ERGO Versicherung AG and the Munich-based InsurTech Finanzchef24 are pooling their expertise and jointly developing an insurance policy for small businesses. With the risk assessment software, brick-and-mortar retailers and online shop operators can now protect themselves against liability risks completely online.
"Product development is based on the analysis of our extensive user data and is therefore consistently geared to customer needs. In addition, modern underwriting technology enables cost-efficient processing from pricing to conclusion. Two important ingredients for a product that meets the demands of a digitalized world."
so Benjamin Papo, CEO and Managing Director of Finanzchef24.
Online insurance coverage for small businesses
The digital commercial liability insurance from ERGO and Finanzchef24 is aimed at merchants with annual sales of up to €200,000. The underwriting software automatically considers all relevant risk factors. Within minutes, the customer receives a binding offer tailored to their needs, which they can purchase directly online.
"We are increasingly using new methods to quickly assess our customers' risks and offer tailored protection. In doing so, we are consistently leveraging the opportunities offered by digitalization,"
explained Dr. Markus Hofmann, CEO of ERGO Versicherung AG. The digital commercial liability insurance is based on www.finanzchef24.de available.
With over one million site visitors per year and over 1,000 new contracts concluded each month, Finanzchef24, Germany's largest digital insurance broker, is a proven expert in the commercial insurance market.
