The latest partnership news from EIP for you;
EIP, the leading embedded insurance provider, has announced a new partnership with Insurtech Third Party Administrator, Nexacore, to deliver end-to-end device protection and extended warranty solutions across Southeast Asia.
Southeast Asia is expected to remain a high-growth market for device protection and warranty solutions, as rising usage and demand for protection products drive momentum across the wider region. As a result, the Asia-Pacific electronic gadget insurance market is forecast to grow at a 13.7% CAGR through 2030.
The partnership brings together Nexacore’s market presence, client relationships and execution capabilities across the region with EIP’s specialist embedded insurance technology, which supports the distribution and administration of protection programmes at scale.
Together, the two companies will work with insurers, retailers and other distribution partners across SEA to launch and manage device protection and extended warranty programmes through a single, joined-up proposition. The collaboration is designed to give partners access to both local commercial delivery and specialist technology infrastructure, helping them bring programmes to market more efficiently and with a stronger end-customer experience.
For Nexacore, this adds a specialist technology partner with deep expertise in embedded insurance and device protection, strengthening its proposition to clients seeking more than a standalone administrative or distribution capability, offering a more complete route from programme design through to delivery and ongoing servicing.
For EIP, this will expand its reach in a fast-growing region where insurers and retailers are increasingly seeking end-to-end solutions that combine digital capabilities, operational support, and local market execution. By aligning complementary strengths, EIP and Nexacore will help partners reduce launch complexity, improve operational efficiency and embed relevant protection more effectively into customer journeys.
The partnership reflects a broader shift in how protection products are being distributed. Rather than treating insurance and warranties as bolt-on products, insurers and distributors are looking to integrate them more seamlessly at the point of sale, where they can add more value for customers and create stronger commercial outcomes for partners.
By combining specialist embedded insurance technology with regional execution in Southeast Asia, EIP and Nexacore are well positioned to support the next phase of growth in device protection and extended warranty across the region.
Ross Sinclair, Founder and CEO at EIP, said: “Southeast Asia represents a major growth opportunity for device protection and extended warranty but insurers and retailers are often still forced to stitch together multiple providers across technology, administration and local delivery.
“They increasingly want partners who can help them move quickly through an all-in-one approach without compromising on quality or long-term scalability. By combining Nexacore’s reach in Southeast Asia with EIP’s technology and expertise, we’re creating a practical route for clients in the region to launch robust device protection and warranty programmes at scale.”
Melanie Hawgood, Co-Founder and CEO at Nexacore commented: “Joining forces with a trusted technology partner like EIP adds a further layer to our proposition, strengthening the solutions we can deliver to clients.
“Southeast Asia is a high-growth market for device protection and extended warranty and there’s a clear gap for an end-to-end solution that combines strong regional commercial execution with specialist, enterprise-grade technology. We are pleased to be bringing together complementary capabilities from two different regions to build a broader, stronger proposition for the market..”
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