CASE STUDY | UK CHALLENGER RETAIL BANKCommercial insurance quotes from weeks to seconds.
Risk
Underwriters wanted clean, structured data. Brokers wanted to keep chucking unstructured submissions over the fence. A platform that solved one side’s problem by adding work to the other was never going to get adopted.
Decision
We helped them find and design the answer: a digital marketplace that let AI do the structuring invisibly, while designing in enough broker-side benefit to make the behavioural switch worthwhile.
First live trades landed within months of build, with significant investment secured from multiple industry partners at launch.
Outcome
2 seconds
response time - down from five business days
Collaborating with Nile has been instrumental in the success of the platform.”
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Global Product Lead