Lexasure partners up with Blimobil for wider insurance offerings

Lexasure will make an investment in Blimobil.

Lexasure Financial Group Limited and PT Nawa Carciege Indonesia (Blimobil) signed a memorandum of understanding (MoU) for a proposed strategic partnership which aims to expand their insurance products in Indonesia.

Provider of reinsurance and insurtech in South and Southeast Asia, Lexasure, will invest in the Indonesian auto market digital trading platform, Blimobil.

“[Both parties] will offer access to insurance products, including car insurance, usage-based auto insurance, home appliance, auto extended warranty insurance, and guaranteed asset protection (GAP) insurance,” Lexasure stated.

Other than the new and diversified insurance offerings, back-end digital onboarding solutions and claims management will also be provided by Lexasure.

This will be applicable toward reinsurance capabilities such as personal cybersecurity insurance, personal accident, electronic products, extended warranty, pet insurance, and other lifestyle insurance.

“The creation of the proposed strategic partnership is subject to the negotiation of definitive agreements with customary closing conditions, including regulatory approval,” Lexasure said.

Also Read

Over 1.12 billion in China receive health e-certificates

Malaysia’s general Takaful payouts up 24.4% in responsiveness

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit