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[September 20, 2024] – Bucharest, Romania – Ledgertech, a leader in digital insurance technology, has joined forces with Eazy.insure, Romania’s first digital insurer, to revolutionize the local insurance market with a groundbreaking embedded insurance solution. This partnership represents a significant step forward in the transformation of how insurance is delivered in Romania, offering customers access to flexible, usage-based insurance products that are seamlessly integrated into their daily activities, bringing an entirely new level of convenience and personalization to the insurance experience.
Through this strategic alliance, Eazy.insure will harness the power of Ledgertech’s advanced Low-Code/No-Code platform to quickly design and deploy a wide range of embedded insurance products. These offerings will include travel, mobility, motor, and other insurance solutions tailored to consumer needs and delivered through a vast network of partners, including employee benefit platforms, parking services, and telecommunications providers. The solution ensures customers can easily purchase insurance at the moment it’s needed, enhancing both accessibility and relevance.
“At Ledgertech, we’re excited to collaborate with Eazy.insure, empowering them with a platform that fosters rapid innovation and product deployment,” said Eran Tirer, Co-founder and CEO of Ledgertech. “What sets our platform apart is its ability to help insurers launch personalized, usage-based embedded insurance products in a matter of weeks. This partnership is a perfect example of how technology can disrupt traditional insurance models and meet evolving customer needs.”
The embedded insurance solution being introduced by Eazy.insure and Ledgertech redefines the customer experience by offering flexible products that adapt to real-time situations, such as purchasing travel insurance during a trip booking or motor insurance based on driving patterns. These products will eliminate the complexity of traditional one-size-fits-all policies, making insurance more relevant, accessible, and user-friendly.
Cristian Ionescu, CEO of Eazy.insure, emphasized: “Leveraging Ledgertech’s advanced platform, we’ll be able to provide embedded insurance solutions that seamlessly integrate into everyday transactions. This approach ensures that our customers have access to the right coverage at precisely the moment they need it. We believe this is the future of insurance, delivering tailored protection that effortlessly aligns with our customers’ lives.”
The partnership also highlights Ledgertech’s unique approach of not only providing state-of-the-art technology but also facilitating business growth for its partners. By working closely with Eazy.insure and their distribution partners, Ledgertech ensures that the insurance products developed on its platform reach the widst possible audience, creating new revenue streams and improving the overall customer experience.
The initial phase of the partnership will launch a variety of insurance products, including travel insurance, mobility insurance, and motor insurance, all created on the Ledgertech platform and tailored to address the dynamic needs of Romanian consumers.
About Ledgertech: Ledgertech is a pioneering digital insurance technology company that provides embedded insurance products through a low-code/no-code platform designed for digital insurance and MGA as a Service (MaaS). Its platform enables companies to create new insurance products in days or weeks, supporting every insurance use case and consumption model, while its ecosystem of partners enhances the value and distribution of these solutions.
About Eazy.insure: Eazy.insure is Romania’s first digital insurer (InsurTech) with a mission to simplify and transform the interaction with insurance services for Romanians. Backed by a team of experienced insurance professionals, technology enthusiasts, and experts in related fields, Eazy.insure offers a broad range of simple and affordable digital insurance products designed for modern consumers.
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Alisa Berezutska
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