Amparo Embraces Digital Capabilities Through Strategic Partnership with ChainThat
Amparo Insurance (“Amparo”), a pioneering firm in personal auto insurance, has announced an exciting new partnership with UK based insurtech, ChainThat, aiming to revolutionize auto insurance for immigrants in Massachusetts.
Amparo has been at the forefront of providing reasonably priced insurance to the immigrant community, addressing the unique needs and constraints faced by this segment. Amparo needs customisable digital platform that enhances the underwriting process and that allows self-service configuration changes on the product rules and underwriting guidelines. This state-of-the-art technology will empower Amparo to adapt swiftly to market demands and enhance their ability to underwrite accurately and efficiently.
Amparo has chosen ChainThat’s Beyond Policy Administration (BPA) platform to support end-to-end quote-bind-issuance workflows, compliance controls, real-time dashboards, and a guided user experience to automate the policy lifecycle.
“Amparo’s mission has always been to provide fair and accessible auto insurance to the immigrant community," remarks the Co-Founder of Amparo Insurance. "Partnering with ChainThat allows us to leverage advanced technology to better serve our customers and streamline our processes.”
Vikas Acharya, CEO of ChainThat, shares his enthusiasm for the partnership: “We are delighted to collaborate with Amparo. Our platform architecture offers the flexibility and configurability that are needed for Amparo to launch and manage their unique insurance products effectively. We’re excited in this partnership and eager to see how this positively impacts Amparo and their customers.”
About Amparo
Since 2021, Amparo Insurance has been providing high quality, comprehensive insurance solutions to customers in the community. Amparo offers private passenger auto insurance tailored to meet each client's unique needs. The company's mission is to make obtaining insurance coverage an easy and stress-free process while delivering exceptional customer service.
For more information, visit www.amparoinsurance.com
About ChainThat
ChainThat, an Xceedance company, is a leading insurtech company based in London that is transforming the insurance industry with innovative SaaS-based software products and platforms.
Founded in 2015 by insurance technology veterans, ChainThat partners with insurers, brokers, MGAs, and other insurance intermediaries, empowering them to unlock the full potential of their data and technology.
For more information, visit www.chainthat.com