Business

Brazil's Qualicorp and Banco Inter to sell insurance health plans

The agreement "will allow Inter's more than 11 million clients to hire products from Quali's portfolio in a 100% digital way," said the company

João Vitor Menin, CEO at Banco Inter 06/11/2019. Photo: REUTERS/Nacho Doce
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  • Through the partnership, Inter strengthens its marketplace by offering health insurance plans starting at BRL 100 within its platform;
  • The neobank already offers other types of insurance, such as life, home, and auto.

Brazil’s Qualicorp announced on Monday a partnership with neobank Banco Inter and Inter Seguros for the marketing of collective health plans by the membership.

The agreement “will allow more than 11 million Inter customers to hire products from Quali’s portfolio 100% digitally,” said the company in a statement sent to the Brazil’s Securities and Exchange Commission.

READ ALSO: Brazil’s Banco Inter raises BRL 5.5 billion in stock offering

In an interview with the newspaper O Estado de São Paulo, Qualicorp’s Commercial, Innovation, and New Business VP, Elton Carluci, said that the goal is to diversify the sales channels of health plans to reach new clients.

READ ALSO: After partnering with Brazil’s Inter, NY-based Atom Finance secures a $28 million Series B round led by SoftBank

Through the partnership, Inter strengthens its marketplace by offering health insurance plans from BRL 100 within its platform, according to the newspaper. The neobank already offers other types of insurance, such as life, home, and car.

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