CoverYou Becomes the First European Insurer to Accept Bitcoin
Deventer-based CoverYou has become the first European insurer to accept Bitcoins, making it possible for the users to pay their premiums for insurance coverages for smartphones, tablets and laptops using the digital currency. The payments will be processed directly on the company's website and owners of the aforementioned gadgets will be reimbursed for financial loss resulting from exposure to water, broken screens and theft. In a press release by the company on April 15, CoverYou.nl's Online Strategy Consultant Ewoud Uphof said, "Paying by using Bitcoins stands for innovation and with....
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CoverYou, an insurance company offering coverage for mobile devices such as smartphones, tablets and iPads to Belgium and Dutch clients, has announced that it is accepting bitcoin for premium payment. The company will, however, only accept this form of payment from those who choose to pay the annual cumulative fee. For monthly payments, clients will continue to use the traditional online payment methods. CoverYou relies on iDeal for the bulk of the payments it receives. It is one of the most used local e-commerce payment systems in the Netherlands. It allows customers to buy and pay for....
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The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets. Metromile, Inc., a digital insurer headquartered in San Francisco, is making Bitcoin (BTC) a core part of its business operations, offering further evidence of growing mainstream adoption of digital assets. The company announced Thursday that it will soon give policyholders the option to pay for insurance and receive payment on eligible insurance claims in BTC or dollars. That makes Metromile the first insurance company to both accept premiums and pay insurance claims in....
Vogogo is setting their sights on the European bitcoin market and all the untapped merchants it has to offer. By setting up a strategic business partnership with eMerchantPay, cryptocurrency merchants based in Europe can accept credit and debit card transactions from any customer in the world, as long as they utilize Vogogo and eMerchantPay. According to an official statement, the integration between eMerchantPay and Vogogo is well advanced, with Vogogo expecting a beta launch of their card processing later this month. Vogogo and eMerchantPay Share Excitement for New Ventures. Vogogo CEO....
Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders. Massmutual Buys Bitcoin Worth $100 Million Massachusetts Mutual Life Insurance Company (Massmutual) announced on Thursday that it has purchased $100 million worth of bitcoin and also a $5 million equity investment in Nydig, a provider of institutional investment and technology solutions for bitcoin. Founded in 1851,....