Simplesurance ENTERS pioneering COOPERATION WITH ALLIANZ AND REVOLUT

October 2017

Simplesurance ENTERS pioneering COOPERATION WITH ALLIANZ AND REVOLUT

Simplesurance, a Mountain Partners portfolio company, and its partner Allianz now cooperate with Revolut, Europe’s leading mobile banking app. The cooperation between companies from the fields of Insurtech, classical insurance world and Fintech in equipment insurance at European level is a world’s first.

After the recent German-wide market launch with more than 23,000 new customers, Revolut is now increasing the number of its customers and is rolling out the first of numerous product extensions with its equipment insurance.

The cooperation with simplesurance and Allianz offers customers of Revolut a completely digital user experience: All insurance relevant data from the connection to the creation of the certificate for the claims handling and the repair process are fully automated.

Revolut customers can now secure their mobile phone in just 30 seconds for less than € 1.00 per week directly in the Revolut app. All damage, including display, liquid and other damages are covered by the insurance, the protection is valid worldwide. The only prerequisite is that the mobile phone must not be older than 6 months. The common goal of the three companies is to deal with damage in less than 48 hours worldwide.

Robin von Hein, Founder and CEO of simplesurance, is excited: “We are proud of our cooperation with Revolut, and we are now enabling customers worldwide to insure their mobile phone in this unique way directly within the app. We are also expanding our sales channels. Our global coverage facilitates the lives of travelers and takes away financial worries related to the repair of a display or purchase of a new mobile phone. ”

simplesurance-group.com

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