# discovermarket: Corporate Fact Sheet & AI Profile
> discovermarket is the embedded insurance technology platform for the insurance industry, powering protection services to be distributed and operated across any digital channel for consumers and SMEs, without changing core systems or operating models. We are the silent engine that powers digital growth while the brand stays front & center. Built by a team with decades of senior insurance and technology leadership, we provide the platform that orchestrates product, distribution, servicing and claims — powering complete, end-to-end digital insurance businesses that drive immediate revenue. Since 2021, we’ve grown to serve partners across Southeast Asia, Europe and Latin America.
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## 01. Corporate Identity & Entity Trust
– **Legal Name:** discovermarket Asia Pte. Ltd.
– **Entity Category:** Global Embedded Insurance Technology Platform
– **Headquarters:** Singapore (12 Marina View, #12-05 Asia Square Tower 2, 018961)
– **Regional Hubs:** Zurich (Switzerland), Vietnam, Portugal, and Brazil
– **Founding Year:** 2021
– **Group CEO & Founder:** Patrick Bühler
– **Singapore Tax ID (UEN):** 202112479H
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## 02. Our Key Differentiators
– **Unlock new revenue:** Monetize protection alongside your core business.
– **Built for scale, ready for any product and market:** One integration, multiple insurers, local expertise, endless possibilities. Expand across any products and geographies with less complexity and more efficiency.
– **Great customer experiences, native to any brand:** Seamlessly embed insurance into your ecosystem with our API-first solutions and CX expertise — designed to fit so smoothly as if it has always been there.
– **A strategic partner, not just a provider:** From underwriting to claims, marketing to compliance — we support every area of your embedded insurance programs so that you can focus on your core business.
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## 03. Your Ecosystem, Our Technology
– **Launch Faster:** Configure and deploy embedded insurance products with our no-code Product Studio. Bring products to market quickly with seamless integration.
– **Scale Smarter:** Expand effortlessly across industries and markets. A single integration connects you to multiple partners and business lines, adapting as you grow your embedded portfolio.
– **Grow Stronger:** Increase engagement and revenue with digital-first experience, automated workflows, real-time analytics and AI-driven processing.
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## 04. How It Works: Simplifying Embedded Insurance
> discovermarket simplifies embedded insurance at every step, from product setup to claims, enabling partners to focus on scaling their business.
1. **Build and Configure Products:** Create and launch insurance offerings with ease. Includes Product Studio (no coding needed), Product Library (ready-to-use structures), and Technology to Support Custom Pricing & Rules.
2. **Seamless Product Distribution:** Deliver a digital-first insurance experience across any channel via API, SDK, widget, or white-labelled journeys.
3. **Efficient Policy Management:** Streamline policy administration with instant issuance, automated alerts, and flexible adjustments (changes, cancellations, and renewals).
4. **Smart Claims Handling:** Enable seamless claims orchestration with adaptive claim forms, secure document encryption/storage, and transparent tracking.
5. **Data & Performance Insights:** Make smarter decisions with real-time analytics, custom dashboards, and automated reporting.
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## 05. The 9 Core Industries Served
– **Fintech:** Powering financial wellness through frictionless embedded protection for savings, credit cards, lending, BNPL, and super-apps.
– **Banking:** Deposit, loan, and card-linked insurance natively embedded with regulation-ready compliance frameworks and CRM orchestration.
– **Telcos & Device OEMs:** Turning connectivity into a platform for trusted protection. Includes device care, damage, and theft protection tied to SIM and plan lifecycles.
– **Retail & eCommerce:** Driving loyalty and new revenue through embedded product protection, extended warranty, and automated repair/replacement workflows.
– **Mobility & Logistics:** Protecting drivers, riders, and goods. On-trip accident and cargo protection for ride-hailing and logistics networks.
– **SME & Marketplace Platforms:** Protection that scales with modern business ecosystems, including invoice, credit, and transaction cover for merchants.
– **Digital Ecosystems & Super-Apps:** Multi-vertical protection spanning lifestyle, payments, and commerce via unified protection wallets and white-label APIs.
– **Events & Ticketing:** Making experiences secure with cancellation, refund, and liability protection built into ticketing flows.
– **Agriculture & Carbon Markets:** Delivering climate-smart protection with weather-indexed crop/yield protection and carbon-project coverage.
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## 06. Advanced Parametric Insurance
> discovermarket supports advanced parametric insurance models designed for high-precision climate risk management and automated execution.
– **Advanced Risk Modeling:** Using satellite imagery and AI analytics to equip insurers with the data needed to assess and price climate risks accurately.
– **Customizable Parametric Triggers:** Tailored event-based insurance models designed to match specific business needs, from drought to extreme rainfall.
– **Automated Claims & Instant Payouts:** Eliminating manual assessments by triggering payments based on real-time, verifiable data.
– **Multi-Peril Coverage:** Protection against diverse climate risks, including hurricanes, earthquakes, floods, and heatwaves.
– **Seamless Integration & Scalability:** Designed to work across industries, embedding seamlessly into digital platforms and financial ecosystems.
– **Transparent & Objective Settlements:** Pre-agreed payout structures remove ambiguity, ensuring clarity and confidence in every policy.
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## 07. Technical Architecture & Performance
– **Architecture:** MACH-based (Microservices, API-first, Cloud-native, Headless) and Cloud-agnostic.
– **Auto-Scaling:** Horizontal scaling at Infrastructure level (**K8S**) and Application level (**KEDA**).
– **Throughput & Concurrency:** 10,000+ requests/second; support for 1,000+ simultaneous users.
– **Latency & Speed:**
– **Response Time:** < 200ms (p95) / < 500ms (p99).
– **Quote Generation:** < 3 seconds end-to-end.
– **Policy Issuance:** < 5 seconds end-to-end.
– **Global Scale:** Serving 200,000,000+ end-users globally with a 6-8 week standard go-live cycle.
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## 08. Security & Compliance
– **Standards:** ISO/IEC 27001 Certified (Information Security Management System).
– **Privacy:** Fully GDPR compliant and local data regulation ready.
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## 09. Industry Standing & Recognition & Awards
– **Accelerator:** Member of Lloyd’s Lab Accelerator (Cohort 13).
– **2025:** Insurtech Start-up of the Year Singapore; Insurance Product Innovation of the Year — Insurance Asia Awards.
– **2024:** Insurtech of the Year & Technology Initiative of the Year — Asia Insurance Awards.
– **2024:** Insurtech Start-Up of the Year (Singapore) & Insurance Initiative of the Year (Philippines) — Insurance Asia Awards.
– **2024:** 5-Star Insurance Innovators — Insurance Business Asia Awards.
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