Daily Markup #927: YAS launches WALKY, the world’s first on-demand outdoor dog insurance; Laka continues to reach more cyclists across Europe

Photo credit: YAS

Insurance unleashed

  • Every dog has its day, and the day has come in the form of the world’s first on-demand outdoor dog insurance!
  • A collaboration between 500-backed YAS MicroInsurance and Liberty International Insurance, the WALKY policy gives dog owners flexible and affordable coverage.
  • What’s great about WALKY?
    • Covers outdoor accidental injury, with vet expenses up to HK$5,000 (~US$640)
    • Covers from age of 8 week to 9 years old, with the same premium for all ages and species
    • No yearly contracts; a ticket can cover even just a 90-minute trip
    • Can be purchased on the YAS app in 3 mins
    • No deductibles, and WALKY can supplement other medical pet insurance plans
    • Coverage includes family, friends, or pet-sitters who walk your dog
  • Here’s a bonus: For every WALKY purchased, YAS will donate 10% of the net proceeds to support SPCA (Society for the Prevention of Cruelty to Animals).
Photo credit: Laka

Turning the wheels

  • In their journey to provide the best bike insurance in Europe, 500-backed bicycle insurtech company Laka partnered with Baloise LU, enabling the team to reach cyclists across the Europe Economic Area.
  • With Baloise, Laka is embedded into the purchase journey, offering customer-centric insurance from the get-go.
  • This is perfect for bike brands or service providers who want to offer insurance as part of their product offering, whether it’s bundled within the purchase of a bike or as part of an ongoing connected subscription service.

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