Switzerland based renowned health insurance provider, Atupri, recently revealed that it’s over 200k users will now be able to make payments using Bitcoin [BTC] & Ethereum [ETH]. The 110-year old firm claims it’s the “first” insurer in Switzerland to accept crypto assets.
Within an official statement, Atupri added that the new payments will be processed via its collaboration with a native regulated crypto financial firm named Bitcoin Suisse. The Bern-based health company won’t hold any Bitcoin [BTC] or Ethereum [ETH], solely the converted cash it receives from Bitcoin Suisse.
As per the head of marketing & sales at Atupri, Caroline Meli:
“As digital pioneers within the health sector, we anticipate social trends and offer insurance solutions with long-term prospects.”
While adding further, she said:
“Blockchain technology and therefore the associated use of cryptocurrencies will become increasingly important.”
Founded earlier in the year 1910 as a company health insurance fund for Swiss Federal Railways, Atupri has grown into one among the leading health insurers within the central European country. Later in 2019, the firm reported a premium income of $885 Mln.
In line with the head of Bitcoin Suisse crypto payments, Armin Schmid:
“We are pleased about our new collaboration with Atupri & guarantee secure & uncomplicated payment options with cryptocurrencies.”
Among other things, Bitcoin Suisse handles the trading of digital assets for users. It also offers cryptocurrency custody services.
Earlier in May, the company added gold, silver as well as platinum to its platform, permitting its users to trade the valuable metals against both BTC and ETH, as well as 5 other major fiat currencies. the valuable metal trades are available for 24/7 trading with immediate cash settlement, it added.