A French insurer now accepts cryptocurrencies


The insurance of the lion is only fifteen years old, and takes advantage of its youth to get ahead of the traditional players in the sector. The Mulhouse-based insurer has just announced that it will accept payments in cryptocurrency, reports the press relations agency Relations-Publiques.Pro on Thursday.

“Until now, industry leaders sometimes offer products to protect cryptocurrency wallets, but they don’t go much further”, can we read in a press release from the company. Assurance du lion claims to be a pioneer and is opening up to cryptocurrencies, without indicating which tokens will be accepted for the moment. There will of course be Bitcoin, but we don’t know if other tokens will be accepted.

“An unprecedented course”

In Switzerland, as reported Geek’s Journal, the insurer Axa has opened up to cryptocurrency payments since April. Customers who have taken out insurance with this actor can since pay their bill in Bitcoin. The country is ahead of France on the issue of cryptography and decentralized finance.

Read also – The big challenges of the Blockchain in 2022

During the announcement, Axa spoke of a “Response to growing customer demand for alternative payment solutions”. To do this, Axa approached the Swiss company Bitcoin, based in the city of Zug. She is the one who holds the insurer’s tokens.

Far fewer details have been released by Lion Insurance at this time. Especially on the part of his partner. The broker only specified that they had started to think about the project in 2020. This would have made it possible to exceed a “Unprecedented course”.

Among its offers, the Lion Insurance covers both home insurance, auto insurance, 2 wheels, as well as additional health, insurance for businesses, and solutions to cover yourself with an electric scooter and bicycles. .

Like the Nickel bank on the banking side, the Lion Insurance is also trying to emancipate itself in the customer base of the insurance industry. Alcohol level, license cancellation, narcotics… henceforth, it will also integrate aficionados and holders of digital currencies.

Free subscription

Sing up for the weekly email from Coinews that makes reading the news actually enjoyable. Join us for free

Latest stories

You might also like...