Connected Insurance Is Reconnecting Insurance To Our Everyday Lives On Digital Platforms

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Below is our recent interview with Yarden Peled, Co-founder and VP marketing and partnerships at ConnectedInsurance.ai:

Q: Could you provide our readers with a brief introduction to your company?

A: Connected Insurance has a unique combination of entrepreneurs with rich experience in the online worlds and entrepreneurs with extensive experience in the insurance world. We bring the vast experience of working in advanced worlds that have undergone a digital transformation, such as the gaming and e-commerce industry, to the insurance industry. We want to change the way insurance is being purchased. We believe that the new customer wants to buy his insurance via digital platform that he already uses and trust. The insurance offering must be personalized, one-click 2 purchase and with context.

Q: Any highlights on your recent announcement?

A: We announced a partnership with I bott, an Apollo syndicate, to offer CI’s technology to enable Apollo’s clients to reduce their fleet and rider insurance costs and turn insurance into a revenue source by providing on-demand insurance.

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Q: Can you give us more insights into your offering?

A: My insights are the benefits for companies like Apollo and the customer.
On the customer side:
1. The customer gets the most relevant coverage to him precisely at the point he needs.
2. Personalize the price to the customer.
3. Click 2 purchase/activation.
4. A new generation of insurance: payment peruse, micro-insurance and more.

The benefits for Insurers:
1. Risk reduction.
2. New and much lower cost of sales.
3. Customer retention.
4. Innovation and differentiation from the competition

Q: What can we expect from your company in the next six months? What are your plans?

A: In 6 months, we will deploy all our three products that will offer insurers and 3rd party partnerships to increase their revenue.
Our products are on-demand micro-mobility insurance for e- scooters, on-demand travel insurance and on-demand cyber insurance for families.
We plan to extend to the USA market.

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Q: What is the best thing about your company that people might not know about?

A: All co-founders are over 40 and have vast experience in insurance and on-demand distribution. Thanks to that, we build our solutions from the customer’s eyes and not the insurance eye.