Industries

Insurance

Insurance companies can offer the Internet data safe as a secure communication channel to customers or as an additional service to life or household insurance holders.

Scenario 1: Internet data safe as an additional service for insurance holders
Scenario 2: Internet data safe as a secure communication channel to customers

Scenario 1:  Internet data safe as an additional service for insurance holders

  • Household insurance
    As an add-on to household insurance, a data safe offers individuals protection of their important digital data in case of force majeure (fire, water, theft etc.). In addition to the financial coverage of physical assets by the insurance contract, the data safe allows for the recovery of personal digital data in the event of damage or loss.
  • Life insurance
    As an add-on to life insurance, a data safe offers customers long-term protection and storage of their digital assets. An integrated inheritance mechanism allows the secure transfer of data to beneficiaries in case of emergency or death. An online data safe with data inheritance extends provision making to digital assets.

Advantages for the customer

  • Protection and recovery of important data in case of force majeure.
  • Transfer of documents and passwords to beneficiaries in case of emergency or death by means of data inheritance.
  • Highly-secure and confidential storage space for daily use.
Advantages for the insurance company
  • Innovative unique selling proposition (USP).
  • Increased customer loyalty ("sticky product") through logo and company CI/CD exposure at each login.
  • Increased revenues if datasafe is offered commercially.

 

 

Scenario 2: Internet data safe as a secure communication channel to customers

  • Provision of marketing collateral via the data safe
    The data safe is offered to current customers (cross-/upselling) or potential customers free of charge for their personal use. The insurance company provides marketing collateral and material covering different insurance products directly to customers through the data safe.
  • Data safe as a secure communication channel to customers
    In this extended scenario, the insurance company securely provides its customers with all relevant digital insurance documents and correspondence, such as policies, damage reports and messages by using the data safe as a communication channel.

Advantages for the customer

  • Protection of insurance policies, invoices and correspondence. Protection of privacy with regards to the amount insured and savings premium.
  • Clear and structured repository for all insurance documents.
  • Highly-secure and confidential storage space for daily use.
  • Anytime, anywhere and device independent access (also via an iPhone application).
  • Providing an independent service for the storage of all financial documents (based on DSwiss DataInherit data safe).
Advantages for the insurance company
  • Increased customer loyalty ("sticky product“), logo exposure and provision of marketing material.
  • Protection and strengthening of the digital relationship between the insurance company and the customer.
  • Cost reduction by avoiding paper documents.

 

Mock-up Insurance data safe

User interface of an insurance data safe. The data safe may also be seamlessly integrated into an existing insurance Internet platform.