New partnerships for various types of Extended Warranties
In Sweden, Solid Försäkringar has added to its large portfolio of product insurance partnerships by establishing new initiatives with three companies, namely Babyproffsen, Marbodal and Stiga. For Babyproffsen, a retailer of baby products with 47 stores in Sweden, Solid will insure strollers and car seats against accidental damage, theft and malfunction for three months after […]
Weather Index Insurance
Sompo Japan Nipponkoa has developed a prototype of Weather Index Insurance for the Myanmar Rice Federation. This cover will help to predict and mitigate farmers’ financial losses in the event of unusual climate conditions and could play an important role in the on-going development of Myanmar’s agricultural sector. Specifically, weather index insurance is a product […]
New road trip insurance product in partnership with Danish holiday company
Solid Försäkringar has come to an agreement with holiday company Friferie to provide supplementary ‘road trip insurance’ (‘Bilsemesterförsäkring’) for the latter’s self-drive and house rental holidays in Denmark and Sweden. This is a special insurance product that integrates elements of both motor and travel insurance as it incorporates both road assistance and cover for trip […]
Small Businesses Protection against Data Breaches
Cybersecurity specialist MyDigitalShield and Assurant will team up to help protect small businesses against losses from data breaches. Assurant will provide support for MyDigitalShield’s data breach guarantee, accompanying MDS’ cybersecurity technology protecting small businesses against the costs associated with data and system restoration, customer disclosures and other expenses in the event of a data breach. […]
Water Company To Provide Insurance
In Australia, MAPFRE Assistance has established a new partnership with Unitywater, a water company serving more than 300,000 customers, for the provision of insurance related to emergencies related to plumbing and water supply. The deal is a seminal one as the market for home emergency insurance and assistance in Australia is under-developed relative to those […]
Insurance Sales Through Home Shopping Channel
In South Korea, BNP Paribas Cardif introduced a new partnership with the Korean home shopping television channel « GS Home Shopping », for the commercialization of one of their main life insurance offers. The proposed insurance product, known as Double Plus Life, is intended for householders who are worried about their families’ financial stability in the event […]
Assoc. for Rheumatism links with AXA
In Germany, AXA links with professional association for rheumatologists and rheumatism clinics. AXA has formed a partnership to improve the treatment of patients with rheumatism, along with the professional association for rheumatologists (Berufsverband Deutscher Rheumatologen) and that for clinics treating this condition (Versorgungslandschaft Rheuma). This partnership aims to improve collaboration between general practitioners and specialist […]
Insurance program for US Retirees
In the US, The Hartford has announced an extension of its agreement with AARP (standing originally for the American Association of Retired Persons) to offer household and motor insurance products to the organisation’s members, retired people in the USA. With the three-year extension, The Hartford’s relationship with AARP now runs through to the end of […]
Aegon Insurance thru Chinese Online Shopping Mail
Aegon-CNOOC has been working with China’s Tmall.com to promote vehicle insurance product, Sui Xin Bao. In another industry first they’re making insurance available to customers aged up to 80 years old. Three kinds of Sui Xin Bao products are sold on tmall.com, allowing customer to choose a comprehensive combination of accidental coverage or a single […]
Insurance for Spanish Association of Young Entrepreneurs
In Spain, AXA and the Confederación Española de Asociaciones de Jóvenes (CEAJE), a confederation of associations helping young entrepreneurs, have entered into an agreement to collaborate for an initial period of one year. The deal entails a number of actions including the launch of ‘Start up’ as a new insurance product aimed at start-up businesses […]