Insurance market is undergoing an unprecedented change. As insurance retailers are offering policies via websites and apps, they seek to connect with financial giants’ global networks. Digital Partners, a business unit of Munich Re, one of the leading reinsurance companies, is helping its partners do just that. A synergy of the international giant and its partners is set to innovate the market in a much faster and more complex way.
While many InsurTech start-ups offer consumer-facing products, they heavily rely on data exchange with complex back-end systems. Opening up to such new opportunities requires easy connections. Building an API and offering it to retailers is a step toward a more interconnected insurance ecosystem. It helps offer more accessible and tailored services globally.
Digital Partners and FINGO have built a solid and well integrated development team working in London and Wroclaw. While a lot of emphasis was put on independence and accountability of individual team-members, they collectively embraced a team spirit helping them focus on the common goal. With direct, 2-hour flights between London and Wroclaw, even short one-day trips are a great addition to regular conversations on Slack and video calls.
The API is developed using PHP7, Microservices, Laravel/Lumen 5, AWS/Capistrano, JSON-API, CircleCI