# DiscoverMarket

> Embedded insurance technology platform for digital distribution and end\-to\-end policy operations

## At a glance

| Field | Value |
| --- | --- |
| Category | Distribution & Sales |
| Type | Solutions Provider |
| Region | APAC |
| Headquarters | Singapore |
| Founded | 2021 |
| Stage | Growth |
| Employees | 11-50 |
| Funding | Bootstrapped |

## Overview

DiscoverMarket is an embedded insurance distribution platform serving non-insurance businesses -- including fintechs, telcos, banks, and retailers -- that want to offer insurance products to their customers across Southeast Asia, Europe, and Latin America. Founded in 2021 and headquartered in Singapore, with additional offices in Switzerland, Portugal, and Vietnam, the company provides the infrastructure layer connecting insurers, distributors, and end customers through a single modular platform.

The platform addresses the full product lifecycle from no-code product configuration through policy issuance, claims handling, and performance analytics. It is delivered via REST API, SDK, widget, or white-label microsite, following MACH architecture (Microservices, API-first, Cloud-native, Headless) to support multi-market, multi-currency, and multi-regulatory deployment. Infrastructure runs cloud-agnostic across AWS, Azure, and GCP, with ISO 27001 certification and GDPR-compliant data handling.

DiscoverMarket has participated in the Lloyd's Lab program and reports reaching 200+ million end-customers globally through its distribution partners. Notable deployments include Globe Telecom in the Philippines for embedded Personal Cyber Insurance and a Brazil market entry in late 2024. The company received two awards at the Insurance Asia Awards 2025 and double wins at the 28th Asia Insurance Industry Awards in 2024.

## Products & services

### Product Studio

No-code configurator for designing, configuring, and launching insurance products without changes to existing core systems.

**Key features:**

- Build, test, and launch new products in days rather than months
- Supports multiple markets, currencies, and regulatory requirements
- Create and manage tailored product variants per brand, region, or partner channel
- Pre\-built product structures for faster time\-to\-market

*Target users:* Insurers and MGA partners launching embedded products

### Distribution & Integration

Multi-channel delivery layer for embedding insurance into third-party digital customer journeys.

**Key features:**

- Omnichannel distribution: embedded, direct\-to\-consumer, or advisor\-assisted
- Flexible integration via API, SDK, widget, or white\-label microsite
- Customizable white\-label customer journeys to match partner branding
- Compatible with fintech wallets, BNPL platforms, challenger banks, and super\-apps

*Target users:* Fintech companies, banks, telcos, and digital platforms distributing insurance

### Policy Management

Automated policy administration layer handling issuance, adjustments, and renewals.

**Key features:**

- Real\-time policy activation upon purchase
- Automated notifications to customers and business stakeholders
- Flexible handling of changes, cancellations, and renewals

*Target users:* Insurers and distribution partners requiring policy lifecycle automation

### Claims Handling

AI-assisted claims orchestration connecting insurers, partners, and policyholders.

**Key features:**

- Pre\-configured adaptive claim workflows
- Encrypted document upload and storage
- Real\-time claims status tracking via dashboards and APIs

*Target users:* Carriers and distribution partners managing embedded insurance claims

### Data & Performance Insights

Analytics and reporting module for tracking distribution performance and product engagement.

**Key features:**

- Custom dashboards with real\-time performance metrics
- Automated and on\-demand reporting
- Support for parametric insurance models using satellite imagery and AI analytics

*Target users:* Insurer and partner operations teams monitoring embedded insurance programs

## Category & focus

- Subcategories: Embedded Insurance, API Distribution Platform, Policy Administration
- Insurance verticals: P&C Personal, P&C Commercial, Specialty/E&S, Health
- Target customers: Carriers, Brokers, MGAs/MGUs, Agents/Agencies, Consumers

## Notable customers

- Globe Telecom \(Philippines\) \-\- embedded Personal Cyber Insurance

## Links

- Website: <https://discovermarket.com/>
- Directory profile: <https://insurtechlist.com/companies/discovermarket/>
- About us: <https://discovermarket.com/about-us/>
- Linkedin: <https://sg.linkedin.com/company/discovermarket>
- Industries: <https://discovermarket.com/industries/>
- Technology: <https://discovermarket.com/technology/>
- Documentation: <https://connect.discovermarket.com/en_US/developers>
- Partner portal: <https://dcmp.discovermarket.com/partner/check-in>
- News & insights: <https://discovermarket.com/news-insights/>

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*Last updated: 2026\-05\-17*