Insurtech Check-In: 9 More Disruptive Startups
April 18, 2016 12:11 PM
The insurance technology startup boom shows no signs of slowing down. Insurance Networking News is committed to introducing insurers to the nascent companies promising to shake up the industry. Read on for more.
Cover
The Cover smartphone app allows consumers to take a picture of the item they want to insure, which the company then shops to several carriers to find the best rate. usecover.com
Cuvva
The similarly named Cuvva is a U.K. company that offers hourly insurance -- in case, for example, you're borrowing a friends car -- quoted and bound through a mobile app. cuvva.co
Guevara
Also in the UK, Guevara is a peer-to-peer insurer -- that is, customers join a peer group to pool costs for only that cohort. heyguevara.com
Instanda
Instanda is a software-as-a-service platform for insurance product development. instanda.com
Poncho
Boston-based Poncho says its goal is to combine the best of human brokers and technology to identify the best coverage for its customers. yourponcho.com
RiskMatch
This analytics company for insurance brokers was started by a former Marsh executive. riskmatch.com
Slice
Founded by former Bolt Solutions executives, Slice is an insurance carrier targeting the on-demand economy -- think Uber and AirBNB -- with digital distribution. slice.is
Spex
Two claims adjusters dissatisfied with the largely "analog" experience of claims adjusting created Spex to make the process more digital. Files are stored in the cloud and new methods of gathering information -- like drones -- are embraced. spexreport.com
WorldCover
Finally, WorldCover is a microinsurance platform founded by two MIT graduates. worldcovr.com