So-soft Launches the First Fully Open Health Marketplace

So-Soft compares 2,500 contracts and prices nearly 300 health solutions (for Individuals, Seniors, and Self-Employed), whether the broker is registered or not with insurance companies or mutuals.

This tool, accessible online, is open to all without any commitment or modification of relationships with their insurers.

In 3 simple and quick steps, the broker compares offers with the needs expressed by their client (guarantees and rates); they easily identify the best proposals and then provide them with a comprehensive study, integrating all regulatory aspects of the duty to advise.

If the client already holds a contract, it is sufficient to identify the existing solution in the historical database among over 2,500 references and launch the search for a new offer.

Several strategies assisted by So-Soft algorithms are developed along 3 key areas:

• Optimization (finding better coverage for an equivalent price)
• Budget (finding a cheaper equivalent),
• Coverage (taking into account the evolution of the client’s needs and life situation and ensuring adequate coverage).

With a single entry and a few clicks, the broker obtains a comparative view of rates and guarantees relative to the client’s contract, across a panel of 300 offers.

KEY BENEFITS:

1/ So-Soft is particularly suitable for optimizing and intensifying the broker’s work. Designed natively in open mode, So-Soft, in its “MAX” version, easily interconnects with market CRMs, thus avoiding re-entries and time loss.

2/ Brokers who are not specialized in health will find key functionalities enabling them to approach the health sector, with a view to diversification.

Several search modes are available to them: smart filters, a common language for comparing guarantees, a simple interface – everything has been designed by the So-Soft teams to facilitate understanding, advice, and ensure compliance with the duty to advise as required by the Insurance Distribution Directive (IDD) standard.

3/ So-Soft is now able to meet the potential obligation for annual portfolio review (commission collection), which may soon be required by the IDD.

So-Soft makes it very simple and quick to meet this obligation and even go further through easy access and monitoring of alternative offers that can be proposed to clients.

Martin Givelet, Founder of So-Soft, states: “To be able to offer a complete Marketplace with a rich history of offers and up-to-date with the latest product innovations, So-soft has formed partnerships with insurers or wholesale brokers such as Swiss Life, April, SPVIE, Generali, GAN, APICIL, Henner…”

He adds: “We are proud to present the Marketplace in its brand new version at the 2020 Brokerage Days and are also honored to be among the nominees for the 2020 labeling of the Finance Innovation Cluster, a global competitiveness cluster*.“

* The “labels” will be awarded on October 1^st during the Insurtech Business Week, which will take place in Paris on September 28, 29, and October 1^st, 2020.

About So-Soft

So-Soft is the insurtech specializing in health offer comparison, exclusively serving brokers, general agents, and wealth management advisors.

Created in December 2018 by four brokers, So-Soft brings a major innovation to the highly complex health insurance sector by offering a SaaS comparison platform for over 300 health market solutions (Individuals, Seniors, and Self-Employed).

In 2020, So-Soft is supported by Digital Insure, a member of French Tech 120, a wholesale broker specializing in the implementation of 100% digital journeys in personal protection insurance, simplifying and accelerating all steps, from offer comparison to subscription and after-sales, in B2B and B2B2C modes.

https://www.so-soft.fr/