Safeture enters into an agreement with Insured Nomads to provide benefits and services to their users

Safeture has entered into an agreement with the U.S./EU corporation Insured Nomads, the first insurtech company focused on remote workers, digital nomads, expats, and travellers.

As of now, Insured Nomads, with the help of Safeture's technology, can offer and extend policyholders with an upgrade of benefits and services suited to the needs of the new normal. Initially, the agreement runs for three years and gives Safeture 500 000+ USD plus additional revenue with membership growth.

Remote work lifestyle

Although working remotely was initially viewed as a perk, a recent survey of HR, legal and compliance, finance, and real estate professionals found that 47% of respondents will allow remote work on a full-time basis. This increase creates a demand for new and better solutions that guarantee that employees are safe and protected regardless of their workplace. Insured Nomads is at the forefront of addressing these needs and challenges for remote workers, digital nomads, expats and travellers.

"The global and remote work lifestyle has been a growing sector but has been accelerated due to the pandemic. By adding Safeture's technology, we give our policyholders an increased level of security and instant protection while travelling, all within a native app for our Juvo experience," says Allen Koski, President, and Chief Innovation Officer at Insured Nomads.

Offering adequate protection

The agreement gives Safeture more than 500 000 USD over three years plus revenue per user

The collaboration with Insured Nomads begins on April 1, 2021. Initially, the agreement gives Safeture more than 500 000 USD over three years plus revenue per user as membership globally increases.

"This is a key order for us. It clarifies the shift in the economy, and it is obvious for attractive employers to offer adequate protection even for the category of employees who rarely set foot in an office - always out of office. I think we will see more of this in the future," says Magnus Hultman, CEO of Safeture.

Global location intelligence

Our partnership with Insured Nomads signals the true evolution and investment in the remote worker. Identifying their needs and providing the technology to meet them will be the focus of the Safeture and Insured Nomads partnership for the foreseeable future.

With Safeture's technology, Insured Nomads can offer policyholders a blended and unique suite of benefits. Including custom technology, insurance, counselling, telemedicine, global location intelligence, SOS/panic button response with boots on the ground, duty of care and more as part of the Juvo branded app experience.