As of now, Insured Nomads, with the help of Safeture's technology, can offer and extend policyholders with an upgrade of benefits and services suited to the needs of the new normal. Initially, the agreement runs for three years and gives Safeture over US$500,000, plus additional revenue with membership growth.
Although working remotely was initially viewed as a perk, a recent survey of HR, legal and compliance, finance, and real estate professionals found that 47 per cent of respondents will allow remote work on a full-time basis. This increase creates a demand for new and better solutions that guarantee that employees are safe and protected regardless of their workplace. Insured Nomads is at the forefront of addressing these needs and challenges for remote workers, digital nomads, expats, and travellers.
An increased level of security
"The global and remote work lifestyle has been a growing sector but has been accelerated due to the pandemic. By adding Safeture's technology, we give our policyholders an increased level of security and instant protection while travelling, all within a native app for our Juvo experience," said Allen Koski, President and Chief Innovation Officer at Insured Nomads.
Magnus Hultman, CEO of Safeture, added: "This is a key order for us. It clarifies the shift in the economy, and it is obvious for attractive employers to offer adequate protection even for the category of employees who rarely set foot in an office - always out of office. I think we will see more of this in the future.”
Counselling and telemedicine will be included
With Safeture's technology, Insured Nomads can offer policyholders a blended and unique suite of benefits. Including custom technology, insurance, counselling, telemedicine, global location intelligence, SOS/panic button response with boots on the ground and duty of care, as part of the Juvo-branded app experience.
The collaboration with Insured Nomads begins on 1 April 2021.
In December last year, Safeture reports suggested that business travellers are not comfortable to resume travel yet; and intra-company travel is to decrease by 60 per cent, even after the pandemic.
About Insured Nomads
Insured Nomads is the first to take an integrated traveltech, fintech and insurtech solution to the world for remote workers, globally distributed teams, expats, and travelers. Their purpose is to make travel as safe and smart as staying at home. They do this by providing health insurance with exceptional medical benefits in tandem with wellbeing, safety, security, and advanced tech-enabled solutions for ease of payment for healthcare, emergency response and evacuation. Insured Nomads is available through affinity relationships, direct, embedded and through select brokers and partners for groups and individuals.
Information on integration, collaboration and partnership contact Brett Estep: brett@insurednomads.com
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