Portugal General Insurance Key Trends and Opportunities

iptiQ, a digital insurer entered into a bancassurance agreement with WiZink to serve the client in Portugal. More than 10 life and health insurance policies will be clubbed with P&C insurance solutions for WiZink customers.

Fidelidade partnered with Nos to enable Nos’s customers to access Fidelidade’s travel insurance solution via Nos app. The travel insurance provides travel assistance, medical expenses abroad, treatment expenses in Portugal, medical advice by video consultation, Coronavirus (COVID-19) protection, and traveler consultation.

The European Commission introduces many initiatives to promote sustainable activities in the EU. According to the guidelines, financial intermediaries, including insurance companies, are instructed to inculcate sustainability criteria and factors while designing financial products.

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