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May 26, 2021

MiWay taps DSG and Zendrive to support motor insurance offering

South African insurance company MiWay has partnered with Zendrive and DSG to support motor insurance offering MiWay Blink.

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Gain valuable insight on the Motor Insurance industry outlook for Asia Pacific

Asia-Pacific was the fastest-growing region globally during the review period (2016-2020), recording growth at a CAGR of 2.7%. China was the market leader, accounting for 52.9% of the region’s motor insurance premiums in 2020. To help you make the most of this significant growth, GlobalData’s has put together a comprehensive overview of the Asia Pacific motor insurance industry, including market sizing and forecasts. Read ‘Motor Insurance Industry Outlook in Asia Pacific’ for:
  • Analysis of leading insurers in the region
  • Details on regulatory requirements, including licensing rules, capital requirements, taxation regimes, and ownership quotas
  • Analysis of the impact of COVID-19 on the industry
  • Insight into key trends, technology developments, and potential disruptors in the motor insurance industry
  • Recent M&A activity in the motor insurance industry
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by GlobalData
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The move aims to address the growing demand for new motor insurance models which are reflective of driving habits.

MiWay Blink app enables customers to receive car insurance, submit claims and earn cashbacks using a smartphone. The system is powered by Zendrive’s mobility risk intelligence platform and integrated by DSG.

The initial offering is developed around a pay-for-what-you-drive concept, aligned with customer requirements.

MiWay Blink head Christiaan Steyn said: “We’re thrilled to be working with DSG and Zendrive in bringing this cutting-edge motor insurance technology to South Africa.

“Zendrive’s advanced technology will help us set a new standard in the customer-first experiences that we pride ourselves on.

“With Zendrive’s technology embedded in our app, we can detect when a client has been involved in an accident which allows us to send emergency services to their location immediately. In severe accidents where a driver is badly injured and not able to call for help, this technology can be lifesaving.”

Zendrive founder and CEO Jonathan Matus said: “As part of Santam — the largest insurer in South Africa with over 22% market share — MiWay is an industry leader when it comes to delivering fairer, more innovative motor insurance offerings.

“We’re delighted to be entrusted to power the MiWay Blink App and help MiWay deliver even more ways for customers to save money, while also making roads safer for everyone.”

Free Report
img

Gain valuable insight on the Motor Insurance industry outlook for Asia Pacific

Asia-Pacific was the fastest-growing region globally during the review period (2016-2020), recording growth at a CAGR of 2.7%. China was the market leader, accounting for 52.9% of the region’s motor insurance premiums in 2020. To help you make the most of this significant growth, GlobalData’s has put together a comprehensive overview of the Asia Pacific motor insurance industry, including market sizing and forecasts. Read ‘Motor Insurance Industry Outlook in Asia Pacific’ for:
  • Analysis of leading insurers in the region
  • Details on regulatory requirements, including licensing rules, capital requirements, taxation regimes, and ownership quotas
  • Analysis of the impact of COVID-19 on the industry
  • Insight into key trends, technology developments, and potential disruptors in the motor insurance industry
  • Recent M&A activity in the motor insurance industry
Improve your business strategy with our extensive report. Download it for free, now.
by GlobalData
Enter your details here to receive your free Report.

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