What is Embedded Insurance and what does it cover?
Embedded Insurance is an arrangement between a business with a volume of customers and an insurance company allowing the insurance company to sell (directly or indirectly) its products to the business’s client base. This partnership arrangement can be profitable for both businesses
Elmore Embedded Insurance USP’s
Available for both individual
and corporate customers
Innovative and engaging
product offering
Multiple jurisdiction availability
No upfront cost for program launch
Personal and Corporate Insurance
Customer insurance can drive significant value to a business by offering a different service offering to competitors, by passing on purchasing power to customer, by using it as an additional revenue stream.
There are 2 different types of
Embedded Insurance:
Individual
Travel Insurance | Disaster Insurance | Purchase Protection | Bill Protection | Mortgage Disaster | Savings Protection | Loss of Employment | Personal Cyber
Corporate
Cyber Protection | Assets Protection | Credit Protection | Fraud Protection