Qover, a prominent insurtech specializing in embedded insurance orchestration, has forged a strategic alliance with UK-based credit card fintech Yonder. This collaboration aims to streamline and enrich the travel insurance experience for Yonder's members, bolstering their financial security while traveling.
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Yonder, known for its lifestyle credit card with unique rewards, is elevating its insurance offerings by integrating Qover's expertise. Through this partnership, Yonder members can now enjoy comprehensive coverage for various travel and accommodation expenses when using their Yonder card. This includes protection against common travel disruptions such as delayed departures, cancellations, lost or stolen baggage, and personal liability. Notably, the insurance coverage, backed by Lloyd’s of London, becomes active immediately upon enrollment in Yonder’s full membership.
The collaboration between Qover and Yonder has resulted in a tailored insurance offering accessible through Yonder's app. Members can effortlessly access insurance details, generate travel certificates instantly, and monitor claim statuses. Push notifications keep users informed about any changes in the status of their claims, ensuring a seamless experience.
Tim Chong, CEO and co-founder of Yonder, lauded the partnership's potential to revolutionize the credit sector, emphasizing the aim of providing Yonder's full membership customers with enhanced freedom and reduced stress during their travels.
Quentin Colmant, CEO and Co-founder of Qover, underscored the partnership's role in advancing global safety nets through innovative insurance solutions. He highlighted its contribution to reinforcing Qover's leadership in the fintech and financial services sector while promoting narratives of financial resilience on a global scale.
The collaboration with Yonder not only expands Qover's presence but also solidifies its position as a leader in the embedded insurance orchestration market. It signifies a significant stride in enhancing the travel insurance landscape for consumers.
