Movinx CEO Q&A: Embedded, global mobility insurance
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.