Turtlefin will provide access to its extensive, technology-driven solutions to become more efficient and provide cost-effective solutions. This will help in reducing proposal creation time by more than 50% and increase sales efficiency by 30% along with better customer experience.

Turtlefin will enable Compass’s vast distribution network to access all retail insurance products on its platform. Additionally, Turtlefin is also looking at providing its capability of digital prospecting and E-skilling with a vision to support and empower its network of advisors. This will strengthen the engagement of Compass Advisors with their customers and empower them with the necessary tools to cater to their customer’s insurance needs.

Speaking on the occasion, Amreesh Kher, Chief Partnership Distribution Officer, Turtlefin said, “This partnership exemplifies our belief in the opportunities in the Middle East markets with an aim to bring about transformation in the insurance distribution ecosystem. With our commitment to improve the distribution network and the insurance ecosystem, we are confident that our capabilities and interesting growth trajectory will further enable a future that will be beneficial for the entire community”.

On the partnership, Mr. Navin Nihalani, CEO of Compass Insurance Brokers LLC, said, “We at Compass always believe in a tech-first approach going along the UAE vision of creating a paperless digital environment. With the right combination of expertise from Turtlefin and our existing module, we want to strengthen our position as the pioneers of a common API framework in the UAE. We look forward to working with Turtlefin to take advantage of the opportunities our new strategic partnership will offer.”

Turtlefin’s platform provides end-to-end transaction capabilities on a selected range of insurance products for advisors. It is also working with some leading financial institutions in the India and UAE, to create a unified and seamless platform for the bank’s insurance customers. By equipping advisers with the proper set of tools that can assist them in directing customers toward the most suitable insurance options, Turtlefin’s services comprehensively meet the requirements of the new regulations in the UAE. Its offerings holistically meet the demands of the new regulations by empowering advisors with the right set of tools that can help them guide clients towards the most suitable insurance solutions.

Through this strategic partnership, Turtlefin will onboard new insurers on their cutting-edge platform to provide seamless access to the users of The Continental Group. This will lead to increased insurer participation bringing in more choices to clients to make the right decision on their insurance needs. The solution will bring significant operational efficiencies through the automation of proposal journeys, management reporting, and dashboards, which will be accessible from a single source rather than multiple dependencies.

Speaking on occasion, Mr. Amreesh Kher Chief Partnership Distribution Officer of Turtlefin said, “The Continental Group is one of the leading financial intermediaries in the UAE. With Turtlefin’s seamless digital journey that we offer across multiple insurers, users at The Continental Group will save time on quotations and proposals, thus enhancing their sales efficiency.

Adding to this, Mr. Laxmikant Pawar – Head of MENA at Turtlefin said “This partnership is important for us as it re-affirms our belief in the Middle East markets’ potential and will benefit The Continental Group’s extensive distribution network.” 

Mr. Ashok Sardana, Founder and Managing Director of The Continental Group said, “We are delighted to partner with Turtlefin and are assured that Turtlefin’s unique and customized technology solutions would help redefine how the insurance segment in the UAE is served. This alliance will provide us with the technological edge to advance towards improved consumer engagement and experience.” 

Turtlefin develops distinctive, tailored technology solutions that provide real value for institutional clients and allows their sales teams to offer insurance as a solution in an educated and effective way. TurtleFin’s solutions will enable financial experts at The Continental Group to enhance their distribution capabilities with applications like Digital Prospecting, Learning and Skilling on the Go, and paperless transactions.