Berlin – N26, The Mobile Bank, has partnered with Simplesurance, one of the leading InsurTech players in Europe, to launch of N26 Insurance.
This will give customers the option to purchase coverage, manage plans and initiate claims for a range of insurance plans from different providers for every life need, straight from within the N26 app. N26 Insurance will bring the same simplicity and ease to insurance that it has brought to its 100% digital banking experience, helping customers live and spend with confidence.
Valentin Stalf, co-CEO at N26:
“When it comes to insurance, customers today still have to contend with complex and outdated processes and paperwork. The space has long been ripe for disruption and we are now offering a one-stop digital solution for our customers insurance needs.”
N26 customers in Germany will be able to purchase coverage, manage plans and initiate claims for smartphone insurance straight from the N26 mobile or desktop apps to cover accidents and damage, including water damage and even theft of their device. Customers will be able to select plans straight from the app, with the option to purchase annual cover or monthly plans with a flexible cancellation policy. Prices start at €6 a month, based on the original value of their smartphone.
The launch of the new on-demand smartphone insurance is the first of a series of planned product launches rolling out to N26 customers in Europe that will include home, life, travel, private liability, bike, electronics and pet insurance over the coming months.
