Looking to instantly increase purchasing revenue? By offering embedded insurance, our insuretech infrastructure helps you quickly enable platform customers to activate insurance options in the hosted checkout without having to endure any annoying onboarding protocols.
JustiFi enables you to activate and manage policies at several levels within your platform.
JustiFi’s infrastructure directs all transaction revenue through your platform, significantly enhancing your ARR.
With JustiFi’s innovative infrastructure, companies now have the opportunity to offer multiple embedded insurance products to their customers through multiple vendors. By utilizing this interactive network of insuretech solutions, businesses can provide an optimized and white-labeled customer experience that allows for more customization than ever before.
Our data tokenization makes it seamless and easy for customers to opt-in and customize the types of embedded services they are looking for; not only that, it guarantees security with regards to customer information.
Embedded insurance provides platforms and businesses with new methods of creating revenue streams. Your customers can utilize insuretech to customize insurance policies that are integrated within their products and services, empowering their customers to purchase coverage alongside the products they already buy, automatically loading those policies into customer accounts.
Web components are reusable, modular pieces of code that offer several benefits for accepting payments and embedding fintech products such as:
Web components can be easily integrated into any platform, allowing you to customize the UI to match your platform.
Using web components can significantly reduce the amount of time and resources required to develop and maintain payment functionality on your platform.
Web components use modern security practices such as encryption and tokenization, removing the compliance burden on your platform.
This component ensures we collect the necessary form data during customer onboarding.
const handleOnboardingCompletion = (e) => {
const { eventType } = e.data;
if (eventType === 'submitSuccess') {
// Handle successful onboarding
}
if (eventType === 'submitFailure') {
// Handle failed onboarding
}
};
window.addEventListener('message', handleOnboardingCompletion);
const resp = await fetch(
`https://api.justifi.ai/v1/insurance/bind`,
{
method: 'POST',
headers: {
'Content-Type': 'application/json',
Authorization: 'string'
},
body: JSON.stringify({
payment_method_id: 'pm_123',
amount: 10000,
currency: 'usd',
partner_quote_id: 'ins-test-123',
partner_name: 'vertical_insure',
metadata: {}
})
}
);
const data = await resp.json();
console.log(data);
Insurance offerings can be complicated to manage. As part of our platform, we provide you with a team led by a Chief Payments Officer to consult on go-to-market product strategy, feature utilization, forecasting, partner evaluation, contract negotiation and everything in between.
Integrate customer onboarding
Integrate web components based on the data gaps
Sign with recommended vendor/provider
Ongoing customer data collection
Data compliance & reporting
Forecast the risk/value of different FinTech opportunities
Evaluate different vendors/providers
Negotiate pricing with different vendors/providers
Tokenized data sharing as you move between vendor contracts
Contracting with chosen provider/underwriter
Sales training around industry compliance
Create GTM language for customers
Create web components for new products
Renegotiate terms with providers over time