Eir + Weecover
Eir Insurance, a 100% digital Swedish insurer and leader in embedded insurance, and Weecover, a Spanish insurtech setting the standard in insurance distribution and embedded insurance, are joining forces to introduce a revolutionary new approach for the leasing of technological devices.
The collaboration between Eir and Weecover represents a step forward in the transformation of the insurance industry, introducing a solution with specific, flexible coverages adapted to the specific needs of device leasing companies – with a special focus on ease of process.
Focused on insurance innovation and recognized by Insurtech Connect as among the most promising emerging companies in the sector the Forward50 ranking, the partnership combines Weecover’s best-in-class distribution technology with Eir’s 100% digital insurance product – adapted to the nature of the leasing business.
Jordi Pages, CEO of Weecover, says “with this collaboration we add a portfolio of innovative solutions that respond to the new needs of the new ecosystems linked to sustainability and offer a differential that enhances the possibility of development in this area”.
The insurance offering is designed with sustainability in mind to cover technological and electronic equipment in a way that encourages reuse, repair and a second life. The solution also focuses on the pay-per-use model, offering flexibility to end users and adapting to their changing needs without being locked into longer term insurance contracts.
Fredrik Solberg, CEO of Eir, notes: “we are delighted about this partnership with Weecover, where we have not only found new ways to deliver insurance, but deploy this technology to help companies encourage more sustainable business models through reuse, repair and recycling.”
Eir and Weecover are excited about the opportunity to continue to transform the insurance industry together and provide solutions that not only meet true insurance needs and expectations, but also through this help develop more effective and sustainable business models.
About Eir: https://www.eirforsakring.com/
About Weecover: https://www.weecover.com/
