Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch an automated digital travel insurance product. As of last week, Cellcom customers and their families can now benefit from seamless digital travel insurance coverage while traveling abroad, effortlessly activated through their mobile devices on every flight.
This groundbreaking service is the outcome of a collaborative effort between Menora Mivtachim and Ledgertech, an innovative insurtech company that has developed an advanced platform for creating embedded insurance products using cutting-edge usage-based models.
Menora Mivtachim stated that this insurance product is based on an annual policy, enabling customers to submit a single health declaration each year, granting them coverage for multiple trips throughout the year. The policy is highly flexible, easily adjustable, and expandable via mobile devices, ensuring maximum convenience for customers. Bid farewell to the tedious process of filling out forms before each trip, as this exclusive digital policy, in partnership with Cellcom, promises to minimize bureaucracy and allow travelers to focus on their vacations.
“We, at Menora Mivtachim, take great pride in offering new and innovative solutions, firmly believing in the power of collaboration. It is only by working together that we can create mutually beneficial solutions for all members of the ecosystem and, most importantly, our valued customers.”
Eran Tirer, Ledgertech’s CEO: “We have created the Ledgertech Low code/No code insurtech platform so that our customers could create new digital embedded insurance products in a matter of days or weeks, enabling their clients to buy insurance where and when they need it. This announcement of Cellcom and Menora Mivtachim Group today is a paradigm shift in the way insurance products are being created, distributed and consumed, bringing innovation and customer service to a whole new level”.