Source: Eleos

Wollit has partnered with embedded insurance provider Eleos to offer digital income protection to its customers, helping them build financial resilience alongside their credit-building journey. The integration allows Wollit customers to access income protection insurance seamlessly through the platform they already use to strengthen their credit profiles.

Kiruba Shankar Eswaran, Eleos CEO, commented on the partnership: “Financial resilience is built on multiple pillars, with credit health and income security being fundamental components. Our partnership with Wollit aligned naturally—as customers build their credit profiles, they can simultaneously protect their income, which is vital in building personal credit. Together, we’re providing a comprehensive approach for customers to become financially more prepared.”

Eleanor Hunt-Pain, Product Manager at Wollit, added: “We’re excited to partner with Eleos to bring affordable and accessible income protection insurance to our customers. Wollit Credit Builder helps users build their credit history with a simple 12-month subscription. Our partnership with Eleos will allow customers to protect their credit building progress and future financial commitments if they become unable to work. Eleos’s fully digital service integrates seamlessly with Wollit’s user-friendly app, ensuring customers have the best experience possible while fulfilling our mission to improve financial security for millions of people across the UK.”

The integration exemplifies how embedded insurance solutions can create more holistic financial solutions for customers.

Read the full article: https://partner.eleos.co.uk/resources/news/wollit-partnership