Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy
by sbr.com / July 21, 2021
It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions.
Singapore-based InsurTech firm Zensung and insurance firms ERGO Pte. Ltd. and Munich Re partnered to launch “Parrot Safe Driver,” a “GO GREEN” motor insurance policy in Singapore
Zensung, on Wednesday, said the policy delivered through its “Parrot” app using artificial intelligence, will make buying and monitoring car insurance “simpler, greener and fairer.” Users can purchase a policy, make a claim and receive safe driving rebates through the application.
It will also allow the policyholders to monitor their trips and repay for the carbon dioxide (CO2) emissions caused, using a globally recognized Greenhouse Gas Protocol to calculate the emissions
The policyholders will also be given the option to become “CO2-neutral” by buying carbon credits from the application, Zensung said.