Eir and Weecover partner to launch revolutionary new insurance solution for Tech Device Leasing providers

Eir, 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.

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.”

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