Tulip and Seyna continue to accelerate in the rental insurance market
Winning a market often lies in the ability to turn bold ideas into commercial realities. Since 2019, Seyna and Tulip have been working together to revolutionise the rental insurance market. Today, this strategic alliance is going from strength to strength, taking on-demand insurance to new heights.
Tulip and Seyna: the success of pay-as-you-go insurance for equipment rental
Tulip, under the management of Amaury Delagarde and Thibaut van der Werf, identified a gap in the market: the need for flexible insurance adapted to new consumption patterns. Their unique approach, based on daily rental, was made possible by a partnership with Seyna, who believed in the project from the outset.
What sets this collaboration apart is its transparency and adaptability. As Thibaut van der Werf points out, ‘With Seyna, insurance is not a mental burden. It allows us to concentrate on our core business’. Thanks to technology such as real-time performance monitoring dashboards, Tulip can react quickly to market fluctuations.
In 2024, Tulip was able to reimburse 95% of reported claims, testifying to the effectiveness of the model put in place. This exceptional performance was accompanied by the implementation of the first bonus-malus scheme for equipment rental, an innovation that continues to differentiate Tulip in the market.
The future looks bright. Tulip and Seyna are planning to expand into new sectors such as construction and motorised two-wheelers. Drawing on technology and a detailed understanding of market needs, this alliance continues to set new standards for on-demand insurance.
Seyna and Tulip demonstrate that with a clear vision and a solid partnership, it is possible to transform complex challenges into concrete opportunities.
