Alset Insurance Launches as Embedded Auto Insurance MGA Start-up on Incline paper

Former Tesla insurance Chief Matt Edmonds has launched a digital-first auto MGA initially writing on the paper of Incline Insurance that has ambitious plans to revolutionise the segment by providing near frictionless coverage integrated seamlessly with carmakers and dealerships at the point of sale, The Insurer can reveal.

Source: Alset

Through this partnership with Tekion, dealers can now connect Alset Insurance with Tekion’s Automotive Retail Cloud (ARC), seamlessly, in real-time, making data sharing faster and easier than ever. Alset Insurance’s embedded digital-first platform enables OEMs and dealerships to provide insurance policies directly to consumers. Alset Insurance enables dealers to provide customers a highly customized insurance policy in less than a minute.

In a statement confirming the launch of Alset Insurance, the start-up said it aims to transform the auto insurance landscape with its “cutting-edge, digital-first platform” allowing car buyers to finalise their vehicle purchase and insurance coverage in a “single, seamless transaction”.

“Consumers want convenience and transparency – they don’t want to spend hours waiting for insurance quotes. With Alset Insurance, they can get a fully customized, competitively priced policy in 30 seconds or less. No waiting. No complexity. Just a better experience,” the executive continued.

“We’re giving consumers a complete understanding of their total cost of ownership from the start, combining both car price and insurance premium into a single, transparent package. This makes the car-buying experience faster, easier, and far more efficient,” he continued.

Read the full article: https://alsetinsurance.com/alset-insurance-launches-as-embedded-auto-insurance-mga-start-up-on-incline-paper/

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