Nion and Brazilian insurer Sabemi sign strategic partnership for further digital transformation

APR. 15, 2021

The agreement between the companies provides for the implementation of digital sales automation. With this, the entire insurance contracting process will take place entirely digitally, from proposals, online forms, underwriting, and policy issuance, all in one insurance buying experience. With the initiative, Nion and Sabemi became pioneers in the automated sale of insurance policies.

Automation of a digital journey for customers are some of the products that the Nion ecosystem will enable for one of the main insurance companies in the country starting April.

In yet another step in its digital transformation process, Nion Network, a global ecosystem focused on enhancing business and innovations for insurance industry, has signed a partnership with Sabemi, one of the main insurance companies in Brazil.

The agreement between the companies provides for the implementation of digital sales automation. With this, the entire insurance contracting process will take place entirely digitally, from proposals, online forms, underwriting, and policy issuance, all in one insurance buying experience. With the initiative, Nion and Sabemi became pioneers in the automated sale of insurance policies.

It is the first time that an insurance company has started offering this type of product in a completely digital way. For Thiago Soares, Latam CEO of Nion Network, the acquisition of these products by Sabemi comes to put the customer at the center of the business, as it brings the interaction between insurance and policyholder to the forefront. “It is a fact that the pandemic has come to accelerate the process of digitalizing insurance in the world. And collaborations like this, with Sabemi, which we recently closed, are efficient ways to transform our industry”, he says.

According to the World InsurTech Report 2020, published by Capgemini and Efma, 67% of insurers are willing to collaborate with insurtechs, while 83% of insurtechs want to collaborate with insurers.

“In addition to our distribution channels, the public now has one more option to purchase insurance. This allows for an agile and transparent service for those who cannot reach physical points of sale”, reiterates Rodrigo Pecoraro, Head of Insurance at Sabemi. According to him, the partnership with Nion is in line with the insurer's digital transformation strategy and ensures more flexibility, convenience and security for the insured. “With this alliance, we combine Sabemi's expertise and tradition in the insurance market with Nion's experience with the digital policy sales journey to bring a journey to the customer never before seen in the insurance market,” he guarantees.

He sees Nion's arrival in the Latin American market with optimism. “Nion brings an important global experience from countries that are already well advanced in this segment. In this scenario, Brazil becomes a strategic hub for the expansion of this type of business”, he concludes.

About Nion Network
Nion is an ecosystem that connects and enables entrepreneurs, corporate partners and insurance professionals to create innovative solutions and a positive impact to shape the future of insurance. Nion does that by creating innovative opportunities for our corporate partners; by giving our members the tools to advance their skill-sets; and by helping entrepreneurs expand their business reach through its exclusive global network of insurance professionals, investors, corporate partners, strategists, data scientists, venture builders, and growth experts.

Visit www.nionnetwork.com or email hello@nionnetwork.com for more information

About Sabemi
Sabemi is one of the main insurance companies in Brazil, present in more than 20 states and in the Federal District and with more than 600 employees. With a solid track record of almost 50 years, the company offers insurance solutions in various lines of business.