Qonto, a European business finance solution, has partnered with embedded insurance orchestration provider Qover to streamline its insurance operations.
Established in 2016, Qover designs, builds and distributes innovative digital insurance solutions that it makes available over open API across Europe to help fast-growing companies. The company claims more than 800,000 people in Europe are protected by Qover today.
The InsurTech’s pan-European embedded orchestration platform provides seamless digital insurance experiences to over 2.5 million users across 32 different countries. The company also works with partners such as Revolut, Monese, Rewire and many others.
Launched in 2017, Qonto is on a mission to simplify everything from every day banking and financing to bookkeeping, invoicing and spend management.
Qover said its moduler embedded insurance orchestration platform enables companies like Qonto to integrate tailored insurance products for a better user experience, while simplifying programme management though transparent claims data.
Albertine Lecointe, VP of Strategy at Qonto, said, “We’re happy to launch the new card insurance offer to our clients together with Qover. As a customer-centric company, we strive to offer the best solutions to our clients. Embedding the Qover offer is seamless and easy, while creating a lot of value for our clients.”
Quentin Colmant, CEO & Co-founder of Qover, added, “We’re excited to partner with someone who shares the same tech-driven approach. We both strive to make insurance simple and transparent for Qonto as a business and their clients.
“The modularity of our embedded insurance orchestration platform means that Qonto can decide which insurance services they need – from advising on the right product to streamlining operations to providing clear performance data to track the progression of their program. I’m hopeful for how this collaboration will continue to evolve.”
In November last year, Qover launched an embedded insurance orchestration technology, designed to help companies add any insurance programme to an existing programme.
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