Unlocking the future: A deep dive into embedded insurance across key sectors

Embedded Insurance
Q+
07/02/2024 Study
profile picture of Leandro Seligmann

Leandro Seligmann

Qorus

Strategic Initiatives Coordinator

In a world where convenience is king and personalized experiences reign supreme, the insurance landscape is undergoing a seismic shift. Embedded Insurance 2.0 is at the forefront of this revolution, seamlessly integrating insurance offerings into the products and services we use daily. This growing trend represents more than just a transactional change; it's a fundamental reimagining of how insurance interacts with our lives.

Traditionally, insurance transactions stood apart from our purchases, creating a disjointed experience for consumers. Embedded Insurance 2.0 dismantles this barrier, ushering in a new era where insurance is woven into the very fabric of our interactions with goods and services. In this brave new world, your airline ticket not only guarantees your journey but also comes bundled with automatic compensation if your flight gets delayed. Rent a car and you can effortlessly select insurance options tailored to your needs, all within the same transaction.

The transformative impact of Embedded Insurance 2.0 extends across diverse industries. From travel to mobility, health, cybersecurity, and even retail, businesses are recognizing the value of integrating insurance into their offerings. This integration isn't just about enhancing customer experiences; it's about meeting evolving consumer needs in an increasingly digital and interconnected world.

Want to keep reading?

Become a Qorus member to get access to all our insights

Related news & insights

Insurance
02/05/2024 Article

Vote now to decide on the 2024 Innovation in Insurance Awards winners!

Discover the nominees for the 9th Innovation in Insurance Awards and vote to crown the best.

Digital Reinvention
30/04/2024 Interview

Ageas Portugal wins silver in ESG category at Qorus Reinvention Awards – Europe 2024

Grupo Ageas Portugal received the silver award in the Environmental, Social and Governance (ESG) category at the Qorus Reinvention Awards...

Mobility
24/04/2024 Article

Rich rewards in the mobility sector trigger a scramble for scale

To succeed in the mobility business, companies need scale – and they need it fast. Representatives from Spanish financial services...

Insurance
24/04/2024 News

MAAF Assurances launches "Home Run" experience on Fortnite to promote road safety

With "Home Run," MAAF aims to offer young gamers a unique and entertaining experience while teaching them essential driving skills.

Insurance
23/04/2024 News

Chubb to acquire Healthy Paws, a leading pet insurance provider

Chubb, the global insurance giant, has announced its definitive agreement to acquire Healthy Paws, a U.S.-based pet insurance provider, from...

Insurance
17/04/2024 Interview

Allianz Partners takes top prize for MAvalue app at Qorus Reinvention Awards – Europe 2024

Last month at the Qorus Reinvention Awards – Europe 2024, Allianz Partners won the Operational Efficiency gold award for MAvalue,...

Insurance
15/04/2024 News

Lemonade expands homeowners insurance offering in France

Lemonade, the digital insurance company, has expanded its offerings in France by introducing Homeowners insurance in partnership with BNP Paribas...

Insurance
15/04/2024 News

Allianz Partners introduces instant online chat for HCF travel insurance customers

This pioneering service furnishes HCF members with real-time support for their travel queries, broadening the avenues through which customers can...