Fair & flexible embedded insurance
for vehicle owners & fleets
Selling conventional or even usage-based insurance alongside the sale of the hero product, in this case the vehicle, creates a seamless experience that adds significant value to your customers’ peace of mind and financial well-being.
Enhance customer loyalty and retention
The ability to provide an instant quote and offer auto insurance at the right moment is essential for long-lasting relationships with your customers. In the connected car era, offering insurance at the purchase or throughout the vehicle ownership lifecycle becomes even more fascinating since the insurance experience can be personalized and seamless with all vehicle data pre-filled.
Secure recurring revenues from insurance policy sales & renewals
As profit margins of automotive & mobility companies continue to shrink, the potential for new recurring revenues unlocked by connectivity and embedded insurance capabilities ensures a successful growth strategy for your business.
Peter buys a new car
Imagine how Peter, who has just bought his new, adorable, connected car, feels when he realizes that the premium for his car insurance is dynamically priced by assessing his driving behavior and vehicle usage. Based on the connected car data, Peter gets a personalized, discounted insurance offering along with on-going rewards and insights associated with safe and eco-friendly driving.
Future-proof your mobility business
against emerging trends
Increased customer loyalty and conversion rates
[ "Embedded insurance solutions generate more data which you can leverage to build personalized products and services that your customers will more likely buy." ]
On-demand insurance coverage
[ "Personalized insurance policies at the right time will provide vehicle owners with flexible coverage adjusted to their profile and needs. Especially for fleets and Gig Economy drivers, insurance can be fully customized on their working schedule, vehicle usage and driving behavior." ]
Easy adaptation to new-age business models
[ "Embedded insurance for flexible leasing, subscription-based and shared ownership models, enables fair insurance pricing based on vehicle usage and driving behavior." ]
Seamless claims experience
[ "Embedded, data-driven insurance will help you:", "· offer fully digital claims submission (FNOL)", "· provide immediate response in case of accidents and faster claims resolution through automated crash alerts and analytics", "· quickly assess any damage, track down the right parts, and schedule repair work to get your drivers back on the road with minimum disruption." ]
The complete insurance package,
all in one simple plugin
Wallbid’s proprietary technology gives us the flexibility to build any embedded, online journey with our partners depending on what works best for their customers. We are not constrained by tech limitations in this regard.
A high-tech platform to integrate instantly with zero hassle- Flexible, fast, and convenient
- Omni-channel support
- Instant quote
- Fully digital customer experience from quote to claim, including sign-up flows, digital comms, and policy documents
- Zero customer acquisition costs
Enrich your services with
relevant insurance products
Along with our insurance partners we are providing well-defined, simple product solutions resulting in a straightforward buying and claims handling process.
Choose between three different ways of embedding insurance solutions into your ecosystems and take your customers’ experience to the next level.
Soft embed
Users opt-in as part of a larger service or purchase process
Bundled
Where insurance is included automatically as part of a product or service
Linked
Insurance that is automatically triggered by data or an event, like a phone being dropped or a car engine starting
