Edelweiss General Insurance and PhonePe come together to offer digital motor insurance
Mumbai, December
20, 2021: Edelweiss General Insurance (EGI), one of
India’s fastest growing InsurTechs, has partnered with PhonePe, a market leader
in the digital payments space, to offer quick and easy, digital motor insurance
products to all its customers. The partnership will help EGI reach out to
PhonePe’s vast and growing network of customers and offer them simple, end to
end digital solutions in the motor insurance segment.
PhonePe customers can now purchase
EGI’s motor insurance policy in just a few clicks with Zero paperwork. Not only
this, customers can also opt for add-on benefits like depreciation protect, engine protection, consumable expense protect,
roadside assistance, key and lock protect, to suit their individual needs.
Shanai Ghosh, Executive
Director & CEO, Edelweiss General Insurance, said, “This partnership with PhonePe is a very strategic one for us.
It is in sync with our philosophy of providing customers with digital solutions
that are easy, friendly, and transparent, to protect what they love. We are
excited to be part of PhonePe’s platform to connect and engage with customers
seeking smart and convenient motor insurance solutions.”
Speaking on the partnership, Gunjan Ghai, VP & Head of
Insurance, PhonePe said, “We are delighted to partner with Edelweiss
General Insurance to provide digital motor insurance products to our 33+ crore
registered users. PhonePe users can now choose from multiple motor insurance
products on our platform and purchase insurance that best suits their needs
seamlessly in just a few clicks. Our vision is to be a one-stop destination for
all the insurance needs of our customers and this partnership is another step
in that direction.”
Edelweiss General Insurance has launched on-demand, need-based,
bite-sized insurance products, and is co-creating compelling propositions in
partnership with some of the best brands in the digital ecosystem. The company
has an extensive omnichannel digital distribution platform, combining its owned
digital platforms and marketplaces.
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