Embedded insurer Companjon and European challenger bank bunq join forces to bring users digital insurance
Dublin, Ireland – Companjon, a leading insurtech specializing in digital-driven embedded insurance, today announced its partnership with bunq, the second largest neobank in the European Union. Through this move, Extended Warranty and Purchase Protection will now be provided to bunq users by Companjon. Extended Warranty and Purchase Protection is an insurance product designed to cover the financial loss incurred for certain goods purchased by bunq Easy Green users.
bunq strives to build a greener future for everyone, together with its users. Its flagship subscription plan Easy Green enables users to offset their carbon footprint in less than two years, by having bunq plant a tree for 100 euros spent with any of their bunq cards. To bring more security and peace of mind, bunq Easy Green users will now automatically be covered with Companjon insurance when purchasing certain goods using their bunq Metal Card.
“We’re excited to partner with a de-facto innovator the likes of bunq and to enhance their users’ banking experience,” said the CEO of Companjon, Matthias Naumann. “Companjon’s embedded insurance solutions complement bunq’s product portfolio and strong market position and we’re looking forward to working together to bring value and peace of mind for end-customers.”
“In everything we do, we strive to make our users’ lives easy. By offering our Easy Green users added security when using their bunq card, we make sure they can focus on whatever’s important to them instead of money admin,” says Ali Niknam, founder and CEO of bunq.