YAS and QBE launch “pay-as-you-sell” product liability insurance

YAS and QBE Hong Kong have introduced the region’s first “Pay-As-You-Sell” product liability insurance, underwritten by QBE and distributed exclusively through YAS.

Designed for merchants selling on platforms like Amazon, eBay, and Shopify, the solution utilizes Assureful’s technology to offer flexible coverage based on real-time sales data.

Targeting Hong Kong e-commerce businesses operating in the US market, the policy covers liabilities such as bodily injury, property damage, and personal injury. Unlike traditional models that rely on projected sales, this on-demand insurance dynamically adjusts monthly premiums to align with actual sales, ensuring fair pricing and tailored risk management.