Argo prepares launch of the first insurance linked to CNH in Brazil

 Argo prepares launch of the primary insurance linked to CNH in Brazil

The Argo Insurance is within the final testing phase to launch the 'Liability Driver' safe a product designed to guard drivers and unforeseen losses arising from compensation for damage to 3rd parties while operating automobiles.


The new insurance are going to be 100% digital and may be hired on the spot, without bureaucracy or large questionnaires, with the sole requirement that the driving force features a National driver's licence (CNH). due to this, the insured also will not got to own a vehicle to rent the coverage.


“We estimate that this new insurance has the potential to serve quite ten million Brazilians. within the vehicle rental segment, for instance, around two million drivers are going to be ready to benefit, as there'll not be a requirement to pay insurance against third parties, ”says Bruno Pereira, CFO and Interim CEO of the corporate.


The insurer estimates that the official launch of the RC Conductor should happen in January, within the coming weeks. The insurance also will include tailored assistance, like repair / winch, mechanical assistance, locksmith and alternative means of transport (MTA).


It is worth remembering that this is often the second product that Argo makes available to the car segment. In July of last year, the North American multinational presented 'Instant', the primary intermittent automobile insurance in Brazil, with point-to-point coverage and protection for twenty-four hours.

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