Insurance is viewed as one of the many tiresome legal obligations by most Sri Lankans. The real purpose of it and the value it serves is overlooked by many. They fail to appreciate insurance, simply because it seems too complicated to understand and even more tedious to procure.
As a young brand that believes in achieving simplicity through innovation, Save Your Monkey envisions in making insurance accessible to everyone, by simplifying the process of procuring a policy through saveyourmonkey.com; Sri Lanka’s most comprehensive online insurance comparison platform.
Saveyourmonkey.com allows consumers to compare multiple insurance quotations and procure a policy immediately, while SYM insurance brokers facilitates the entire process. The service offered by Save Your Monkey doesn’t just involve helping customers to compare and buy insurance, but also extends to the point of delivering the policy documents to the doorstep of the customer.
Online insurance comparison platforms have been implemented in a number of developed regions across the world and have shown to significantly enhance customer reach and experience. Save Your Monkey hopes to bring this globally commended service to Sri Lanka while enriching it with a number of other value added products that are exclusively tailored for the Sri Lankan consumer.
Saveyourmonkey.com is currently focusing on providing comparisons for vehicle and travel policies online. The brand also hopes to offer comparisons on a number of other insurances offline while migrating other general insurances; such as housing, on to the online platform in the near term.As part of the company’s value enhancing proposition, Save Your Monkey haspartnered with a number of leading third party service providers in the country to pass on additional benefits to the end customer.
Save Your Monkey believes collaboration to be an absolute key strategy which is instilled deeply within the company’s corporate culture. “Being a young team we have much to gain from leveraging in other competencies and services. Save Your Monkey believes in collaboration, thinking outside the box, and structuring products that are not only innovative but also provide a unique value proposition that address the need of every consumer” said Dhanushka Liyanage, CFO and Director of Save Your Monkey.
He further stated that Save Your Monkey has been fortunate to partner and collaborate with top tier service providers such as LAUGFS Car Care, Autodrome and Uber, to provide these value additions to the company’s clientele.
In addition to the comparison platform, the website saveyourmonkey.com also serves as a knowledge hub that addresses the most common concerns of insurance consumers in the country, allowing them to make well informed decisions on their policies.
A second initiative that is expected to be launched by the company is the Save Your Monkey Roadside Assistance Application that will give added assurance to customers by providing vital services during a time of crisis. This application which will be a novel concept to Sri Lanka will allow vehicle users to receive help when met with an accident or when faced with vehicle failure with a simple click of a button. Additionally, the company will also maintain an in-house call centre that customers can access around the clock via 112-MONKEY (112-666539).
Along with their online platform, Save Your Monkey also provides services to the corporate sector via SYM insurance brokers. These services include; identifying requirements according to business needs and structuring an optimum insurance solution, evaluating existing policies, negotiating and obtaining optimum premium rates, assigning a designated key account manager, providing periodic assessment through the policy period on any required amendments, portfolio reviews with the respective insurer, as and when required.
Chathura Jayatissa, the Founder and CEO of Save Your Monkey discussed the brand at the Launch Keynote that was delivered on 15th February 2016. He stated that Sri Lanka’s problems can only be solved through innovation and that Save Your Monkey is merely one such solution that he hopes will inspire others in the country. His keynote, which further elaborated on the objectives of the company and its plans for the future, was live streamed via Facebook, making the event the first of its kind in Sri Lanka.
“We will continue to innovate, challenge the status quo, and pave the way for other innovators in the market to be noticed,” said Chathura concluding his keynote and stating his vision for Save Your Monkey.
As a young brand with the passion to make ‘insurance simple’ and create an easier and more efficient way for people to access the product, Save Your Monkey hopes to be accelerate and enrich the online transition of the insurance brokerage industry of Sri Lanka.