Assureful reposted this
🚀 I’m beyond excited to announce the launch of Hong Kong’s first “Pay-As-You-Sell” product liability insurance! The product is compliant with Amazon.com, Walmart.com and all other retail sales channels in the US and beyond! This groundbreaking collaboration between QBE Asia, QBE Hongkong & Shanghai Insurance Ltd, YAS, and Assureful showcases the power of innovation and partnership. By aligning premiums with real-time sales data and leveraging AI, we’re revolutionizing how eCommerce merchants manage risk with a fair and dynamic approach. It’s an incredible milestone to see our tech platform play a pivotal role in transforming insurance solutions for online sellers. Huge congratulations to the teams at QBE and YAS for bringing this vision to life. Let’s continue pushing boundaries and reshaping the future of insurance!
Today, QBE Hong Kong and YAS announced the launch of the region’s first “Pay-As-You-Sell” product liability insurance. This revolutionary model aligns insurance premiums with real-time sales data and AI, providing e-commerce merchants with fair and dynamic pricing based on actual sales activity. Our new solution offers flexible and reliable coverage to Hong Kong enterprises seeking risk management support for their individual e-commerce business models in the US market. The policy covers liabilities such as bodily injury and property damage, personal injury, as well as medical payments. Join us in transforming the insurance landscape for online sellers! For more information, please read our press release: https://lnkd.in/djqPBYer.