Starling Bank Marketplace has added so-sure to enable its customers to access mobile phone insurance through its app.
so-sure is a startup that offers quick, secure and reliable mobile phone insurance. The startup declines less than 4% of mobile insurance claims which is far lower than the traditional insurance industry.
so-sure social insurance
so-sure is also introducing ‘social insurance’. The platform enables customers to connect their policy with friends and family members who also have a policy with so-sure.
So long as no one that customer is connected to makes a claim, the customer will get up to 80% of their premium back at the end of the policy year.
Users can feel at ease using the Starling Bank Marketplace. It ensures any partner it is with matches the same values that the bank does.
so-sure offers one simple policy with no hidden terms and covers customers for loss, theft, accidental damage, out of warranty breakdown and more.
Starling Bank Marketplace expansion
The marketplace has continually been expanding its products and services to meet the needs of its growing customer base.
It launched in February 2018 and offers its customers direct access to financial services and products securely on their phone.
Starling has existing partnerships with pension provider PensionBee, digital investing services Wealthsimple and Wealthify, mortgage broker Habito, travel insurance provider Kasko, life insurance provider Anorak, and receipts and loyalty partner Flux.
By the end of this year, Starling Bank aims to have 25 marketplace partners.
Megan Caywood, chief platform officer at Starling Bank said:
“Through our Marketplace, we want to enable our customers to manage their whole financial life in one place. As a mobile only bank, we understand the need for affordable mobile phone insurance, so partnering with so-sure was a natural fit.
“so-sure share our ethos of putting the customer first and are another example of our commitment to partnering with disruptors that are working to improve customers lives through intuitive products and fair and transparent pricing.”
Earlier this month, Starling Bank added Anorak life insurance.