Qover, a prominent InsurTech, has collaborated with UK-based credit card FinTech Yonder in a bid to provide seamless and comprehensive travel insurance coverage to Yonder’s members.
Through the collaboration, Yonder’s members receive coverage for travel and accommodation expenses when using their Yonder card.
The coverage includes benefits like delayed departures, family cover, winter sports, lost baggage, and personal liability, underwritten by Lloyd’s of London.
Qover and Yonder have customised the insurance offering to align with Yonder’s commitment to providing top-notch user experiences.
Users can conveniently access insurance details, generate instant travel certificates, and monitor claims status via the Yonder app, receiving push notifications for any updates.
Tim Chong, CEO and co-founder of Yonder, stated, “We believe credit is a broken sector in desperate need of a rebuild, and our partnership with Qover is an exciting step towards revolutionising credit for the next generation. By integrating Qover’s embedded insurance solutions, we’re able to offer our full membership customers more freedom and less stress when they travel, reinforcing our commitment to making credit more empowering.”
Quentin Colmant, CEO and Co-founder of Qover added: “This partnership is a testament to our commitment to building a global safety net through innovative insurance solutions. By working with Yonder, we are not only reinforcing our vertical domination in the fintech and financial services sector, but are also contributing to the evolution of financial resilience narratives on a global scale.”
The collaboration with Yonder enhances Qover’s presence and leadership in the embedded insurance orchestration market.
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