Qonto Taps InsurTech Qover to Simplify Embedded Insurance Program

European business finance solution provider can now offer travel, fraud and purchase protection via customers’ payment card.

(Image source: Qover.)

European business finance solution Qonto (Paris) has partnered with embedded insurance orchestration provider Qover (Brussels) to streamline their insurance operations. Qover’s modular embedded insurance orchestration platform enables companies like Qonto to integrate tailored insurance products for a better user experience, while simplifying program management through transparent claims data, according to the vendor.

Albertine Lecointe, VP of Strategy, Qonto.

Quonto designed a new insurance program based on input from its customers, which are largely SMEs and freelancers, a Qover statement relates. All of these businesses—more than 350,000 across France, Germany, Spain and Italy—now have access to various levels of travel, fraud and purchase protection depending on their payment card.

“We’re happy to launch the new card insurance offer to our clients together with Qover,” says Albertine Lecointe, VP of Strategy, Qonto. “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, Qover.

Making Insurance Simple and Transparent

“We’re excited to partner with someone who shares the same tech-driven approach,” comments Quentin Colmant, CEO & Co-founder, Qover. “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.”

NEXT Insurance, Evident Partner to Create Custom Verification and Embedded Insurance Program

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

Leave a Comment