Retail digital insurance provider Bâloise Assurances and European Open Finance Hub LUXHUB announced the launch of a joint initiative in the field of open insurance.

This partnership will enable financial institutions to integrate mortgage insurance quotes directly within their core banking systems.

The Bâloise Open Insurance Application Programming Interface (API) is now available in the LUXHUB Marketplace.

Now listed within LUXHUB’s Open Finance Marketplace, Bâloise’s Open Insurance API is easily accessible, with comprehensive commercial and technical documentation, as well as sandbox access, freely available to the public.

Xavier Roblin, Head of Corporate Development  and International Relations at Bâloise Assurances Luxembourg explains,

“In a world where connectivity is the condition of all successful business models, and where ergonomics and intuitiveness are so important, Bâloise now enables the interconnection of its services directly into the interfaces that bank advisors, and their customers, are already so familiar with.”

Jacques PÜTZ, CEO of LUXHUB added,

“We have, since our very inception, been convinced about the potential of Open Finance to drive tangible and sizeable impact beyond banking and into the wider financial services sector.

 

Our mantra of ‘innovation imposes collaboration’ is again clearly evidenced, and it is a pleasure to form a partnership with a company so committed to pioneering developments in this direction.”