Suncorp launches new car insurance mobility bonus
Suncorp Group ‘s insurance brand bingle go is launching a new car insurance coverage underwritten by AAI Limited DBA Vero Insurance. Coverage includes rewarding people when they don’t use their car.
The product was co-designed with Suncorp’s partner Trov . It is built using the Powered by Trov platform with the new mobile app using telematics to smartly detect a customer’s mode of transport and their trip distance to determine qualifying journeys that all contribute to the Mobility Bonus.
“Bingle go is an evolution of a traditional comprehensive car insurance product with additional features and functionality that protects and rewards customers when they’re both travelling by car and by other modes of transport. One of the most exciting elements is a new Mobility Bonus feature where customers can earn an extra 20% off their insurance premium by leaving their car at home and traveling on foot, bike or by mass transit. Our customers expect simple, engaging and rewarding experiences in everything they do. Bingle go makes car insurance as accessible and as easy to manage as your favourite subscription – with month-to-month, cancel any time policies available straight from the app. We know many people are under financial stress at the moment, and bingle go can be a cost-effective way for customers to keep their cars protected, while being rewarded for how they already live. COVID restrictions mean many of us are using our cars differently – with some completely eliminating the daily commute. It is an interesting environment to be launching a new car insurance product and we are confident bingle go’s unique value proposition will provide customers the coverage they need and the features they want, all thorough their smartphone.” – Suncorp CEO Insurance Product & Portfolio, Lisa Harrison.
“Trov and Suncorp have pioneered a new kind of protection that aligns perfectly with the rhythms emerging in personal mobility. By extending protections to people when they choose new mobility platforms, and rewarding them for leaving their cars at home, bingle go ushers in a new way to think about car insurance: it’s intelligent, adaptable, personalized, and entirely digital.” – Trov founder and CEO, Scott Walchek.
Given COVID restrictions, Suncorp is running the pilot in Sydney, Brisbane and Adelaide, and will be offering “heavily discounted” bingle go coverage for 500 customers.