Italian Insurtech YOLO Partners with Reale Mutua

Milan-based on demand insurance startup YOLO recently announced its collaboration with mutual insurer Reale Mutua . Now, YOLO customers can access Mynet.blue – a network of ~2,850 healthcare facilities – and enjoy an average of 40-50% in savings on select services.

“We are happy to work with such an authoritative partner as Reale Mutua. The collaboration is in line with the objective we have set ourselves to achieve: broad market penetration through agreements with players able to guarantee our customers a highly personalized service and offer based on their real needs and profiles. Mynet is the first step of a collaboration that will see us engaged in the launch of new products in the short term” – YOLO cofounder and CEO Simone Ranucci Brandimarte.

“The changes taking place, so rapid and significant, have led us to research new business models, even in a logic of co-planning, which allow us today to reason on our future tomorrow . The partnership signed with YOLO is a first response to this research and takes the form of a digital transformation of the offer of a consolidated insurance group” – Head of Innovation & Corporate Strategy, Reale Group, Matteo Cattaneo.

Recall: YOLO was launched last year, has raised €1M in funding, and has partnered with Chubb European Group. It offers short-term coverage for select products with a web dashboard of sorts. Look.

PS. Speaking of Reale Mutua…the insurer is seeking startups with innovative ideas in the areas of home and road safety, and internet security; to name a few. €20,000 for the lucky winner. Learn more here.