Tint Launches Embedded Insurance Solution to Strengthen Its Position in the Mobility Industry
2024年6月26日 - 10:30PM
ビジネスワイヤ(英語)
Company Releases Tailored Program Unique to the Needs of
Peer-to-Peer Car Sharing Customers, Turo’s Hosts
Tint, a leading embedded insurance platform, today announced the
launch of its innovative embedded insurance solution for Turo, the
world's largest peer-to-peer car sharing marketplace.
Tint is powering an off-trip insurance program designed with the
unique needs of Turo’s hosts in mind. The two companies have
collaborated to create a specialized offering, providing coverage
for Turo hosts to keep their cars insured when they are not being
used on a Turo trip. The solution protects hosts by covering
business-related travel, such as going to the carwash, getting the
vehicle detailed, and driving to refuel. Tint’s policy is
underwritten by an A+ rated insurer specializing in auto and fleet
coverage.
This collaboration affirms Tint’s expertise in the mobility
industry and ability to work with sophisticated platforms. With the
launch of this program, Tint is committed to delivering innovative
embedded insurance programs with world-class embedded technology
that is flexible enough for companies of all shapes and sizes to
launch embedded insurance effortlessly.
"Our hosts are the foundation of our success here at Turo and
we're constantly looking for innovative ways to enhance their
experience on our platform. Our decision to collaborate with Tint
results in game-changing off-trip insurance coverage for our hosts,
especially those with multiple vehicles,” said Tom Wang, Chief
Product Officer at Turo. “Thanks to feedback from our hosts and
Tint's expertise in insurance, we're excited to introduce this
offering as part of the launch of Turo Host Services to help our
hosts grow their businesses, while turbocharging entrepreneurship
on Turo.”
This announcement marks an especially momentous benchmark for
Tint co-founders, Matheus Riolfi and Jérôme Selles, who got their
start as early employees at Turo. Since founding Tint, the pair
dreamed of a moment where they would be able to help Turo expand
its insurance offerings as a trusted embedded provider.
"We're humbled to launch this embedded insurance solution with
Turo as our key collaborator. This program represents a full-circle
moment for us, solving a problem we encountered firsthand during
our time at Turo,” said Matheus Riolfi, CEO and Co-Founder at Tint.
“By implementing this solution in record time, we're demonstrating
the power and efficiency of our platform to transform how insurance
can be integrated into mobility services with a focus on
profitability and efficiency. This is just the beginning of our
continued innovation in the mobility space, and we're excited to
bring our expertise to more platforms in the future.”
Tint has been a leader in embedded insurance and protection
working with world-class startups like Deel, uShip, and Neighbor
for the last 6 years, helping them protect hundreds of thousands of
customers and generate tens of millions of dollars in premium.
Moving forward, Tint will leverage its unmatched domain expertise
with alumni from Turo, Getaround, and Outdoorsy to continue to
invest heavily in solutions for the mobility space, along with
other key markets.
If you are interested in building your own embedded insurance
program with the team of experts at Tint, you can connect with the
Tint team here.
About Tint:
Tint enables SaaS platforms and marketplaces to unlock growth
and improve profitability through embedded insurance and
protection. Tint offers plug-and-play and white-labeled
integrations, equipping brands we partner with a sophisticated mix
of technology infrastructure, services, and deep industry
expertise. Embedded insurance can transform insurance from a
product bought separately to a feature of brands consumers love and
we are on a mission to make that happen. Happy Tint customers
include Deel, uShip, Guesty, Neighbor, BabyQuip, and
CitizenShipper, among others. Tint has raised $30M and is backed by
world-class investors such as Y Combinator, QED, Deciens, Nyca,
Plug and Play, WIN, Soma Capital, and Pioneer Fund.
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version on businesswire.com: https://www.businesswire.com/news/home/20240626123605/en/
Elizabeth Sholes, Head of Marketing marketing@tint.ai