KoverNow and QBE: Pioneering Digital Innovation in Insurance

In the bustling heart of Singapore’s fintech ecosystem, KoverNow emerges as a beacon of innovation, aiming to transform the insurance experience for its customers. By offering tailored insurance products for a variety of items, KoverNow caters to the diverse needs of the modern Singaporean. However, it is the strategic alliance with QBE Singapore that truly accelerates KoverNow’s customer experience transformation, propelled further by digital innovation. 

The Digital Frontier: QBE’s Transformation 

Global insurer QBE embarked on a transformation journey to evolve its customer experience by migrating to a cloud-based platform, allowing for exceptional customer interactions and scalable operations. QBE Asia has also bagged the Digital Insurance Initiative of the Year at the Insurance Asia Awards 2022 and was lauded in the Insurance Business Asia Top Insurance Workplaces 2022 list. This digital evolution highlights QBE’s commitment to leveraging technology for a more resilient and customer-centric future. 

QBE Singapore won the Digital Insurance Initiative of the Year - Insurance Asia Award 2022.
QBE Singapore won the Digital Insurance Initiative of the Year – Insurance Asia Award 2022.

KoverNow and QBE: A Synergistic Partnership 

By partnering with QBE Singapore, KoverNow taps into a wealth of experience and a shared vision for digital innovation. This alliance enables KoverNow to deliver a hassle-free insurance experience where purchasing, managing, and claiming insurance is simplified and streamlined for the customer. 

KoverNow's CEO Stephan Kaiser at the NBFI forum with representatives of QBE Asia, the Monetary Authority of Singapore (MAS) and J.P. Morgan in July 2023.
KoverNow’s CEO Stephan Kaiser at the NBFI forum with representatives of QBE Asia, the Monetary Authority of Singapore (MAS) and J.P. Morgan in July 2023. Learn more.

SFA Certification: A Testament to Robust Technology 

KoverNow’s certification by the Singapore Fintech Association (SFA) is a significant milestone, indicating its commitment to adhering to high standards in fintech technology. This certification, coupled with its membership in the SFA, underscores KoverNow’s dedication to delivering secure and technologically advanced insurance solutions. 

The Visionary Behind KoverNow: CEO Stephan Kaiser 

With two decades of experience in the Financial Institutions Industry, specifically in investment banking with a focus on insurance innovation, Stephan Kaiser, CEO of KoverNow, brings a wealth of knowledge and insight to the company. His expertise lays a solid foundation for KoverNow, driving its mission to redefine insurance through digital innovation. 

Digitally Transforming Insurance: KoverNow and QBE’s Alliance 

KoverNow, with its strategic partnership with QBE Singapore and a robust technological backbone affirmed by SFA certification, is poised to redefine the insurance landscape in Singapore. Through digital innovation, KoverNow is not only enhancing the insurance purchasing experience but is also setting new standards in the fintech space, promising a bright future for digital insurance solutions. 

About KoverNow   

KoverNow is headquartered in Singapore. The company’s digitally enabled insurance platform dramatically improves the customer journey for purchasing and managing several types of personal insurance by streamlining processes and speeding up renewals, approvals, and claims. In Singapore, KoverNow is a licensed agent registered with the General Insurance Association. It is partnering with MAS-regulated insurance carriers that are underwriting its products, and with SingPass to securely capture customer-specific data. KoverNow is also part of the Singapore Fintech Association and Singapore Business Federation.  

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