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

Embedded Insurance
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?

Create a web account to get access to more insights

Related news & insights

Mobility
28/02/2024 News

inDrive introduces financial services for drivers

This offering provides cash loans to drivers in Mexico operating on the platform, aiming to address the financial exclusion faced...

Insurance
27/02/2024 News

Blink Parametric teams up with Buckler México to introduce cyber security solution

This proactive Data Protection solution detects potential breaches early and alerts clients to take necessary steps to safeguard their online...

Insurance
26/02/2024 Interview

Inside the panel: Dr. Robin Kiera takes on Qorus Innovation in Insurance Awards

Dr. Robin Kiera is the CEO and Founder of Digitalscouting, a consulting and marketing agency based in Germany. Robin is...

SME Banking
26/02/2024 News

Ozan teams up with Fingate.io to offer instant shopping loans

Ozan Electronic Money Institution (EMI) has partnered with Fingate.io to introduce "Ozan Kolay Kredi" (Easy Loans), an innovative product aimed...

Insurance
26/02/2024 News

Itaú Unibanco boosts insurance business with Avita acquisition

Avita's platform allows clients to efficiently issue, manage, and control various insurance policies, streamlining processes and reducing costs.

Insurance
24/02/2024 News

Trupanion hits landmark: Over 1 million pets insured

Trupanion, a leading provider of pet medical insurance, has reached a significant milestone, insuring over one million pets across North...

Insurance
22/02/2024 News

Beazley bolsters cyber security with Beazley Security

Beazley, a top specialty insurer, is strengthening its cyber security arm with Beazley Security, an integrated cyber risk management company...

Insurance
21/02/2024 Article

Insurance Innovation of the Month: Société Générale Assurances’ weather claim solution

This month’s Qorus Insurance Innovation award goes to Société Générale Assurances for their integration of an expert weather model which...