Innovating Credit Insurance in Collaboration with FinanceScout24
Project Overview
- Brand: Belsura
- Distribution Channels: FinanceScout24
- Product: Payment Protection Insurance
- Product Launch: February 2024
- Risk Carrier: Hesse Digital AG
Top Insights from this Project
- Belsura Credit Insurance is exclusively offered on FinanceScout24
-
Offering an affordable PPI solution that challenges the pricing of
existing Swiss market offerings -
Designed for cross-bank compatibility, this product effortlessly
attaches to any consumer loan in Switzerland
Revolutionizing Credit Insurance
The Belsura Credit Insurance project, underpinned by the risk management expertise of Hesse Digital, not only marks a significant advancement in the Swiss insurance landscape but also introduces a cost-effective alternative in the PPI market. This initiative brings to the market the first Payment Protection Insurance (PPI) model that uniquely links with credit contracts, offering a solution that is considerably more affordable than existing PPI offerings in Switzerland.
Unique Selling Proposition
Belsura Credit Insurance, supported by Hesse Digital as the risk carrier, is distinguished by its affordability and integration capability. It can be attached to any consumer loan contract across Swiss banks, especially for customers who arrange their loans through FinanceScout24. This innovative approach, combined with its lower cost, offers customers a practical and secure option for loan protection.
Impact on the Market
The collaboration between Belsura, FinanceScout24, and Hesse Digital is poised to transform the Swiss PPI market. By offering a solution that is not only integrated and user-friendly but also more economical than current market offerings, Belsura Credit Insurance meets modern consumer demands for value-driven financial solutions. This project aims to set new benchmarks in the industry, showcasing the potential of innovative, cost-effective product design and strategic partnerships in the rapidly evolving insurtech sector.