Local insurtech Surer announced that it has formed a partnership with Singapore-based motor and travel insurance provider DirectAsia.
The partnership aims to empower insurance intermediaries to offer highly customisable car insurance policies to serve their customers, the end policyholder, with greater flexibility.
Both companies will work on integrating Surer’s technology with DirectAsia’s customisable car insurance product for this.
Regardless of the complexity of the customisation, intermediaries will still be able to derive quotes instantly and work with their customers on a fully digital quote.
DirectAsia and Surer will also work together on other products including motorcycle insurance.
Ronnie Brown, Chief Marketing & Distribution Officer, Direct Asia Insurance (Singapore) said,
“At DirectAsia, we believe there’s a better way to do insurance and we’re passionate about making insurance less complicated for customers. We see strong value in insurance intermediaries as distribution partners of our car insurance policies given their on-ground knowledge of what the end consumer needs. Marrying our product with their expertise through a platform like Surer furthers this vision.”
Derren Teo, Co-founder of Surer said,
“We believe this partnership will hugely benefit intermediaries and their customers as intermediaries can now gain access to a car insurance product that allows great flexibility while also being empowered with technology to not be hindered by what may previously be a more complex process when it comes to policy customisation. This is a truly beneficial endeavour for all parties involved in securing a car insurance policy.”