A cooperation between an Insurtech and a real estate company seems unusual, however, in the future this will be undoubtedly the standard in both industries.
The Nassauische Heimstätte | Wohnstadt (NHW) consortium has recognised the advantages of digital insurance solutions and, together with ELEMENT, has developed household content and liability insurance policy that is completely tailored to the needs of its tenants.
Under the brand "mitVersicherung", NHW now offers its tenants the products as an additional online service.
The cooperation with ELEMENT underlines the innovative spirit of NHW perfectly - the company operates its own start-up accelerator "hubitation", in order to make the housing industry of the future more sustainable.
"With the digital insurance solutions from ELEMENT, we have realised another part in our digitalisation strategy. Within the real estate industry, NHW is consequently taking on a pioneering role. Accordingly, we are offering our tenants even more service and at the same time actively shape the digital future of the industry."
The Nassauische Heimstätte | Wohnstadt (NHW) consortium has been offering comprehensive services in the areas of housing, construction and development for almost 100 years.
With around 59,000 rental apartments in Hesse and around 750 employees, it is one of the leading German housing companies.
Building a digital ecosystem has become a strategically important part of many companies. The customisation of insurance products for a real estate company is a promising step along this path.
Here, digitalisation allows to place the companies own brand more strongly on the market, to effectively bind customers and thus differentiate the brand from competitors.
NHW's many years of experience with the needs of its tenants enables them to tailor the insurance solutions precisely to these needs. In combination with the latest technology and modular product creation, a trend-setting innovation for the housing industry has now been implemented.
For the real estate market, the integration of insurance solutions pays off: Not only does the respective company profit from it, but the attractive conditions can be passed on directly to the tenants.
Tailored to the needs of tenants
Insurance purchase and document administration online
Monthly cancellation possible
24-hour damage hotline in case of emergency