Kwik.insure cooperates with GCash for CTPL, automobile complete insurance – Backend Information
The multi-channel insurance platform Kwik.insure has partnered with the GCash mobile wallet to help Filipino car owners purchase Compulsory Liability Insurance (CTPL) and comprehensive auto insurance through the GCash platform.
As part of the partnership, Kwik.insure and GCash will bring the two insurance products to GInsure, an in-app feature of the GCash app that allows users to buy and manage their insurance policies.
"Car ownership here in the country is growing steadily and that has motivated us to continue helping Filipinos keep their traffic safe," said Hamilton Angluben, founder and CEO of Kwik.insure. “Thanks to this partnership, renewing and purchasing car insurance is now possible with just a few taps. We hope that with all of these initiatives and partnerships we enter into, hassle-free and easy transactions will become the norm. GCash is the digital wallet of almost all adult Filipinos and we are happy to make our products available in their app. "
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GCash users just have to go to GInsure, click on “Go to Marketplace” and select the vehicle insurance they want. After clicking on your preferred insurance policy, all you have to do is provide the full details of your vehicle to see all the options.
"This partnership with Kwik.insure fits in perfectly with our goal of democratizing financial services in the Philippines," said Martha Sazon, President and CEO of GCash. "The pandemic has changed the way people use and perceive digital products, and we are pleased to enable convenient financial transactions for our users, especially with such partnerships."