This innovative partnership integrates the new Flowcode 2 QR platform with REIN’s IX embedded insurance platform, facilitating seamless customer acquisition across both online and offline channels.
Tim Armstrong, CEO of Flowcode, commented: “Eighty percent of the economy is transacted offline. Brands need and want to make it easy for consumers to turn any physical experience into an easy and convenient online transaction. This partnership takes all the friction out of the complicated insurance industry so that consumers can secure insurance coverage almost immediately, no matter where they are or what they need. The partnership is great for consumers and brands, as well as insurers who haven’t had the tools or data to connect the offline and online.”
REIN collaborates with insurance companies to distribute products through a broad partner network. By integrating Flowcode 2’s technology, brands and carriers can create seamless customer experiences and access REIN’s patented QR code and lead generation tools. This partnership offers insurance providers new embedded distribution channels and real-time insights into customer behaviour, enabling adjacent brands to offer value-added insurance products and unlock new revenue streams.
The partnership enhances customer acquisition by automating the process with intelligent data, streamlining the quote-to-purchase journey, and improving risk management. Both REIN and Flowcode aim to modernise the heavily regulated insurance sector by providing secure technology that simplifies operations. For example, Ryder, a leader in logistics and commercial trucks, uses REIN and Flowcode’s QR codes to integrate financial services into their dealerships and online platforms.
Jason Griswold, CEO and co-founder of REIN, said: “Partnering with Flowcode strengthens our embedded insurance network, which connects brands and their customers with premium insurance products in both online and offline environments. This partnership allows us to unlock expansive acquisition opportunities for insurance providers and provides brands with customised solutions to determine when, where, and how to best offer their consumers coverage for the products they need.”
Mike Hamrah, CTO of Flowcode, added: “With REIN’s extensive experience in the insurance industry and Flowcode’s enterprise-grade data security, we’ve been able to seamlessly bridge our consumer experience with REIN’s expertise in insurance technology.”
