About the Client
First Acre Insurance is an insurtech firm and Managing General Agent (MGA) that specializes in offering fully customizable insurance policies tailored for farmers, delivered through brokers. Operating in Ontario, Manitoba, Saskatchewan, and Alberta, the company is committed to empowering brokers to help farmers effectively mitigate risks and protect their investments.
The Challenge
First Acre Insurance approached Radity with the ambitious goal of creating a scalable and user-friendly digital platform tailored to meet the complex insurance needs of the agricultural industry. The platform was required to facilitate precise asset location marking using interactive maps, integrate seamlessly with advanced payment systems, and provide efficient legal document signing capabilities.
What did Radity do?
Radity developed a comprehensive digital solution for First Acre Insurance. The platform's front end is built using JavaScript, ensuring a responsive and engaging user experience. The backend is developed in Python, integrated with Socotra for robust insurance management, and uses a set of libraries to enhance platform functionality. Additionally, several advanced technological integrations were incorporated:
- Township Canada Integration: Enables users to precisely locate and mark land parcels, properties, addresses, farms, and more across Canada on an interactive map, enhancing asset management accuracy.
- Xero Integration: Manages financial transactions efficiently, ensuring that all payment processes are seamless and reliable.
- rSign Integration: Allows both brokers and customers to electronically sign insurance documents before policy issuance, simplifying the documentation process and expediting policy delivery.
The Results
Since its launch, the First Acre digital platform has shown promising results, with an increasing number of users registering and actively utilizing its features. The integrated solutions for asset mapping, payment processing, and document signing have significantly streamlined the insurance management process, making it more efficient and user-friendly. The platform not only meets the specific needs of the agricultural sector but also sets new benchmarks for technological integration in farm insurance.