

What does your company do? What unique problem does it solve?

We are building a platform that streamlines all administrative processes in the insurance industry, returning ownership of insurance back to customers. We are transforming the way insurers engage with customers, transforming the way agents go about their administration and the way customers look at insurance.

Who are your customers?

Agents/Brokers/Intermediaries & Policyholders.

How long have you been in business?

Six months.

Where are you located?

Singapore and Mongolia.

Who is your company's leadership? What kind of experience do they have?

David Yeng - CEO. Ten years experience in Sales & Marketing. Notably helped first startup (my own language school hit 400 percent increase in revenue within one year.

Batbayar Ragchaa - CTO. Twenty-two years experience in Systems Development. Former Deputy CEO of Development Bank of Mongolia, Former IT Systems Analyst at UBS New York, former IT lecturer at National University of Mongolia.

Is there anything else Benzinga should know about your company?

We have secured 4 MOUs and validation from 100s of agents. We are also in talks with some large multinational insurers.

To check out companies like InsureVite for yourself, grab a ticket to the Benzinga Global Fintech Awards May 15-16 in New York.