REIN insurtech platform

REIN makes it possible - and practical to accelerate insurtech product development, so you can quickly deploy scalable, flexible solutions designed to better select risk, price risk and distribute product.

REIN makes it possible - and practical to accelerate insurtech product development, so you can quickly deploy scalable, flexible solutions designed to better select risk, price risk and distribute product.

The 3 core problems we set out to solve

Unlock Opportunities in Online Ecosystems & Networks

Manual processes, an inability to understand and use an ecosystem’s data to gauge, select and price risk—these are traditional barriers that have hindered the development of new insurance products. The platform overcomes these barriers to unlock new product possibilities for these ecosystems and networks.

Unlock the Market for Usage-Based and Episodic Insurance Products

Traditionally these insurance products have had difficult margins due to costly, manual back-office processes, an inability to scale delivery and a lack of technology designed to deliver such products. The REIN platform supports annual and shorter duration episodic products.

Unlock the value of unstructured data and The Internet of Things to create new insurtech products

Data feeds, programmable systems and location are all now realities of connected autos, drones, websites and industrial IOT devices. REIN leverages a data-intensive, interconnected world to better tailor products, select and price risk, and distribute new insurtech products.

SEE THE FUTURE: THE REIN APPROACH TO AI AND AUTOMATION

USE THE TOOLS IN THE REIN PLATFORM INDIVIDUALLY OR IN COMBINATION TO BRING NEW INSURTECH PRODUCTS TO MARKET.

WATCH HOW THE PLATFORM WORKS

Annual, Episodic, and Usage-Based Insurance Services

Annual, Episodic, and Usage-Based Insurance Services

REIN enables new policy development, existing policy implementation, and policy lifecycle management in support of annual, episodic, and usage-based insurance models.

Claims Chatbot Tool

Claims Chatbot Tool

Improve and automate customer engagement with individualized (tied to account), on-demand chatbot deployment.

Risk Selection

Risk Selection

One size does not fit all. Better risk selection requires a tailored product strategy with tools that incorporate both accurate data interpretation with the right product architecture and design.

Multi-Layer Geopositioning Service

Multi-Layer Geopositioning Service

User location can be critical for managing the tax, legal and regulatory requirements surrounding a given risk. Yet, IP addresses are becoming less reliable as a sole means to determine location. Go beyond IP addresses with GPS, assisted GPS, wifi-based position, and cell-tower triangulation to pinpoint user location - along with protocols to promote the strictest compliance handling of the user.

Ratings and Underwriting

Ratings and Underwriting

Use dynamic rating algorithms that draw on up-to-the-minute unstructured data sets to properly underwrite and price emerging risks, and support new policy models. REIN’s tools can improve underwriting consistency - including our machine learning technology that supports the interpretation of unstructured data.

Ecosystem Integrations

Ecosystem Integrations

To address the complexities and challenges of building a product for integration into an online ecosystem, we start with a tightly controlled API and authentication stack for developers, then expand it with engines and services that complement a variety of business models.

Distribution Tools - Web and Mobile

Distribution Tools - Web and Mobile

We can deploy a new insurance product inside a traditional distribution tool, like a website or mobile app, by leveraging a single point of contact through our backend infrastructure. This gives us a single place to secure against intrusions and other threats while allowing us to be optimized for performance and insights.

Jurisdiction Management and Surplus Lines Compliance

Jurisdiction Management and Surplus Lines Compliance

Product restrictions, advertising rules, taxation, filing processes, licensing and diligent search laws vary by state and sometimes by county. The system supports E-signature and E-delivery services, helps organize legal and regulatory complexity, and provides for jurisdiction-by-jurisdiction deployment differences, including product shut off. Backend software supports surplus lines compliance automation (where possible), with tools for state filing and reporting.

Digital Documentation Tool

Digital Documentation Tool

High-volume document creation needs to be blazingly fast to support real-time systems. Enable real-time, high-volume document creation for delivery of policy lifecycle documents and Certificates of Insurance.

Geospatial Tools and Support

Geospatial Tools and Support

New auto, IoT, robotic and online ecosystem products require the use of location and geospatial data for underwriting, claim adjustment or product delivery (pay-by-mile, etc.). REIN analyzes and supports geocoded data, spatial analysis, data visualization, telematics and demographic data from industry leading platforms.

Billing, Reporting, and Accounting Tools

Billing, Reporting, and Accounting Tools

Streamline processes throughout the lifecycle — including purchase, endorsement, cancellation, short-rate and minimum-earned premium refunds — with customizable tools that integrate with other processing and accounting services.

REIN IS BUILT FOR RAPIDLY CHANGING INDUSTRIES

Our products go where the unstructured data is.

Our products go where the unstructured data is.

WE KNOW THE CODE. AND A WHOLE LOT MORE.

There are real people behind this impressive platform. Great software engineers, AI engineers, underwriters, and user-experience designers. People with a passion for insurance, technology and a desire to help clients succeed. With the complexities of insurance and technology at play, we’re focused on making things simple for you by crafting effective, personalized solutions for the critical issues you’re facing today.

In short, we’re here to help.

There are real people behind this impressive platform. Great software engineers, AI engineers, underwriters, and user-experience designers. People with a passion for insurance, technology and a desire to help clients succeed. With the complexities of insurance and technology at play, we’re focused on making things simple for you by crafting effective, personalized solutions for the critical issues you’re facing today.

In short, we’re here to help.

  • REIN INVESTORS

  • We’re partnered with a group of amazing entrepreneurs 
    who share our vision for reaping the rewards of the insurance
    industry’s data-driven future.

We also have a group of amazing entrepreneurs who have invested in our vision.

Product
case study

Dynamic coverage that’s simple, on-demand and data driven. Say hello to a better drone insurance experience.

DroneInsurance.com leverages REIN’s intelligent cloud platform to deliver an enterprise-grade insurance platform that addresses the unique risks, pain points, and coverage needs of commercial drone operators.

Dynamic coverage that’s simple, on-demand and data driven. Say hello to a better drone insurance experience.

DroneInsurance.com leverages REIN’s intelligent cloud platform to deliver an enterprise-grade insurance platform that addresses the unique risks, pain points, and coverage needs of commercial drone operators.

Rein in the News

  • DroneInsurance.com Set to Redefine Expectations Around Insurance for Commercial Drone Operators Learn More

  • REIN, Liberty Specialty Markets Launch On-Demand Drone Coverage Learn More