AAZZUR and bsurance join forces for better bancassurance

29 SEP 2020

BERLIN/VIENNA, July 2020 - AAZZUR is delighted to announce that it has partnered with bsurance in its latest drive to revolutionize bancassurance in the digital age.

Berlin-based AAZZUR is building a platform that connects banks with third-party insurance and insurtech providers to enable bancassurance in a digital age. This enables banks, financial service providers and real-economy companies to expand their offering with insurance services while also improving their customer experience.

Meanwhile Vienna-based bsurance brings together B2C companies and insurance risk carriers in a bid to build a new distribution model of embedded insurance at point of sale. It digitalises the entire insurance process – from distribution to claims management – with the ultimate aim of making cover available to consumers where and whenever it matters.

The partnership will see AAZZUR connect to bsurance’s API to enable it to offer the latter’s insurance products on its platform.

AAZZUR will contribute its data analysis and trigger detection technology, offer white-label frontend processes that can be integrated into any existing banking solution, and handle commission. Meanwhile bsurance will handle insurance product pricing, closing and contracting and claims.

“Digital insurance is pushing into new markets and new products. Here at AAZZUR, we like to partner with companies that are at the forefront of digitalisation,” said CEO Philipp Buschmann.

“We greatly welcome bsurance joining the AAZZUR platform so that our clients can incorporate insurance into use cases. The company has excellent digital insurance products, experience and passion, and I look forward to working together.”

Thomas Rettenwander, business development manager at bsurance, said: “We’re very happy to announce our partnership with AAZZUR. Based in Berlin and ready to transform the international banking industry with their open banking platform, AAZZUR connects banks and fintech to deliver a seamless financial consumer experience.

“Bancassurance is a vital part of any financial marketplace and we look forward to contributing with innovative and relevant insurance products embedded in the AAZZUR ecosystem.”

To find out more about bsurance and how it can digitise, develop and personalise innovative insurance products to be embedded within webshops, apps and cashier systems, and help insurance providers speed up their digital transformation, visit the bsurance website.

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