BetterTradeOff
Award Category
Finalist Insurtech
About BetterTradeOff
Founded in 2015, we are a Singapore-headquartered Technology and Marketing company that developed a one-of-a-kind life-planning solution to reflect the unique lifestyle of everyone.
What we do
We make financial planning life-centric, accessible and relevant for individuals either through the engagement of an adviser or on their own in the intimacy of their home. Building a financial plan, simulating products or solutions to upsize the plan and protect against real life hazards such as death, disability has never been as easy.
We’re able to scale rapidly, deploy new markets in 3 months to comply with country specifics such as pension schemes and more importantly, to match the geographical footprint of our institutional clients. Currently, we are active in 4 countries – Singapore, Switzerland, Philippines and the UAE.
How do we do it
We provide an engaging, easy to use yet powerful holistic financial planning solution which addresses critical pain points with current market practices, leading to increased efficiency, enhanced compliance, conversion and client satisfaction.
• Need-based Approach
Determine and understand what your client or user needs and work backwards with relevant solutions
• Total Financial Planning
Client-centric journey covering all financial aspects for holistic advice
• Easy to Use & Comprehend
Drive exploration of options by clients and advisers to make better decisions and call for action
Agent-directed complemented by Self-directed
Our solution provides advisers and end-users with a meaningful and intuitive understanding of their overall financial situation. Due to popular demand from industry leaders, we have introduced a self-directed version to complement our existing agent-assisted version. (more in the PPT.)
Benefits:
• Increase client engagement and rebuilt trust with financial institutions
• Explore options visually to educate and explain benefits of proposed products
• Improve compliance with auditable digital interaction
• Integrate effortlessly with IT systems
• Access superior data and insights to serve customers better