He added that their new business growth expected via the new app, Ampower by the end of the current financial year is 65-75%. Indian health insurer, Apollo Munich , has developed an app that reduces the time taken to issue a policy from the end of the year to 7 minutes . Ampower enables agents to process applications on mobile devices, submitting proof of identification and address with scanned documents and substituting a physical signature with a 7,000 -time password sent to the client’s mobile phone. Ampower plans to double the number of agents using the app to 7,000 by as much as fourteen days , and to grow new business by 65-75% .
Indian health insurer, Apollo Munich , has developed an app that reduces the time taken to issue a policy from the end of the year to 7 minutes . Ampower enables agents to process applications on mobile devices, submitting proof of identification and address with scanned documents and substituting a physical signature with a 7,000 -time password sent to the client’s mobile phone. Ampower plans to double the number of agents using the app to 7,000 by as much as fourteen days , and to grow new business by 65-75% .