InsurTech Spotlight: Walnut Insurance

Walnut Insurance

Company: Walnut Insurance

Website: www.gowalnut.com

Business Category: A technology provider of InsurTech tools to insurance practitioners

Maturity Status: Startup (less than 3 years since product went into production)

Product or Service: Embedded insurance platform for Canadian brands

Area: Both Property & Casualty insurance and Life & Health insurance

Walnut is an embedded insurance platform that enables partners to unlock the insurance opportunity under their brand in 30 days or less. Walnut is driven to make insurance purchasing experiences digital-first, simple, and convenient – creating greater accessibility across life, P&C, and embedded product lines. Walnut currently offers more than 20 types of insurance products, provided by over 15 carriers. Partners include Neo Financial, ATCOenergy, Tim Hortons, and TELUS Communications.

What makes us an InsurTech:

We’re a technology platform that partners with Canadian brand partners to bring embedded insurance programs to life. Customer include TELUS with a geolocation based travel insurance program; Neo Financial across embedded card, mortgage, and app journeys; ATCO/Rumi with a home appliance/home systems warranty bundle, and many more.

Major features & technology used:

Digital-first, API-centric platform approach. Brand partners can integrate once to gain access to many products including custom programs for their audience and their embedded journeys.

About Walnut

Walnut takes a partner-first approach to embedded insurance. We believe customers are best served through relationships developed with existing brands where there is data and insight into why and when a customer needs help with insurance and protection based products. For more information, please visit www.gowalnut.com.

Source: Walnut

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