Cover Genius & Ola announce partnership to further growth within mobility market
Cover Genius, the embedded insurance company that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, eBay and Shopee, has announced its continued growth within the mobility market with a major partnership with Ola, one of the world’s fastest-growing unicorns.
Through this partnership with Ola, India’s largest mobility platform, will now offer tailored protection that utilizes XClaim, XCover’s award-winning API for instant payments. The protection, called Ride Advantage, responds to the accelerating consumer demand for embedded protection products and can be turned on directly in the Ola app and enabled for all subsequent trips. Ride Advantage is available in the UK, Australia, and New Zealand, with further geographic and product expansion in the works.
“We are delighted to work with Cover Genius on a unique benefit for our customers. Their world-leading technology, award-winning claims process and customer centricity will make them a valuable partner for Ola as we continue our growth,” Pranshu Diwan, Head of Insurance for Ola, said.
“Another partner bringing embedded protection to life once again confirms that digital companies are the future of distribution,” Angus McDonald, CEO and Co-Founder of Cover Genius said. “For 6 years now we’ve been working with partners including Booking Holdings’ transport division. Our award-winning XCover platform has since been integrated by the world’s largest digital companies and helped revolutionize protection in industries such as retail, travel, fintech and logistics, and we are proud to work with Ola on an innovative solution that helps bring peace of mind to their marketplace. We’re proud to welcome OLA as another embedded insurance partner within the Cover Genius family.”
ABOUT COVER GENIUS
Cover Genius is the embedded insurance company that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, eBay and Shopee. The company is licensed in over 60+ countries and all 50 US states, with offices throughout the US, Canada, Latin America, the United Kingdom, the Netherlands, Germany, Japan, Singapore, India, Korea, Indonesia, Malaysia, Thailand, New Zealand and Australia.
Cover Genius’ vision is to protect all of the customers of the world’s largest digital companies and it counts among its partners some of the world’s largest biggest digital brands, including, in travel, Skyscanner, Despegar and Booking Holdings, owner of Priceline and Kayak, in retail, Shopee, eBay and Wayfair, in fintech and payments, Intuit, in logistics, Descartes ShipRush, and in auto and the gig economy, India’s largest rideshare company, Ola.