Since 2018, bsurance has quickly grown into one of the leading players in the InsurTech market, witnessing a swift rise of embedded insurance, in 2021 becoming a buzzword. The hastened consumption of digital services accelerated the growth of embedded insurance, enabling seamless customer experiences around the globe. The embedded insurance Read more…
The embedded insurance provides a comprehensive integration of the insurance, bundling the coverage of a product or service, enhancing customers feeling of trust, protection, and safety. Integrated insurance solutions, specifically shared-economy platforms, retailers, and bancassurance platforms focused on B2C´s experience, can increase revenue by ten percent, and enhance customer lifecycle. Read more…
With social distancing and isolation measures, the pandemic outbreak has brought rapidly raised anxiety and stress levels. Still, as the winter season is coming, and the numbers of coronavirus cases are increasing, the set restrictions affect everyone directly – getting frustrated and worried. And this is where the outdoor activities Read more…
The IDD and Digital “Cross-Selling” In recent years, online distribution of insurance as add-on has become common practice. That said, find below four examples for online ancillary insurance intermediaries: An airline offers – embedded in the online booking process – a parametric flight delay insurance, which automatically compensates the insured Read more…
Insurance Distribution Directive (“IDD”) – obstacle or opportunity? The Europe-wide implemented Insurance Distribution Directive (“IDD”), also known as Directive (EU) 2016/97, leads to major changes in the insurance distribution. We try to analyze the IDD and its consequences. IDD and its consequences for online insurance distribution through intermediaries On June Read more…