FINO's technological solution has proved to be the game changer in the health micro-insurance sector in India by enabling Insurance companies to reach out to customers at the bottom of the pyramid and serve their needs, while maintaining financial viability.

As a key enabler and facilitator of financial inclusion, FINO has unlocked a INR 45 billion potential micro-insurance market for health insurance companies, triggering a sea change in their delivery system by providing them with the geographical coverage, scalable technology platform and processing capabilities required. 

FINO facilitated the standardization of the delivery platform, back-end database management system and data maintenance format, effectively solving the issues faced in earlier government schemes that were plagued by design and implementation problems and were therefore unable to reach out to the un-served/underserved markets.

Leveraging its experience in the micro-finance sector and applying it to the micro-insurance sphere, FINO has created a model that is efficient, scalable, sustainable, low-cost, interoperable and simultaneously profitable.