back Back

AXA Switzerland launches bancassurance solution powered by additiv

By Gloria Methri

November 11, 2024

  • Additiv
  • addProtect
  • AXA Switzerland
Share

AXA Switzerland, bancassurance, additiv, digital, insurtech, insuranceAXA Switzerland has launched its addProtect bancassurance offering, powered by additiv’s technology platform. This innovative solution allows banks to directly protect their mortgage customers against key risks with a simple plug-and-play solution.

As a seamless plug-and-play solution, addProtect gives banks direct access to the platform without the need for additional integration with existing IT systems. Its user-friendly and intuitive design allows banks to integrate the platform effortlessly into their day-to-day business operations.

With death and payment protection insurance, bank advisors have easy-to-understand products that offer added value to customers beyond the existing offering.

The addProtect platform is now available for banks, and an initial pilot will be launched in collaboration with PostFinance.

Samuel Peter, Head of Partnerships at AXA Switzerland, stated, “With addProtect, AXA is responding to the growing need of customers and banks for appropriate insurance solutions where and when they are needed. The solution creates additional advisory potential and better protection for the customers of our partners’ banks. We look forward to making the solution available to other partners.”

Dieter Lützelschwab, General Manager Switzerland at additiv, added, “When developing addProtect, we focused on the user experience for the customer and the bank advisor. In addition, our platform provides an easily configurable, modular insurance solution that covers the entire value chain from quotation to claims processing.”

additiv empowers financial institutions and brands to create new business models and transform existing ones. Its API-first cloud platform is helpful for wealth management, banking, credit, and insurance. The technology, together with the global ecosystem of regulated financial services providers, opens up new opportunities for banks, insurance companies, asset managers, IFAs and consumer brands to quickly and flexibly offer their own and third-party financial solutions through existing or new customer channels.

Previous Article

November 11, 2024

Ecobank taps Nium to power cross-border payments in Africa

Read More
Next Article

November 11, 2024

Kemba Credit Union deploys Alkami’s Digital Banking Platform

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

December 11, 2024

SBS and Red Hat advance hybrid cloud solutions for financial institutions

Read More

December 10, 2024

Superapp Grab taps Amazon Web Services as its Preferred Cloud Provider

Read More

December 09, 2024

Mahindra Finance & Magma HDI to expand financial access in emerging India

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More