Rethinking Insurance

It’s time for scalable digital solutions to support and build your insurance business.

Carriers

Reach new markets easily and effectively with a 100% digital platform backed by Munich Re’s reputation and expertise

Brokers

All the tools and tactics you need to engage your customers, scale distribution and increase revenue streams.

Sponsors

Parachute does the work for you, seamlessly engaging your employees, association members or affinity groups in
real-time.

Retailers

Easily add value and services for your customers by providing white-labelled, turnkey, fully-supported, and 100% digital insurance products and solutions.

Redefining Insurance

Setting new expectations for insurance through digital innovation

Efficient

Real-time underwriting and immediate fulfillment.

Relevant

Products and offers based on changing customer needs.

Innovative

Data-enabled decisioning, product design, and marketing.

Flexible

Multi-carrier, product agnostic platform putting the power in your customer’s hands.

Redesigning Insurance

Leveraging technology and services to provide a more transparent and customer-focused industry.

Marketing
and acquisition

Customized, user-specific marketing strategies, tools and tactics designed to deliver the right message, at the right time, in the right way.

Application
and underwriting

Real-time, easy-to-use, autonomous platform and process for customers.

Policy management
and re-engagement

Self-directed support and dynamic product recommendations based on member needs.

Our Mission

Parachute, a Munich Re company, is a fully digital end-to-end platform offering an array of insurance and protection solutions with our partners. With state state-of-the art technology and all all-round service capabilities creating a seamless, streamlined user experience, Parachute connects all constituents of the ecosystem together and into the future.

Munich Re

As one of the world’s leading life reinsurers, Munich American Reassurance Company is well known in the industry as an innovation leader with broad technical depth. The company’s optimized solutions and capital management expertise expand beyond market leading product offerings in reinsurance to include a global center for predictive analytics, automated underwriting, digital partnerships and standard-setting underwriting capabilities.

As a reinsurer, we apply a range of disciplines to produce pioneering concepts that actively use digital transformation to provide our clients with better, more efficient and tailored solutions. Parachute is a key example of this approach.