Global insurance broker Aon has launched a personal car leasing product that includes pay-on-use insurance, giving customers the advantage of saving money when they are not driving.

Germany’s second largest direct car insurer Verti Versicherung AG announced it is now offering a new product starting at 38 euros a year to protect tenants and their assets from possible incidents that may occur in a rental home.

Insurtech business is making headway in Asia’s major markets amid changing customer expectations, the availability of financial infrastructure services, and the coronavirus pandemic, according to a recent report