Arval BNP Paribas Group has partnered with Cachet for fully-digital micromobility insurance in Poland

Arval, the full-service vehicle leasing company owned by BNP Paribas, has chosen Cachet as its micromobility insurance partner in Poland.

Source: Cachet

Arval Service Lease Polska has been making waves in the Polish long-term bike rental market for a while. Since micromobility insurance is our passionate specialty, it was a match meant to happen.

Cachet led the development of these fleet-specific products for Arval in cooperation with Allianz Partners and HDI Embedded. Arval’s e-bike fleet and end users will now have purpose-built casco, personal accident, and third-party liability insurance available to them. Oh, and it comes without a sheet of paper in sight. Everyone deserves digital, paperless service.

But it’s not just about turning atoms into bits. As mobility evolves, insurance must keep up. For five years, we’ve been pushing the industry forward with personal, smart, data-driven, and flexibly-priced insurance. The Arval deal is another bit of proof that insurtech innovations are taking over. It’s a triple win for fleet operators, end users, and insurers alike.

The Cachet and Arval agreement wraps up a breakthrough year for micromobility in Poland. The country has seen a rapid post-pandemic rise in bike and scooter use – which supports and reflects a roaring platform economy and the shift from bike/scooter ownership to shared fleets. In 2023, Warsaw authorities announced an ambitious plan to transform its mobility model and become a 15-minute city. And, to toot our own horn, Cachet launched Bike and Scooter insurance, a market-leading product for Polish customers.

Rafał Tarnacki, Product & Innovations Manager at Arval comments: “The safety of users and the vehicles themselves is crucial to Arval and it is a very important part of Arval Beyond strategy. For the long-term bike lease, we were looking for a partner who, like us, provides a first-class service and has innovation and sustainability in its DNA. The insurance that Cachet provides for our electric bikes will not only give customers peace of mind, but also a convenient digital service and completely paperless procedures.”

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