• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
  • Programs
    • SGSC Global Bootcamp 2021
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • KoreaTechDesk Monthly Pitch
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • register
  • login
No Result
View All Result
No Result
View All Result
Home FinTech

Korean FinTech CONCAT to launch smart solutions for insurance agents

KoreaTechDesk Writer by KoreaTechDesk Writer
February 10, 2020
in FinTech
3
Korean FinTech CONCAT to launch smart solutions for insurance agents
0
SHARES
689
VIEWS
Share on FacebookShare on Twitter

The insurance industry worldwide is going through a dramatic transformation, with technology playing a major role. In South Korea, while the market is continuously growing in size, the insurance industry has yet to break away from the traditional way of promotion and sales. Insurers and agents rely on face-to-face sales to sway their customers, and the level of consumer understanding in products remains low. Korean startup CONCAT Inc., which is a newly set up FinTech firm, is launching two unique insurance products to bring in innovation in the insurance sector.

Customer Management & Dental Insurance

CONCAT is introducing a smart solution specifically designed for insurance agents called BH Planner. The smart app is developed to help agents with their business activities by providing insurance guarantee analysis, product recommendation by the customer, and customer management services. BH Planner will act as an insurance sales partner for the agents so that they can manage customer service efficiently.

CONCAT’s two products.

The second product by CONCAT – Dento is specialized for dental insurance combined with everyday dental care capabilities. Dento is a comprehensive solution that combines dental practice management, dental check-up diary, and dental insurance services. This service helps the user to take care of their teeth in a healthier and financially rational manner. Users can fit in brush habit calendars, dental clinic records, and personalized dental insurance analysis reports using Dento.

CONCAT will be releasing both its innovative solution in the first quarter of 2020, which is February 2020. The startup’s revenue model will be based on service fees and commission from affiliated general agency partners. For BH Planner, the company intends to keep a subscription-based model and brokerage fee for new customer referrals.

Aspiring to lead smart solution in the insurance sector

Started in 2018 by a core engineering team with capabilities in deep learning and data analytics technologies, the startup has a track record of developing and operating an insurance app named Bople. Managed by A+ Asset Inc., the Bople app available for both Android and iOS helps users analyze insurance coverage through various variables like death, cancer, cerebrovascular disease, cardiovascular disease, loss, and surgery, etc.

Bople is quite a successful app, with more than 300 million customer subscriptions. Now with the two more apps, CONCAT hopes to cover a major share in the smart solution for the insurance sector in Korea.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: ConcatDental InsuranceFintechInsuranceKorean Startup
Previous Post

New Zealand invites up and coming North Asian tech entrepreneurs and business leaders to visit the country

Next Post

Looking for love in Valentine’s Day month? Get on to these top 5 Korean dating apps!

Next Post
Looking for love in Valentine’s Day month? Get on to these top 5 Korean dating apps!

Looking for love in Valentine’s Day month? Get on to these top 5 Korean dating apps!

0 0 votes
Article Rating
Subscribe
Login
Notify of
Please login to comment
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
No Result
View All Result

FREE NEWSLETTER

PRODUCTS

Most Popular

  • DoubleMe that runs real-world metaverse platform ‘TwinWorld’ raises $25 million in funding 

    0 shares
    Share 0 Tweet 0
  • FinTech startup Quantit & Privé Technologies award-winning robo-advisor RABIT helps crypto investments

    0 shares
    Share 0 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    12 shares
    Share 12 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Top 3 Websites where you watch Korean drama & movies

    12 shares
    Share 12 Tweet 0
  • AI media translation startup XL8AI attracts investment from Future Play 

    0 shares
    Share 0 Tweet 0
  • Korean startup Voithru’s global expansion platform JAMAKE allows YouTube influencers to truly own the world

    1 shares
    Share 0 Tweet 0
  • Korean startup Mars Auto set to launch self-driving trucks in 2023

    0 shares
    Share 0 Tweet 0
  • K-Pop music copyright trading platform Musicow attracts $79 million investment

    0 shares
    Share 0 Tweet 0
  • Korean startups creating the K-Beauty buzz worldwide

    11 shares
    Share 11 Tweet 0
  • Facebook
  • Instagram
  • Twitter

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
  • Programs
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • Forums
  • register
  • login

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Posting....
wpDiscuz
3
0
Would love your thoughts, please comment.x
()
x
| Reply

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.