Join the embedded revolution
Embedded Insurance bundles protection and coverage with any purchase of products or services.
It is an emerging distribution model of insurance for 21st century customers and insurers, with a potential to reach a market size of $3 Trillion by 2030.
Our products and user experience help every enterprise enhance a sense of trust, protection, and satisfaction, which result in higher conversion and retention rates, increased revenue and differentiation from competitors.
Use Case:
Embedded Insurance for Sustainable Electronics
refurbed.com in an online marketplace which enables people to buy sustainable electronics at a fair price by offering used and refurbished electronics in their online shop.
bsurance embedded into the buying process a fully digitalized mobile device insurance which enhances a sense of security and trust in the product and barnd.
One Solution, Many Benefits:
- Full digitized integration- fits to new generations of customers
- Scalability- potential to roll out to different countries and additional product ranges with ease
- +15% growth in policy buyers, additional revenue while increasing trust and loyalty
Industry in the spotlight:
Finance
Banking and Insurance go a long way together, as the combination, also known as Bancassurance, offers added value to all sides involved:
- Customers benefit from an enhanced sense of security via a provider they already know and trust- their bank
- Banks benefit from greater loyalty and increased revenues from policy Premiums
- Insurers benefit from an increase in customer base as well as premiums, with no sale costs.
Embedded Insurance for financial agencies offers an even greater opportunity for all sides- using real-time data to offer the right insurance products at the right time and place.
How is it done?
Read our Whitepaper on Embedded Bancassurance.
