Colombo, Sri Lanka – LinearSix, a leading digital transformation specialist in financial services, has announced the expansion of its partnership with global Insurtech provider InsureMO. This strategic collaboration aims to accelerate the adoption of cutting-edge digital insurance solutions across Sri Lanka and the broader APAC region, empowering insurers with AI-driven and API-powered technologies.
As digital economies continue to reshape industries, the insurance sector is undergoing a fundamental transformation. The modernisation of legacy core insurance platforms has become essential for insurers to remain competitive, enhance operational efficiencies, and deliver superior customer experiences. This expanded partnership between LinearSix and InsureMO is set to address these challenges by making these Insurance business APIs available from its PaaS platform. The underlying technology is a middleware cloud-based, API-first proposition engineered to revolutionise insurance distribution.
“Our collaboration with InsureMO marks a pivotal moment in the digital evolution of the insurance industry,” said Mario Gooneratne, the CEO of LinearSix. “With InsureMO, insurers can break free from legacy constraints, accelerate product innovation, and expand their market reach with greater agility through affinity channel businesses.”
The InsureMO platform serves as a robust, scalable solution that connects insurers, brokers, banks, and retailers on a single ecosystem, enabling seamless integration and automation of insurance processes. Through this partnership, InsureMO will provide the Insurance API infrastructure for core modernisation, while LinearSix will offer expert consulting, implementation, and post-live support services to ensure seamless adoption and sustained success for clients.
Key Benefits for Insurers and Industry Stakeholders:
- Insurers can rapidly introduce new digital products and services, staying ahead of industry trends while enhancing customer experience through personalised, seamless, and engaging solutions across multiple channels.
- The cloud-native platform offers scalability and agility, adapting to evolving business needs while reducing IT complexity and costs through API-driven integration that simplifies modernisation efforts and minimises operational expenses.
- Additionally, this collaboration unlocks opportunities for insurers to expand their market reach, fostering partnerships within a dynamic and growing ecosystem.
Rajat Sharma, InsureMO’s Chief Revenue Officer, noted, “Our partnership with LinearSix accelerates insurers’ digital transformation, empowering them to innovate and grow with agility. Together, we unlock seamless customer experiences and new market opportunities across Sri Lanka and APAC.”
This initiative is set to redefine the insurance industry by overcoming traditional barriers to digital adoption, such as legacy system limitations, integration complexities, and skill gaps. With the combined expertise of LinearSix and InsureMO, insurers in Sri Lanka and APAC will be poised to embrace the future of digital insurance.
For more information about this partnership and how it can benefit insurers, visit https://insuremo.com/
