WEFOX AND WIND TRE SELECT HDI EMBEDDED AS THEIR INSURANCE PARTNER

wefox, the world’s leading insurtech, and Wind Tre, the Italian multi-service operator that offers connections, energy and insurance products, have selected HDI Embedded, the embedded insurance provider and part of HDI International, to provide extended warranty coverage for household appliances and electronics.

The announcement comes shortly after Wind Tre launched its insurance agency, Wind Tre Assicurazioni. The company chose wefox as their strategic partner to help select and integrate the best insurance to create innovative and easy-to-use products exclusively for its customers.

Leveraging wefox’s industry-leading role as a distribution platform and service solution provider, HDI Embedded is now providing multi-appliance extended warranty insurance for household devices to Wind Tre customers. This includes extended coverage for damages to household applications and consumer electronics¹, after the manufacturer’s warranty expires, with premiums as low as 4.99 EUR per month.

The agile deployment process enabled by wefox has empowered Wind Tre to swiftly introduce a new offering to better support its customers with insurance solutions in record time. As a result, customers gain greater coverage options at competitive prices, as well as peace of mind thanks to longer protection of their household appliances and electronic goods.

“We are thrilled to be working with wefox and Wind Tre as part of this important partnership. It’s a great step for telecommunication and insurance alike.” said Nelson Castellanos, Chief Partnerships Officer – International at HDI Embedded. “This collaboration is  testament to how digital insurance solutions are set to lead the insurance market in the new embedded finance era. The ability to tailor products and services is central to innovation and will improve the customer experience tremendously. For businesses, the opportunities are just as prominent; through opening new revenue streams and increasing customer touchpoints, affinity insurance programs are now becoming an essential part of robust business strategies.”

“Within our affinity partnership strategy, we select and integrate the best insurers for each product we launch. This is precisely what we are doing with HDI Embedded as part of the partnership with Wind Tre. This new offering is further evidence of the market appetite for our distinctive wefox Affinity value proposition” said Fabrizio Scornavacchi, Segment Leader Telco, Utilities & Financial Services at wefox. “We welcome HDI Embedded as a partner. Our teams speak the same language when it comes to the advanced and innovative technology used to serve customers.”

“This strategic partnership is an integral part of not only meeting but  exceeding our customers' expectations and providing best-in-class service and insurance coverage” adds Fabio Ariolli, Energy & Insurance manager of Wind Tre. “The purpose of the collaboration is to continue to build on our offering and customize products to be closer and closer to families’ daily needs. We’ve already seen great success at our points of sale, and in February we will expand access to the product online as well”.

¹_{(subject to conditions and limits)}