InsurTech Futures: Ageas launches ‘Tinder style’ app

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The Back Me Up app targets millennials and enables them to insure three items, such as a phone, for £15 per month.

Ageas has launched an app targeted at millennials which will enable them to insure up to three items for £15 per month.

The app works by the user uploading photos of the items they wish to insure. They can then swipe, in a similar way to dating app Tinder, in order to organise their cover needs.

Ageas said the app can cover both possessions and travel experiences. There is no annual contract, no penalty fees, and the option to ‘swipe' possessions in and out.

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