Mutuals & Bread funds

Team RealXS offers Mutual insurers such as bread funds the option to make insurance products, quickly and efficiently available. Both old and new - innovative - insurance products can be installed and offered without the help of IT specialists. These products can then be administratively maintained, continued and offered via a website.

The Dutch insurance industry originally consisted of a myriad of Mutual insurers. From Mutual Fire Insurance Companies to Mutual Livestock Insurance Companies or Mutual Church Insurance Companies. You can't think of a crazy thing or there was a Mutual insurer operating. Nowadays, this picture is seen in Breadfunds.

Underlinge U.A.
The rising cost of automation is forcing insurers to cooperate or merge. As a result, specialisms may be lost.
Capturing knowledge is even more important than transferring it!

Bread funds
There is increasing interest in this form of mutual insurance. Especially where profession-specific risk coverage is concerned, many opportunities and innovations can be realised here.

Mobile phone linked to policy
In 2010, Adaptto placed a car insurance policy in the RealXS back office, which was linked to the insured's mobile phone. All the data around the insured's driving behaviour then became the basis for the premium rate charged to the insured.

Mutual Collectivities / Adaptto
Sometimes like-minded stakeholders find each other, as is the case with people who rent out their boat (Barqo) or people who want to lend or rent out their car to third parties (car-sharing.nl) small premiums, but big flows.
And then the path to RealXS is quickly found.

Efficiencies at work
The shortage of well-trained applicants is glaring. Also in the insurance industry. Outsourcing is an option that should be seriously considered again, because:
Thanks to
- the robot-Underwiting;
- automated bid-processing;
- integrated financial-administration;
- tailor made IPID;
- policy formatting;
- and digital-signing by the insurer itself,
unprecedented new opportunities for an efficient approach in which the intermediary can play a greater role arise.