InsurTech hepster expands notebooksbilliger's insurance offering

InsurTech hepster is expanding notebooksbilliger.de's insurance offering with "NBB Care Plus". Customers can now protect notebooks, tablets and wearables with monthly insurance without a deductible.

The electronics platform notebooksbilliger.de (NBB) has announced a new partnership with the InsurTech company hepster. From August 1, 2023, NBB will offer its customers suitable insurance for selected products. Hepster is expanding NBB's existing insurance offering with its specially developed "NBB Care Plus" product. This insurance is available specifically for notebooks, tablets and wearables such as smartwatches and sports watches.

Customers' purchasing behavior and needs have changed significantly in recent years. They no longer just want to buy their new laptop or a camera. They also want the right accessories to go with it

Hanna Bachmann, CRO and Co-Founder of hepster

The new additional service gives customers more flexibility and security. The insurance can be booked as part of a monthly subscription without a deductible or waiting period and offers worldwide cover for drop, breakage, battery damage, weather damage, theft and robbery.

Purchasing the insurance is simple: it is added to the respective NBB product with a single click and becomes part of the shopping cart. The monthly insurance rate is based on the price of the device. The first insurance installment is paid via NBB, after which the insurance is activated and processed by hepster. In the event of a claim, settlement is also handled directly by hepster.

We attach great importance to offering our customers a consistently flexible and customized purchasing experience. This also includes a comprehensive range of services.

Fabian Nösing, Director Marketing at NBB

The market for integrated insurance is booming, as a recent survey of 1,792 participants commissioned by hepster revealed:

• 53 percent of participants have already taken out supplementary insurance. Insurance for smartphones/mobile phones is particularly in demand, with one in five taking out insurance at the time of purchase, followed by laptop/notebook insurance, which 15 percent have opted for.
• For a purchase price of 500 euros, insurance is important for just under 55 percent of participants, while a further 41 percent consider this from a price of 1,000 euros.

The cooperation between hepster and notebooksbilliger.de enables customers to protect their electronic devices with suitable insurance. Just last month, we reported on the Startbase about a successful financing round at hepster worth over 10 million euros. With this announcement, the trio of founders around Hanna Bachmann, Alexander Hornung and Christian Range appear to be on course for further success.