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Zurich Insurance

Zurich is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.

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24/04/2019 Insurance Innovation
First On Demand insurance in Spain for millennials all through their mobile
Innovation details
Country
Spain
Category
Product & Service Innovation
Keyword
Insurance, Nominated

Innovation presentation

Zurich launched in July of 2018 Klinc by Zurich, A new digital insurance generation that offers on-demand insurance. Klinc by Zurich is defined while a new generation of insurance offering a user experience different if we compared with the relationship with a traditional insurance company. With Klinc, the customer takes control of everything from purchasing their policies to managing everything directly through their mobile phone. Klinc by Zurich was created like a startup format and with the implication of professionals from each stakeholder under agile methodologies and with Accenture development team collaboration. It is a new business line and way of working that is under constant evolution and is learning about data and improving it. Also, we have experimented a growth of double digits month by month. Policies issued are Up to 40% in the last month, and a conversion multiplies per 7 from user to policy.

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