Matic partners with HSBC
Matic Insurance is announcing a long-term partnership with HSBC to provide insurance products to the bank’s clients. Under the partnership, Matic’s insurance marketplace of over 40 A-rated carriers will be integrated into HSBC Wealth and Personal Banking offerings.
Matic will deploy home and auto insurance across HSBC’s origination, servicing, and banking client channels, supplementing the top global bank’s life insurance offerings currently available to their clients.
“This is an important step towards delivering meaningful solutions to clients of HSBC that will simplify their daily lives, manage risk, and alleviate the stress of significant life events. This offering will be especially beneficial for our international clients who can rely on this technology for best-in-class insurance products in the US .” – Irene Blumberg, managing director and head of insurance for HSBC Wealth and Personal Banking.
“Coming from the banking industry, we understand the landscape and the fundamental importance of security and sophisticated policies and procedures. We built our technology to leverage data and create a customized user experience with a compliance-driven focus that is critical for the financial industry. We look forward to being a core component of HSBC’s vision of enhancing the customer banking experience.” – Matic CEO and co-founder Ben Madick.