Oney Insurance and Oney Servicios Financieros Partner with Habit to Launch Embedded Insurance for Deporvillage

Oney Servicios Financieros and Oney Insurance have teamed up with Habit, a leading embedded insurance platform, to offer tailored insurance solutions for customers of Deporvillage, one of Europe’s largest online sports retailers. This strategic partnership marks a significant step toward enhancing customer experiences by integrating Accidental Damage Insurance for fitness equipment and mobility products seamlessly into Deporvillage’s physical and soon-to-be-launched online sales channels.

Protection for Deporvillage customers from the moment of purchase

Starting today, Deporvillage customers can benefit from a suite of embedded insurance products designed to protect their high-value purchases, giving them peace of mind at the time of purchase and long after. The initial offerings include:

  • Accidental Damage Insurance coverage for fitness and gym machines, available for 1- or 2-year plans.
  • Accidental Damage and Theft Insurance protection for mobility products, including bicycles and scooters.
  • Electronic Equipment Insurance: Coming soon, this will offer protection for a wide range of electronic sports equipment.

The insurance solutions are initially available in Deporvillage’s physical stores, with integration into the online platform planned for release soon.

Enhancing Customer Experience through Embedded Insurance

Oney Servicios Financieros and Oney Insurance have a longstanding commitment to providing innovative financial services and insurance solutions to consumers. By partnering with Habit, they leverage cutting-edge technology to offer seamless, embedded insurance solutions at the point of sale, making it easier than ever for customers to protect their sports equipment.

“This partnership with Habit and Deporvillage aligns perfectly with our vision to simplify and enhance the consumer experience”, said Salvador Loscertales Martin, Managing Director at Oney Servicios Financieros. “We believe this collaboration will not only bring value to our customers but also redefine how insurance is offered and consumed in the sports equipment industry.”

A Game-Changer for the Sports Retail Industry

Deporvillage, renowned for its extensive range of sports gear and equipment, sees this partnership as a significant value addition for its customer base, offering them a hassle-free way to protect their high-value purchases. With accidents and theft being common concerns among customers, the introduction of tailored insurance solutions adds another layer of trust and convenience.

“At Deporvillage, we strive to provide our customers with the best possible experience, and the introduction of embedded insurance aligns with that mission”, said Jordi Satué, CFO at Deporvillage. “We’re thrilled to collaborate with Oney and Habit to provide coverage that offers real peace of mind for our customers, whether they’re buying fitness machines or bicycles.”

The insurance products, designed to safeguard against theft and accidental damage, offer a new layer of protection for sports enthusiasts and fitness aficionados. Whether commuting on two wheels or investing in quality gym equipment, users can now enjoy peace of mind with this versatile insurance coverage.

Habit’s Role in Transforming Insurance in Retail

Habit’s embedded insurance platform simplifies the process for both retailers and consumers, delivering comprehensive coverage with a frictionless user experience. Customers can opt into insurance directly at checkout, ensuring they’re covered the moment they make a purchase.

“We are excited to partner with Oney and Deporvillage to offer cutting-edge insurance solutions”, said Domingos Bruges, CEO of Habit. “Our goal is to make insurance as easy as possible for consumers, and this partnership showcases the power of embedding insurance into the customer journey, providing instant protection without the need for a separate process.”

Looking Forward

As part of this collaboration, the partners plan to expand the insurance offerings in the near future, with Electronic Equipment Insurance slated to launch soon. This will further broaden the range of products covered, ensuring that Deporvillage’s customers can protect their purchases across multiple categories.

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