MoneyHero has launched a new auto insurance platform through a partnership with. bolt techleveraging insurance exchange technology to improve the consumer experience.
This upgraded platform is now live in Hong Kong and features comprehensive comparison tools and accurate pricing, providing a more seamless process for car insurance buyers.
money hero plans to roll out its platform in Singapore by the end of 2024 and in the Philippines by early 2025.
Volttech’s global network of more than 230 insurers and 6,000 products gives customers access to a wide range of options to fit their needs.
Through this partnership, MoneyHero, known for its financial comparison services, strengthens its auto insurance platform by combining financial product comparison expertise with Volttech’s innovative insurance capabilities.
MoneyHero reported 89% year-on-year growth in insurance in Q2 2024, contributing 11% to group revenue.
The new platform is expected to further accelerate this growth.
Rohith Murthy, CEO of MoneyHero, said:
“By partnering with Volttech, we not only improve the user experience, but also have full control of the entire auto insurance buying process from comparison to contract within our ecosystem.
With Volttech’s expertise, we provide an unparalleled level of insight and simplicity that reshapes the way consumers choose auto insurance. ”
Philip Weiner, CEO for Asia and the Middle East at Volttec, said:
“We are excited to partner with MoneyHero to enhance the auto insurance customer experience across Southeast Asia.
Digital integration with our insurance exchange platform allows MoneyHero to provide a seamless and transparent user experience, giving customers more control over their auto insurance decisions. ”
Featured image credit: Edited from freepic
