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EGI launched IPOS (Integrated Partner On-boarding Solution)

Published on May 19, 2021
Current Context: The Edelweiss General Insurance (EGI), which is an InsurTech start-up has launched IPOS (Integrated Partner Onboarding Solution).
EGI launched IPOS (Integrated Partner On-boarding Solution)
  • The IPOS is an industry-first digital end to end partner onboarding solution. It was launched to offer to digitise support to partner’s journey in an efficient manner.
  • The digital solution will be available for existing and prospective partners like agents, brokers and web aggregators. The platform grants privacy and data security.
  • The IPOS is a fully automated onboarding solution with the features like easy visualisation capabilities, built-in learning system so that the partners can avail of practice tests.
  • Through IPOS, the sales workforce can create or upload any number of prospects in real-time with scrutinising, approvals and digitally processability with greater efficiency.
  • The entire process gets completed within 24 hours through IPOS. The partner can also perform a DIY journey of uploading the documents and initiating the onboarding process with EGI.
  • The IPOS will offer quicker integration with EGI services and policies with a shortened integration cycle in terms of time and cost.
  • Static Part: 
    • HQ of EGI: Mumbai

Question: 

Q.1 The Edelweiss General Insurance (EGI), which is an InsurTech start-up has launched IPOS. What does ‘I’ signifies in it?
a. Internal
b. Integrated
c. Inreturn
d. International

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