| COMPANY PROFILE

HIVE by Income is a Singapore based Insurance-as-a-Service (IaaS) platform, enabling any insurer and digital platform owner across the region to launch, localise and scale innovative embedded insurance propositions. Our pre-built InsurTech integrations enhance our partners’ speed to market, and their ability to capture new customer segments and engagement with minimal additional cost and a competitive advantage that is data-driven.

| PRODUCT/SOLUTION INTRODUCTION

HIVE’s platform is designed to be borderless and product agnostic, with three main parts: the front end, middleware, and lite-core. The front end is where customers interact with the platform. It’s highly customizable to meet each customer’s specific needs and connects to digital platforms. In the middleware, there are multiple plug-and-play APIs serving three purposes. First, they curate digital insurance products. Second, they manage product features. Third, they maintain the applications. The lite-core includes insurance policy systems covering policy issuance, claims, and reporting. It facilitates seamless integration with the insurer’s existing core system.

HIVE’s flexibility brings many benefits. It offers a user-friendly and adaptable experience for both consumers and businesses. It also enhances affordability and streamlines the entire insurance product process. As a result, partners can conceptualize and launch new offerings within just three months. In summary, HIVE’s platform leverages digital technology to create a customer-centric, affordable, and holistic insurance experience, empowering partners to quickly bring right product-market fit.