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Insurtech Trasti is spreading the premium over 12 instalments. The offer can be used, among others, by Mubi customers

Polish insurtech's new offer was created in cooperation with loan company Wonga

Cashless. pl has learnt that Trasti allows its customers to spread the premium over 12 interest-free instalments The offer is available via comparison engine mubi.pl and at multiagency Diamond Finance.

See also: Diners Club will probably leave the Polish market

The whole process is intended to be as uncomplicated as possible for customers. The only additional data, apart from that which the customer provides anyway when purchasing insurance, is the identity card number. The contract is concluded online and confirmed by a code from an SMS. The customer will also receive reminders about upcoming instalment due dates via SMS. Trasti offers the new service in cooperation with Wonga.

The introduction of the solution was preceded by family & friends tests at Diamond Finance. Currently, the offer is available to all clients of this multiagency and to clients of the Mubi comparison engine who conclude an agreement via call centre. Soon, the 0 per cent instalments will also be available for purchase via the mubi.pl website, and over time also at other distributors selling Trasti insurance, including other comparison engines and agents.

See also: Report on insurtechs in Poland now also available in English language version

Trasti is a young Polish insurtech selling policies from Slovenian insurer Zavarovalnica Triglav. It offers third party liability, accident insurance and assistance policies.

The fact that Trasti will want to offer convenient payment methods has been known for a long time. When insurtech was launched almost a year ago, it already announced, among other things, a subscription model, online payments or 0 percent installments. This direction of development also seems natural for the company if one looks at the people behind Trasti, especially its president. He is Artur Olech, the former head of Generali and Ubezpieczenia Pocztowe, but also the co-founder of hiPRO, an insurtech that creates solutions in the area of policy financing. Now he can transfer his experience from hiPRO to his second project.

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