Sure and Checkout.com partner to improve payments for digital insurance

Unnerved by sudden intense turbulence during a flight to Las Vegas, Sure CEO Wayne Slavin had an idea: What if he and his fellow passengers had the option to buy life insurance on the spot? But more than that: What if it was possible to make digital insurance available to every consumer the moment they needed it most?

Source: Checkout.com

This concept soon blossomed into Sure, a rapidly growing insurtech that unlocks the potential of digital insurance. Sure partners with brands and carriers to cut the cost and complexity of launching digital insurance programs. Sure’s approach has already streamlined and transformed the way insurance is purchased and managed digitally, and is strengthening the bond between disruptive providers and savvy consumers.

In practice, Sure’s technology rails provide the backend network that connects two sides of the market (carriers and brands) to enable digital insurance experiences into websites, mobile interfaces, points-of-sale, and more. The company’s insurance technology rails can do everything from producing quotes for complex insurance products like auto and homeowners insurance to facilitating premium payments.

“When Sure faced a challenge with rising card declination rates, Checkout’s support team quickly stepped in. Their fast response and expertise proved valuable,” says Yarden Sachs, Chief Technology Officer. “By implementing Checkout’s solutions – Real-Time Account Updater (RTAU) and optimized scheme transaction IDs – we not only solved the problem but improved our performance. Our card acceptance rates surpassed previous levels. Checkout went beyond solving our immediate issue. They shared tips for future optimization, demonstrating their commitment to our long-term success.”

Read the full article: https://www.checkout.com/case-studies/sure-digital-insurance-payments

Get weekly insights

Join 2,000+ others who receive our weekly newsletter

Please enable JavaScript in your browser to complete this form.
Name