How it Works to White-Label an Insurance Product with Boost

White-labeling insurance products can be a great option for insurtechs looking to expand their lineup: it’s a faster, more cost-effective route to growing revenue with additional insurance lines. It’s also one of our primary offerings here at Boost. 

If you’ve ever wondered how that works exactly, then this blog is for you. We’ll walk through the whole process of partnering with Boost to offer white-label insurance products, and what to expect at each step.

Step 1: Choose Your White-Label Insurance Product(s)

The first step to white-labeling with Boost is to choose which of our products you’d like to offer your customers. Boost offers a range of both personal and commercial insurance products to our partners, from popular products like pet health insurance and commercial cyber insurance to innovative new products like parental leave insurance. 

White-labeling with Boost offers several advantages versus reselling a traditional carrier product:

Customizable products. All of Boost’s products are developed in-house by our team of insurance experts. Since we control the product, we can allow our partners much more flexibility in what to offer than is possible with legacy products. Our insurance products were designed to be modular, with many coverages optional.

Faster time to revenue. A streamlined deployment process powered by APIs (more on that later) means you can be in-market with a new product - and generating premium - significantly faster than with traditional carriers.

Built-in capacity. Boost has assembled a panel of reinsurance partners to ensure plentiful insurance capacity for our partners, and all Boost products are offered on ‘A’-rated carrier paper. You’ll never need to worry about limited capacity artificially restraining your growth.

Once you’ve decided on the products you want to offer, the next stage is configuration.