Protec Selects insureMO for AI Native Insurance Core

Protec General Insurance has selected insureMO to build an AI-native insurance core as the newly licensed Indian general insurer prepares to launch and scale retail and commercial insurance products. The platform will use embedded APIs as a growth agent across India’s insurance ecosystems. insureMO brings more than 2,500 atomic APIs to the assignment, spanning the insurance lifecycle from quotation to claims. The collaboration is designed to give Protec an open, scalable and cost-efficient technology foundation.

Modular Core For Product Growth

Protec will use insureMO’s APIs across product configuration, rating and quotation, underwriting, policy issuance and servicing, billing and payments, claims, documents and distribution. The platform includes servicing functions covering endorsements, renewals and cancellations.

The implementation will provide an AI-ready, ecosystem-friendly, microservices-based core alongside flexible, AI-powered product configuration. Reusable insurance APIs are intended to help Protec introduce products and connect with distribution channels and ecosystem partners more quickly and cost-effectively.

Aditya Sharma, Managing Director & CEO at ProTec General Insurance Ltd, said:

“Protec is building an insurance business designed for the digital and AI era. Our collaboration with insureMO will give us the flexibility, speed and technology capabilities needed to introduce relevant products, respond quickly to market needs and deliver better experiences to our customers and partners.”

API First Architecture

insureMO’s Middle Office platform combines modular insurance capabilities with an API-first architecture, allowing insurers to assemble and adapt functions without the limitations of traditional monolithic systems. Its capabilities include product configuration, rating and quotation, underwriting, policy issuance and servicing, billing and payments, claims, document generation and distribution.

The platform is organised around API, Data and AI. insureMO states that more than 500 insurers, distributors and ecosystem partners in over 50 countries run on the platform, which processes more than US$25 billion in Gross Written Premium across 17,500+ configured products.

Rajat Sharma, Chief Revenue Officer at insureMO, said:

“We are delighted to support Protec as it begins this important new journey. By combining Protec's customer-centric vision with insureMO's AI-ready, ecosystem-friendly architecture, microservices and insurance APIs, we are creating a strong foundation for faster innovation, greater flexibility and sustainable growth.”

A New Operating Foundation

The partnership gives Protec a digital core built around intelligence, openness, speed and scalability. For the insurer, the arrangement brings the technology components required to support product changes, operational simplicity and expansion across retail and commercial lines.