Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies.

In a statement, Atupri said payments will be made through local regulated crypto financial firm Bitcoin Suisse, with which it has partnered. The Bern-based health company will not hold any bitcoin (BTC) or ether (ETH), only the converted cash it receives from Bitcoin Suisse.

“As digital pioneers in the health sector, we anticipate social trends and offer insurance solutions with long-term prospects,” said Caroline Meli, Atupri head of marketing and sales.

“Blockchain technology and the associated use of cryptocurrencies will become increasingly important,” she added.

Founded in 1910 as a company health insurance fund for the Swiss Federal Railways, Atupri has grown into one of the biggest health insurers in the central European country. In 2019, the firm reported a premium income of $885…

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Source: https://news.bitcoin.com/major-swiss-insurer-adds-bitcoin-and-ether-payments/