Insurance, on demand.
Omocom provides much more than just digital insurance.
Our data-driven products reduce risk, increase sales, and offer you and your users a world-class customer experience. We work with platforms aimed at increasing the use of existing resources, for a more sustainable future.
A conversion tool
Our insurance solutions create trust on your platform and in so doing prompt more people to both rent and rent out as well as buying existing products instead of buying new.
Gives your average order value a boost
Not only do our solutions make more people dare to take the step of consuming more sustainably, we also see that our solutions have a big effect on the average value per transaction since more people dare to share more valuable stuff.
Creates recurring consumers
We see your customers as our customers and thus do everything in our power to ensure that they continue to consume in a sustainable way. Today, 9 out of 10 customers of Omocom state that they intend to continue renting out their goods. This is especially remarkable because this number relates to those customers that have experienced damages during a rental and not all of them had been entitled to receive compensation.
INCREASE YOUR REVENUE
WHAT WE INSURE
Our API-based insurance solutions are available throughout the Nordic region as well as Spain, Portugal and Germany and we are constantly expanding to new countries.
Read more about what we insure below.
ONE PARTNER AND ONE API
We've heard really crazy stories from platforms that needed about 20 different insurance partners in order to operate in a dozen markets, which is a lot. Thanks to Omocom, those days are over. Omocom is licensed to operate throughout Europe and we're already live with customers throughout the whole Nordic region as well as in Germany, Portugal, and Spain. With Omocom, you only need one insurance partner and we make sure to cover your insurance needs in the best way possible to enable a smooth and seamless expansion.
Grow with us!
API-BASED AND DATA-DRIVEN
Omocom's API is tailored specifically for rentals and second hand purchase, whether it is between two companies or two private persons and whether the transaction regards a subscription, leasing, or short/long-term rental. Our solutions enable seamless transactions and excellent user experiences from start to finish.
Our algorithms process large amounts of transactional data from the platforms that are connected to us through our API and enable us to deliver much more than just digital insurance solutions back to our customers.
Our risk engine has a unique ability to personalize risk, which enables individual risk calculations for each individual transaction, in real time.
Our built-in risk assessment also has the ability to reduce and counter fraud on the platforms we are working with.
Seamlessly integrated into your digital flows.
A transaction (rental or purchase) takes place on the platform
Omocom automatically picks up transactional data through API
At the same time as the transaction is completed, a personal insurance letter is created and sent directly to the customer
Should a damage occur during the insurance period, the customer reports the damage directly to Omocom through a digital claims form
Omocom receives the claim and our experienced claims settlers make sure to compensate the customer in the best way possible
Omocom performs lightning fast payouts directly to the customer through our payment partner Trustly
Omocom either sends an invoice to the platform for the number of insurances sold the previous month or collect the payment of the premium at the same time as the primary transaction is carried out
9 OUT OF 10 WOULD RENT OUT AGAIN
When damages occur, you and your customers can feel safe when you have Omocom as your insurance partner. All damages are handled by our experienced claims handlers who will respond both quickly and with exceptional service. Our main mission is to keep the customer's stuff in use, despite the fact that they get damaged during the rental period. Today, 9 out of 10 of Omocoms customers state that they will continue to rent out their stuff even though they have been damaged.