The company was founded to enable SMEs to assess their risk profiles and select the best insurance products for each individual situation and need. Seamless, digital, end-to-end service for SME clients in Singapore and beyond, with an advisory approach to make the insurance process easier, more transparent and efficient. From purchase to claims and after sales. 

 With their deep understanding of the broker market, the risk needs of SMEs, and well-established relationships with insurance carriers, combined with Elemental’s expertise in conceptualising, designing, and delivering digital solutions, we collaboratively developed the platform. This platform serves as a recommendation engine, providing tailored product suggestions to meet the unique needs of each SME. 

Our team harnessed technical leadership from our Singapore-based experts and the development strength of our team in Myanmar to create a comprehensive platform. This solution integrates seamlessly with local payment systems, government agencies, and insurance carriers to enable automated transactions. 

Elemental’s modular and scalable design allows for easy expansion of the recommendation engine, product engine, payment integration, and carrier API layer, accommodating new products from various carriers. 

The integration with carriers is built on an API-driven structure, ensuring smooth future connections with additional carriers, regardless of their API capabilities.