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RETAIL, TRANSPORT & LOGISTICS | Staff Reporter, Singapore

Carousell offers in-app vehicle insurance in AXA tie-up

App users will be able to purchase insurance plans in under five minutes.

Online marketplace Carousell has partnered with AXA Insurance to provide car buyers a simpler option to shop for second-hand car and motorcycle insurance coverage through Carousell’s app, an announcement revealed.

Users can receive instantaneous quotes for a range of car insurance plans without having to leave the app, the firms highlighted in a joint statement. After selecting their preferred insurance policy, users can purchase it directly on the app and will be able to typically obtain the policy documents under five minutes.

Also read: UOB rolls out fully automated car loan application process

“Offering insurance directly to car buyers in partnership with AXA makes buying a car even more convenient on Carousell, and will drive momentum to our growing marketplace for second-hand cars and motorcycles,” Carousell’s head of autos Sanjay Shivkumar said in a statement.

Carousell features more than 10,000 listings in the cars category globally and connects sellers and buyers directly through its mobile interface. Carousell users can expect to use the insurance quote service in the coming weeks. 

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