Ai-London Partner KBC wins at Irish Pensions Awards.
Press Release Published on the 24th November 2020.
Ai-London Partner KBC wins at Irish Pensions Awards 2020, using clever app-based solution underpinned by our PLATFORMONE technology
Stratford, London – 24th November 2020: Ai-London, Insurtech experts in delivering intelligent, open and configurable platforms to Life & Pension providers around the world, are proud to announce that their strategic, long-term partners, KBC Life & Pensions, have been awarded first place in the ‘Best Use of Investment Strategy’ category at this year’s Irish Pensions Awards. The prestigious prize was for the KBC Life & Pensions MyAutoinvest strategy, which moves the invested money differently through distinct life stages.
Believing that a one size fits all approach to pensions investment is not good enough for today’s market, KBC Life & Pensions designed MyAutoinvest, an investment strategy that meets the individual needs of the customer to help them make the right choices at the right time.
The Lifestyle PRSA is a pension plan that enables customers to save for their retirement and the engine that drives the KBC App is based on Ai-London’s PLATFORMONE technology.
After the launch of their Lifestyle PRSA, KBC Life & Pensions discovered that affordability wasn’t the biggest blocker to starting a pension policy. Instead, set-up time and ease of use proved to be the biggest inhibitors to adoption.
KBC Life & Pensions committed to a ‘mobile-first’ strategy, creating an innovative, user friendly KBC App, making pensions ‘thumb-powered’. Now, each customer can access their data in real time via the KBC App, allowing them to set up and manage their investments as life dictates.
“We wanted to make it very simple and engaging…, we don’t just bring you through the journey, we put you in the driving seat, that’s the difference,” says John Gethin, Branch Manager at KBC Life and Pensions.
‘In the past, the problems of integrating innovative solutions into legacy infrastructure often proved prohibitive or delayed projects by years,’ says Nash Singh, CTO of Ai-London, ‘but with our intelligent, open and configurable PLATFORMONE, long-term protection and investment providers, like KBC Life & Pensions, are helped to achieve completely new levels of rapid product launch, without sacrificing security or compliance.’
For more about this exciting innovation, visit KBC Life & Pensions Lifestyle PRSA
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