InsureMO Launches "AI Insurance Quoting System" to Improve Exit Rates with AI Agents Calling APIs
InsureMO launches an AI agent system that automates insurance quoting.
📋 Article Processing Timeline
- 📰 Published: March 30, 2026 at 20:27
- 🔍 Collected: March 30, 2026 at 22:56 (2h 28m after Published)
- 🤖 AI Analyzed: April 16, 2026 at 06:09 (391h 13m after Collected)
InsureMO Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director: Masaru Kawakami), a provider of insurance middle office platforms originating from Singapore, announced on March 30th the launch of its specialized "AI Insurance Quoting System" for the insurance industry.
This system allows prospective policyholders to input necessary information through interaction with an AI chatbot, receiving an insurance premium quote on the spot. Unlike traditional methods that require filling out numerous fields at once, this system offers a clear and smooth experience for customers by proceeding with the quote through natural conversation. For insurance companies, it is expected to not only improve operational efficiency through the automation of quoting tasks but also to reduce mid-quote drop-offs by easing the customer's input burden, thereby strengthening customer touchpoints.
The AI agent provided on InsureMO calls the premium calculation API to realize conversational quoting. Insurance companies that adopt this system can enable AI-powered quoting by configuring data such as existing product design information and rate tables. Furthermore, since the AI agent can be created with no-code, it offers flexibility in changing the agent's behavior and quoting conditions, supporting insurance companies in advancing their digital customer engagement.
For an image of customer interaction with the "AI Insurance Quoting System," please see our video.
InsureMO supports the transformation of insurance operations utilizing AI. We offer a variety of solutions, from providing development environments to utilizing data internally and externally, and customer engagement.
Reference (Announced March 10th): Launch of Industry's First "AI Insurance-Specific Vibe Coding" Development Environment
https://prtimes.jp/main/html/rd/p/000000016.000078148.html
◆About InsureMO
InsureMO is a technology provider for the insurance industry originating from Singapore. Founded in 2000, with the mission of "Making Insurance Simple," we provide services globally. Through modern technology, we address the challenges of the insurance industry, which faces bottlenecks in system flexibility. We have built a strong customer base of over 500 companies in approximately 40 countries and markets, including the Americas, Europe, and Asia. It has been adopted by over 30 domestic financial institutions.
FAQ
What is the "AI Insurance Quoting System"?
The "AI Insurance Quoting System" is a new offering from InsureMO that uses AI agents to automate the insurance quoting process. Customers interact with an AI chatbot to provide information, and the system generates a quote in real-time.
How does the AI Insurance Quoting System benefit customers?
It benefits customers by allowing them to get insurance quotes through a natural conversation with an AI chatbot, eliminating the need to fill out lengthy forms. This provides a smoother and more understandable experience.
What are the advantages for insurance companies using this system?
Insurance companies benefit from automated quoting, leading to increased operational efficiency. By simplifying the input process for customers, the system helps reduce quote abandonment rates and strengthens customer engagement.
How is the quoting process automated?
The system uses AI agents on the InsureMO platform that call premium calculation APIs. Insurance companies can configure the system with their existing product data and rate tables to enable AI-powered quoting.
Is technical expertise required to set up the AI agents?
No, the AI agents can be created using a no-code approach, offering flexibility for insurance companies to easily modify agent behavior and quoting conditions.
What is InsureMO?
InsureMO is a Singapore-based technology provider for the insurance industry, focused on simplifying insurance through modern technology. They offer solutions to address system flexibility challenges and have a global presence.
What is "AI Insurance-Specific Vibe Coding"?
This refers to a previously announced development environment by InsureMO, launched on March 10th, which is described as an industry-first for AI-specific insurance coding.