VMPL
Mumbai (Maharashtra) [India], October 1: Nexsys, a technology company helping insurers, brokers & other distribution partners modernize & digitize their businesses, showcased its flagship platform, NexInsure, at GAIP InsureTek India 2026, held at Taj Lands End, Mumbai, on 29 September 2026.
At the event, NexInsure won the award for “InsurTech Distribution Platform of the Year” , its second recognition in just over a month after the “Transformative Insurance Distribution Platform” award in August 2026.
NexInsure Suite of Products enables distribution across various products & various channels under a single unified application. It allows for a complete quote to bind journey, lead management, claims, servicing, commissions, reconciliations & much more.
AI features in NexInsure are enviable; some of which include Voice AI calling, Cross sell Upsell nudges, Training Assist, Smart lead assignment, Document Parsing, Risk Assessment, Email Automation among others.
NexInsure Suite comprises of the following products:
OC – Omnichannel Platform for Retail Insurance
B2B – Omnichannel Platform for Commercial Insurance
B2C – Aggregation Platform for Insurance Brokers
RE – Omnichannel Platform for Reinsurance
NexInsure B2B stole the limelight at the event. Commercial insurance across LOBs like Property, Fire, Liability, Marine, Engineering , Group Health still runs largely on email, spreadsheets, unstructured communication & redundant data entry. The complete process is archaic, inefficient, slows underwriting & delays responses to customers. NexInsure B2B solution automates the end-to-end Commercial Insurance process without forcing a change in human behavior.
Where NexInsure comes in
IRDAI has recently released a consultation paper proposing a reset of distribution & commission payout norms. With the new guidelines, Insurance industry on the whole will need to operate very efficiently & do more with less.
This is where NexInsure comes in – making distribution highly efficient. The comprehensiveness of the platform is unparalleled – it supports Lead Management, Pipeline, Quote to Bind Journey, Servicing, Accounting, Compliance & much more.
“We are glad we chose NexInsure – it is incredible the way the platform is able to help us completely transform from all manual processes to fully automated operations for all of our LOBs including Property, Fire, Marine & Group Health” said CEO – Insurance Broking Firm.
“CommercialInsuranceinvolves mostly unstructured communication, processes & underwriting,&thereisnosolutioninthe market that automates it end to end. Our AI Platform NexInsure B2B changes that!! 100% automation for end-to-end distribution processes, so Insurers & Brokers can spend their time on clients & growth instead of data entry & mails.” said Vishal Shukla, CTO, Nexsys.
About Nexsys
Nexsys is a technology company focused on helping insurers, brokers & other insurance distribution partners modernize & digitize their businesses, simplify complex processes & accelerate innovation. Its flagship platform, NexInsure, is an omnichannel insurance platform that manages distribution across products & channels on a single unified platform.
www.nexsysit.co.inwww.nexinsure.ai
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Related reading
