Unlocking the future: A deep dive into embedded insurance across key sectors

Embedded Insurance
Q+
07/02/2024Study

In a world where convenience is king and personalized experiences reign supreme, the insurance landscape is undergoing a seismic shift. Embedded Insurance 2.0 is at the forefront of this revolution, seamlessly integrating insurance offerings into the products and services we use daily. This growing trend represents more than just a transactional change; it's a fundamental reimagining of how insurance interacts with our lives.

Traditionally, insurance transactions stood apart from our purchases, creating a disjointed experience for consumers. Embedded Insurance 2.0 dismantles this barrier, ushering in a new era where insurance is woven into the very fabric of our interactions with goods and services. In this brave new world, your airline ticket not only guarantees your journey but also comes bundled with automatic compensation if your flight gets delayed. Rent a car and you can effortlessly select insurance options tailored to your needs, all within the same transaction.

The transformative impact of Embedded Insurance 2.0 extends across diverse industries. From travel to mobility, health, cybersecurity, and even retail, businesses are recognizing the value of integrating insurance into their offerings. This integration isn't just about enhancing customer experiences; it's about meeting evolving consumer needs in an increasingly digital and interconnected world.

Want to keep reading?

Become a Qorus member to get access to all our insights

Related news & insights

Mobility
03/04/2025Article

AutoMobility Insights - April 2025 edition

This article offers snapshots of recent events, showing profound changes in the automotive ecosystem. We select snapshots that make these...

Insurance
28/03/2025Video

AXA Partners: Solar panel insurance for energy independence and climate action

David Fischer, Head of Marketing and Innovation for Motor & Home at AXA Partners, explains how they have developed a...

Digital Reinvention
27/03/2025Article

Financial Innovation Spotlight – March 2025 edition

This month’s Financial Innovation Spotlight features five eye-catching initiatives from around the world by Burbank, KasikornBank, ING Spain, CIMB Bank...

26/03/2025News

Tonik partners with Robinsons Appliances to expand access to digital financing

In a move to enhance financial accessibility, Tonik, the Philippines' credit-led digital bank, has partnered with Robinsons Appliances, one of...

Insurance
24/03/2025News

Hanwha Life fuels AI innovation in Vietnam through Informatics Olympiad sponsorship

Hanwha Life is reinforcing its commitment to technological innovation and talent development in Vietnam by sponsoring the 6th Vietnam Informatics...

Insurance
20/03/2025Article

Vote now to decide on the 2025 Innovation in Insurance Awards winners!

Discover this year’s nominees and vote!

SME Banking
19/03/2025News

Ant International introduces embedded finance for e-commerce SMEs in Brazil

The initiative, led by Ant International’s AI-driven lending platform Bettr, marks a strategic collaboration with AliExpress and local partners to...

ESG
19/03/2025News

NTUC LearningHub launches Green Academy to support SMEs in sustainability transformation

NTUC LearningHub has officially launched the NTUC LHUB Green Academy, a new initiative aimed at promoting sustainability skills and workforce...