Reshaping the Insurance Brokerage Landscape
Zenioo, a leading wholesale broker based in Lyon, France, has revolutionized insurance brokerage with its innovative digital platform, Soizic Portal. Launched in April 2021, Soizic is a B2B2C platform connecting individual brokers, simplifying the search for ideal solutions for both individual and corporate clients. Accessible through web and mobile, it enables swift broker onboarding while maintaining traditional insurance company processes.
Zenioo’s journey highlights the effectiveness of a meticulously crafted digital strategy. Zenioo team used the OutSystems platform and valantic’s low-code technology expertise to redefine industry standards. This case serves as a prime example of how technology and strategic collaboration can reshape industries and set novel standards.
The Challenge
Amidst challenging traditional sales methods and a saturated market, Zenioo boldly aimed to disrupt the insurance landscape, pioneering innovation and efficiency. They entrusted valantic and OutSystems to drive their vision.
The Solution
Soizic was built using the OutSystems platform and short implementation cycles. This approach, supported in the Agile methodology, ensured the team could effectively address the fast-paced and dynamic application development process, crucial for the company’s success.
Benefits
High Volume Handling :
Managed 2M quotes monthly, averaging 200 per minute.
Contract Growth :
Facilitated 36,000 contracts in 2023.
Financial Performance :
Attained a €50M gross margin in 2023.
Zenioo, a wholesale broker, designs and sells various insurance products for individuals and independent workers. Founded by three seasoned innovators, Zenioo addresses challenges faced by traditional brokers amidst regulations, competition, and digital advancements, offering a fresh approach to the French insurance market.