back Back

Aventon partners with Oyster to offer specialised coverage to customers

By Delisha Fernandes

May 31, 2023

  • Auto Dealers
  • Aventon
  • B2B Merchants
Share

OysterOyster, an embedded InsurTech platform for consumers and merchants, announced that its bike insurance is now available to customers on Aventon and throughout Aventon’s dealer network starting in June.

This strategic partnership allows Aventon customers to add personalised e-bike insurance in a few clicks at point-of-sale or any time after purchase.

“Theft and damage is top of mind for customers when purchasing an e-bike,” said James Dieckmeyer, Director of Customer Experience Aventon. By offering Oyster coverage for theft, damage, medical payments and liability, James feels that “Oyster helps our riders make the most of their purchase because they never have to think twice about taking their bike out of the garage.”

The Oyster platform also provides Aventon and its dealers with a hassle-free integration process. It gives Aventon a competitive edge by offering a unique add-on that sets the brand apart from the rest of the industry.

“We are excited to extend this partnership to our dealer network because we understand the importance of insurance and an additional revenue stream,” said Jessica Hill, Director of Sales Aventon. Aventon aims to extend this experience to in-store purchases through its network of over 1,100 dealers across the US.

“In today’s dynamic market, it has become increasingly evident that delivering a seamless customer experience coupled with a comprehensive range of offerings is imperative,” said Vic Yeh, CEO of Oyster. “We are excited to partner with Aventon to provide tailored insurance to their customers and elevate the purchase experience of their brand.”

Oyster is an insurance technology company that provides a fully integrated suite of insurance products and services for consumers and merchants. Merchants use Oyster to offer insurance to consumers at the point of sale, manage business insurance, and improve operational efficiency with software toolings.

 

Previous Article

May 31, 2023

Worldline develops offline P2P prototype for digital euro

Read More
Next Article

May 31, 2023

Wolters Kluwer announces strategic partnership with LTIMindtree

Read More






IBSi Daily News Analysis

regulations,

June 11, 2024

Auto Dealers

Payments industry urges delay of APP fraud rules amid leadership change at Payment Systems Regulator

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

5 RegTechs enhancing compliance for India’s BFSI sector

Read More

June 11, 2024

Mbank & Policybazaar.ae team up to streamline insurance solutions

Read More

June 10, 2024

Axis Bank & Bajaj Allianz General Insurance to boost financial inclusion

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023