YES BANK partners with Turtlefin to launch ‘EasyNsure’

Mumbai, November 29th , 2022: TurtleFin, India’s leading insurtech platform, has partnered with YES BANK, to create a comprehensive technology platform – EasyNsure. Turtlefin’s distinctive API will power the platform to offer a bouquet of holistic insurance solutions on a single platform, at the click of a button.

EasyNsure, is a first-of-its-kind proposition for Yes Bank that will bring multiple insurance partners onto a common platform, providing a host of benefits such as – a seamless single point online insurance service, ability to compare and select a suitable insurance cover basis the customer’s need, as well as a facility to compare costs for rationalizing purchase decisions, among others. Turtlefin’s unique and customized technology solutions will enable the platform to offer seamless customer experience to its clientele.

The EasyNsure platform is already live with over 40 Life and General Insurance plans being readily available for consideration. So far, the platform has created over 30,000 insurance quotes with more than 6,500 proposals and 5,200 policies being punched. This has helped the platform recorded a total premium of INR 6,050 lakh.

Commenting on the partnership, Mr. Sanjiv Roy, Country Head – Fee Income, YES BANK, said, “We, at YES BANK are constantly exploring innovative ways to simplify the customer’s journey across products and services. Digitalization has played a key role in our endeavour to achieve this feat. In keeping with this thought, we are happy to have partnered with TurtleFin to launch EasyNsure that aims to offer our customers with a bouquet of holistic insurance solutions on a single platform, at the click of a button. We strongly believe, this partnership will further strengthen YES BANK’s presence within the insurance domain as customers will have the absolute right to choose from all the available options, basis their requirement and financial comfort. We will continue to co-create more such propositions that provide customers with an inclusive e-banking experience.”

Speaking on the occasion, Mr. Amreesh Kher, Chief Partnership Distribution Officer, Turtlefin said, “Bancassurance landscape has been evolving over time, and with the new set of challenges, newer solutions are required for banks to enhance their distribution processes. Turtlefin provides a disruptive solution by digitising and simplifying their entire insurance distribution value chain and ensuring that our cutting-edge technology acts as a bridge between the insurer and the bank. With this alliance, our objective is to expand our reach and be the choice of insurtech platform for the bancassurance businesses, and fulfill their evolving needs. We are creating a system for YES BANK that will be channel agnostic, and any business vertical will be able to access it conveniently and offer all the products to its customers hassle free. Turtlefin will be the one-point contact for all future integrations and tech requirements with the insurer on behalf of YES BANK”.

This robust technology platform will also allow business tracking across Bank hierarchy, simplifying revenue reconciliation. It will enhance in tracking the productivity of RMs on quotes created versus actual conversion of leads.

Most Popular

More from Author

Read Now

Gamoski Networks Unveils Natural8 India with Five Freeroll Tournaments and an INR 28.44 Lakh Prize Pool

- Spearheaded by Kunal Patni and World Series of Poker (WSOP) Bracelet winner Nikita Luther, the platform introduces the internationally acclaimed Natural8 brand to India, with the aim of providing top-tier online poker experiences. Gamoski Networks has made a significant entrance into the Indian iGaming landscape with the...

Boon Collaborates with Niti Aayog to Revolutionize Water Resource Management

AatmaNirbhar Bharat: Boon's Partnership with Niti Aayog for Water Innovation

G20 Sidelines: Saudi Arabia displays Vision 2030, hosts ‘Media Oasis’ in Delhi

Discover how Saudi Arabia is showcasing Vision 2030 on the G20 stage. Join us at 'Media Oasis' in Delhi.

Celebrating World EV Day: Insights from Visionary Entrepreneurs

World EV Day, observed annually on September 9th, is a global celebration that highlights the significance of sustainable electromobility and recognizes the growing community of electric vehicle (EV) enthusiasts and owners worldwide. This day serves as a reminder of the pivotal role electric vehicles play in reducing...

Startup Odisha’s Yatra and Xpress 2023: Shaping the State’s Startup Ecosystem

Igniting Entrepreneurship: Startup Odisha's 2023 Initiatives Transforming the Landscape.

NAREDCO Maharashtra Unveils India’s First RealTech Fund at The Real Estate Forum 2023

RealTech Fund Inauguration at The Real Estate Forum 2023 by NAREDCO Maharashtra

How this Pune-based Startup is Transforming Healthcare Delivery

From Pune to the World: A Startup's Impactful Journey in Healthcare Transformation.

Zebronics Redefines Home Audio with ZEB-Juke Bar 1000 and Dolby Atmos

Zebronics presents the ZEB-Juke Bar 1000 with Dolby Atmos, a compact soundbar with a powerful punch.

Edtech Startup Codevidhya Raises Undisclosed Amount from Investors

New Delhi, Delhi, India | 29th August 2023: Founded by Shiv Ram, Codevidhya in July 2023 raised undisclosed sum  of funding from HNI Investors and existing investors to empower and upskill students across ages and geography through new age learning techniques using a phygital model that complements the school curriculum. Codevidhya,...