Made-to-measure digital insurance solutions for all

Our comprehensive online platform and distribution channels can help you reach more customers at less cost.

We create comprehensive solutions to successfully implement your microinsurance programs.

Product Creation

RuralNet designs microinsurance plans that address the real needs of your clients & deliver financial success.

  • Market research
  • Product design
  • Product underwriting

Digitalization

Our API-enabled microinsurance platform automates most of the admin work from running a microinsurance program.

  • Digital enrollment tools
  • Branch-assisted claims portal
  • Online self-service claims
  • API integration
  • Automated reporting

Implementation

Our implementation team helps you get microinsurance programs off the ground at distribution channels in as fast as 1 month.

  • Nationwide implementation team
  • Training services
  • Marketing and sales campaigns
  • Claims pre-screening

Want to learn more about our solutions?

Why work with RuralNet?

Stay up-to-date at all times

RuralNet’s platform makes it easy for branches to regularly update KPIs and give reports, allowing you to stay connected with what’s happening in your community. 

Our system notifies agents and branches once policies are up for renewal. Policies can be issued for real-time printing at any branch, or can be sent directly to users via e-mail. Furthermore, our APIs pull from existing customer data to make renewing, adding, or amending policies as seamless as possible.

Process applications and claims quickly 

RuralNet’s application portal automatically validates customer information, while the claims portal allows users to directly scan and upload claims documents for easy filing. 

Customer information is automatically validated as they enroll, and our claims approval tools helps your team keep track of all ongoing claims. 

Engage with more clients at less risk 

As the only Philippine InsureTech company to operate on a profit-sharing model, RuralNet securely maintains its own cloud platform and only charges broker’s commissions or platform fees. For financial institutions, this means less capital expenditure and more opportunities for customer outreach.

USE CASES

Here’s how we’ve helped our partner insurers.

Helping a life insurer & lender successfully launch microinsurance

RuralNet collaborated with a life insurer and microfinance institution to create and manage a successful microinsurance program that expanded to cover over 90% of the microfinance portfolio within two years.

PRODUCT CREATION

  • Market research done by RuralNet to evaluate customer needs and budgets
  • Product concepts, design, and underwriting analysis done by RuralNet in partnership with insurer team

DIGITALIZATION

  • Enrollment APIs and UI/UX integrated into the core lending system
  • Digital claims platform implemented at the branches, allowing even untrained staff to handle claims

IMPLEMENTATION

  • Sales and marketing approach and materials designed by RuralNet for the field
  • Cross-selling training, monitoring and implementation handled by the RuralNet team

BUSINESS OUTCOME

Voluntary life program launched in 3 months (including pilot), with 50% of lending customers being cross-sold insurance in Year 1 and 90%+ bring captured by Year 2 of the program.

Cutting claims turnaround time by 60% versus industry

In addition to cost savings, RuralNet offers best-in-class claims services, with a focus on the microinsurance market serving lower-to-middle-income households. Our goal is to provide quick cash claims to address their urgent needs. We achieve this through a simplified claims process and user-friendly touchpoints so claims can get out faster.

Cutting administrative overhead for an MBA by 50%

In addition to cost savings, RuralNet offers best-in-class claims services, with a focus on the microinsurance market serving lower-to-middle-income households. Our goal is to provide quick cash claims to address their urgent needs. We achieve this through a simplified claims process and user-friendly touchpoints so claims can get out faster.

Contact us today if you have any questions about our programs, your insurance policy, or partnership opportunities.