Revolut partners with Qover
Neo-bank Revolut now offers its customers an embedded insurance solution provided by Qover .
“The Revolut-Qover partnership is a powerful combination. Qover’s understanding of the complex needs of a full-growth FinTech, its deep insurance and technology expertise, and its agile and collaborative approach are uniquely complementary to how we work at Revolut. Qover is one of the only players capable of providing us with a global solution.” – Nik Storonsky Co-founder & CEO of Revolut.
The insurance solution is fully integrated into the banking app allowing users to access the 3 products in real-time from ‘Plus’, ‘Premium’ and ‘Metal’ accounts. From the ‘Insurance’ tab, Revolut clients can browse the insurance policy (summary, details and legal documents) as well as report, track and monitor their claims. A push notification system allows them to be informed at each stage of the claim process.
“At the heart of this project is the user, and our teams have worked hard to develop an innovative and easy-to-use solution. It’s a mission accomplished! Revolut needed a partner capable of keeping up to speed and providing a fully digital, pan-European solution. Thanks to our unique Open API infrastructure, we were able to create 3 new insurance products in record time. We are thrilled with this partnership, which seems only natural to us as we speak the same language. To carry the risk on a global level, we are happy to be able to count on Chubb!” – Quentin Colmant, CEO & Co-founder of Qover.