Gurugram-based InsurTech innovator InsuranceDekho has unveiled a Software-as-a-Service (SaaS) platform, “Heph,” designed to transform the insurance distribution landscape in India. With its comprehensive digital solutions, Heph aims to streamline insurance distributors’ operations.
The platform is engineered to handle all facets of insurance operations, including health, life, motor and group insurance. With integrations covering a broad spectrum of products, Heph partners with 49 insurers and supports various distribution channels, such as assisted sales, direct-to-consumer and embedded insurance models.
Ankit Agrawal, Co-Founder and Chief Executive Officer (CEO), InsuranceDekho, said, “At Heph, we’ve built a platform that marries technological innovation with deep insurance expertise. Our mission is to empower businesses across the financial spectrum to offer seamless and efficient insurance solutions. With our robust API integrations, bank-grade security and customisable modules, we’re not just keeping pace with the digital transformation of insurance – we’re leading it. With this launch, we are set to redefine how insurance products are distributed and managed in India, driving growth for our partners and improving accessibility for consumers.”
With access to over 650 insurance products, Heph offers unparalleled flexibility. It allows businesses to co-create customised products with insurers. This feature enables companies to build, manage and optimise their insurance offerings more efficiently, enhancing their competitive edge in the market.
Heph adheres to the stringent requirements of the Insurance Regulatory Development Authority of India (IRDAI). This compliance ensures that businesses can operate within a secure and regulated environment, reflecting Heph’s commitment to security and reliability in the evolving digital insurance ecosystem.