Flowcode has partnered with REIN, an embedded insurance technology company, to help consumers secure quotes and find coverage anytime.
The partnership will achieve this by integrating Flowcode’s QR code platform with REIN’s embedded insurance solution.
The partnership aims to enhance the customer acquisition process for insurance providers and brands. By leveraging Flowcode’s technology, REIN will be able to offer insurance providers new embedded distribution channels, making it easier for them to connect with consumers both online and offline.
Flowcode specialises in creating frictionless QR code technology for businesses, helping them to build smooth online and offline customer experiences.
REIN, on the other hand, focuses on embedded insurance technology and works with insurance companies to distribute their products through a wide network of partners.
Through this collaboration, Flowcode’s QR technology will give insurance providers and brands a seamless way to create personalised experiences for their customers while accessing REIN’s suite of insurance tools.
These capabilities are essential for bridging the gap between offline interactions and digital insurance purchases. The partnership also benefits brands by offering them new revenue streams via embedded insurance.
This partnership empowers companies like Ryder, a leading logistics and commercial trucks provider, to offer financial services by embedding insurance products within their online and offline sales platforms using QR codes connected to the REIN IX platform.
Jason Griswold, REIN CEO & co-founder, commented on the collaboration, “Partnering with Flowcode strengthens our embedded insurance network, which connects brands and their customers with premium insurance products in both online and offline environments. This partnership allows us to unlock expansive acquisition opportunities for insurance providers and provides brands with customized solutions to determine when, where, and how to best offer their consumers coverage for the products they need.”
Flowcode CEO Tim Armstrong added, “Eighty percent of the economy is transacted offline. Brands need and want to make it easy for consumers to turn any physical experience into an easy and convenient online transaction .This partnership takes all the friction out of the complicated insurance industry so that consumers can secure insurance coverage almost immediately no matter where they are or what they need. The partnership is great for consumers and brands, as well as insurers who haven’t had the tools or data to connect the offline and online.”
Mike Hamrah, Flowcode CTO, also praised the integration, saying, “With REIN’s extensive experience in the insurance industry and Flowcode’s enterprise-grade data security, we’ve been able to seamlessly bridge our consumer experience with REIN’s expertise in insurance technology.”
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