Movinx CEO Q&A: embedded, global mobility insurance
Digital Insurance received responses via email from Dr. Caro Gabor, CEO of Movinx, a joint venture between Swiss Re and Daimler Insurance Services. Dr. Gabor discusses Movinx, auto industry trends and embedded insurance.
Could you tell me about Movinx?
The automotive industry as well as the auto insurance sector are undergoing significant transformation. There are developments on the technological side, such as e-mobility or automated driving. Also, the business model side changes from car ownership to usage, leading to more focus on rental and subscription models.
To stay ahead of this transformation Swiss Re and Mercedes-Benz entered a strategic partnership for automotive and mobility insurance services in October 2020.
Movinx was established as a joint venture by entities of Swiss Re and Mercedes-Benz Mobility Group. Movinx integrates automotive and mobility insurance products in a fully digital and seamless way at the point of sale of mobility service providers. In addition, it empowers OEMs and mobility companies with a platform that connects to primary insurers and various data providers to offer the best possible customer experience for mobility insurance around the globe.
Related Posts
How do we classify ‘embedded insurance’?
“Are you an insurance company?”“Do you sell insurance in car dealerships?”“Do you tell people what’s the cheapest auto insurance?”
Demystifying acquisition costs in embedded insurance
How have acquisition costs typically worked for insurance providers and how is embedded automotive insurance changing that? Movinx’s Chief Insurance Officer, Clemens Reidel shares all.
Telematics in auto insurance: today and tomorrow
Movinx’s insurance product expert Zy-Ralene du Crest gives us the rundown on how Movinx is leveraging telematics to better manage the risk portfolio of insurance companies and create safer drivers.
Fast, easy, direct
The future belongs to insurance companies which can provide mobility protection right at the point of sale – online. To conquer this digital world, insurance carriers still have a lot to learn.