Edelweiss General Insurance (EGI) has partnered with PhonePe, a fintech firm in the digital payments space, to offer quick and easy, digital motor insurance products to all its customers. This partnership will help EGI reach out to PhonePe’s vast and growing network of customers and provide them with simple, end-to-end digital solutions in the motor insurance segment.
As per the press release, PhonePe customers can buy EGI’s motor insurance policy in just a few clicks with zero paperwork. Customers can also opt for add-on benefits like depreciation protection, engine protection, consumable expense protection, roadside assistance, key and lock protection to suit their individual needs.
Shanai Ghosh, Executive Director and CEO, Edelweiss General Insurance, said, “This partnership with PhonePe is very strategic for us. This aligns with our philosophy of providing customers with digital solutions that are easy, friendly and transparent, so that they can protect the things they love. We are excited to be a part of PhonePe’s platform to connect and connect with customers looking for smart and convenient motor insurance solutions.”
Edelweiss General Insurance has also launched need-based, bite-sized insurance products, and is creating compelling propositions in partnership with some of the best brands in the digital ecosystem. The company has a comprehensive omnichannel digital distribution platform comprising of its proprietary digital platform and marketplace.
Gunjan Ghai, VP and Head of Insurance, PhonePe said, “PhonePe users can now choose from multiple motor insurance products on our platform and buy insurance that best suits their needs in just a few clicks. Our vision is to help our customers. To be a one-stop destination for all insurance needs and this partnership is another step in that direction.”
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