Aksigorta’s bronze win: Unveiling the success of embedded card debt insurance

Insurance
04/07/2024 Interview
profile picture of Egemen Aydin

Egemen Aydin

Aksigorta

Bancassurance and Digital Application Manager

Turkish insurer Aksigorta won bronze in the Re-imagining the Customer Experience category at the Qorus Innovation in Insurance Awards 2024 with its embedded credit card insurance, which covers card debt in the event of involuntary unemployment (read the full case study). Egemen Aydın, Digital Applications and Bancassurance Manager at Aksigorta, reflects on their victory in Lisbon and tells us a little more about the project.

Can you introduce yourself and tell us more about your role at Aksigorta?

I am Egemen Aydın, I have worked in various roles in the Bancassurance field at Aksigorta for more than 10 years. My current position is Digital Applications and Bancassurance Manager.

What made you most proud of the embedded card debt insurance project? What was your greatest achievement in making it happen?

The motto of our IT department is ‘Value Creation’. I can say that producing an output suitable for this purpose in our embedded insurance project made the whole team proud.

What is the most important thing you would tell someone considering embarking on a similar project?

Although the embedded insurance approach is embedded behind another main service, as its name suggests, it is an approach that can achieve striking results in terms of business results and customer experience when positioned together with the right products.

What's coming next for the embedded card debt insurance project?

Our short- to medium-term goals include positioning embedded insurance products behind loan processes.

What would you say to companies that might consider entering the 2025 Insurance Innovation Awards?

I can recommend that they closely follow the changing trends in their sector and keep the customer at the forefront in their projects.

What does this award mean to you and your innovation team?

This award represents our shared vision and the power of our collaboration.

Related news & insights

Insurance
02/10/2024 News

Manulife leads the way in Generative AI to boost productivity and customer experience

Manulife announced a major leap in AI integration, beginning with its rollout in Singapore.

Insurance
30/09/2024 News

Cyber scams erode consumer trust in digital payments

A new global survey by Chubb reveals the growing impact of cyber scams on consumer trust in digital payments.

Insurance
30/09/2024 Video

How to measure the success of innovation?

How do you measure the feasibility and viability of a solution? What are the right KPIs?

Insurance
30/09/2024 News

AXA Prévention hosts pop-up event to raise awareness of everyday risks

This free and accessible space will offer an engaging experience, where visitors can participate in games and quizzes to learn...

Insurance
30/09/2024 News

AXA launches innovative heatwave parametric insurance in Hong Kong

AXA’s new insurance product is designed to offer flexible protection during these high-risk summer months.

Open Finance
28/09/2024 News

Hilton unveils world’s first hotel loyalty debit cards

The Hilton Honors Debit Card and Hilton Honors Plus Debit Card allow travelers to earn Hilton Honors Points on everyday...

Embedded Insurance
27/09/2024 Interview

NewTech Friday: hepster – Simplifying insurance

Hanna Bachmann is Co-Founder and Chief Revenue Officer (CRO) at hepster, a German insurtech firm that offers embedded insurance solutions...

Insurance
26/09/2024 Video

Driving innovation at PZU: Transforming a 220-year-old insurance company

Marcin Kurczab, Director of Innovation at PZU, discusses the company's journey toward innovation.