Democrance DMCC Democratizing Insurance

Democrance creates value by fully digitizing and automating the entire value chain of insurance– from sales to claims management: customers can purchase an insurance product using their phone, while insurance companies can manage the policies through the platform’s back end with minimum effort .

To do this, we bring together two unlikely partners: we unlock new markets for insurers, while offering distribution and channel partners (agents and brokers, financial institutions, telcos, money transfers, digital wallets, super apps…) a way to increase customer loyalty and differentiate their services .

Distribution and channel partners already have the right distribution network to interact with our audiences, while insurance companies can adapt and create bespoke products for them, bringing a strong differentiator to service providers focused on retaining customer loyalty