Marble, a U.S.-based digital wallet and loyalty platform for insurance, announced on Tuesday it is dropping its waitlist and opening its platform to any U.S. policyholder. The launch comes less than two months after Marble raises $2.5 million through its seed financing round.
Founded and launched in private beta in 2020, Marble states it acts as a “one-hub” digital wallet that allows customers to manage all of their personal insurance details and payments. The company also claims to be the first and only platform that allows customers to earn rewards on their insurance, which can be redeemed in various ways, including premium payments.
“Marble acts as a one-hub, digital wallet where customers can seamlessly manage all of their personal insurance details and payments. Marble is also the first and only platform that allows you to earn rewards on your insurance, which you can redeem in a variety of ways, including towards premium payments, gift cards, and more. “
While speaking about the launch, Stuart Winchester, Founder and CEO at Marble, stated:
“Marble is re-imagining the insured-insurer relationship by building a platform that allows both parties to benefit and engage. Marble is bringing insurance into the twenty-first century, providing members with a personalized insurance wallet, allowing them to take control of their insurance — and earn rewards while doing it.”
Winchester further revealed that Marble offers a different, much more intuitive way for modern customers to interact with their policies and for insurance carriers to engage with their customers He added:
“By offering rewards and adding transparency, Marble is rethinking the current dynamic, increasing engagement and, for our enterprise partners, the likelihood of renewal. Everyone wins.”