Bought By Many is a free, members-only service that helps users to find insurance for the things in life that are out of the ordinary. Members save an average of 18.6%. The company negotiates discounts directly with insurers for the clients’ unique situations.
PeerCover is the only P2P insurance provider in New Zealand. PeerCover does not involve lending money to friends & family, instead, PeerCover makes cost-sharing simple and hassle-free and as a bonus, users can help out peers.
Guevara is a whole new way to think about car insurance. The service allows users to pool premiums online to save money. Unlike traditional insurance, any money left in the pool at the end of the year stays with the group and lowers everyone’s price next year. Users that keep claims low can save up to 80%.
Uvamo works as a marketplace where both insurance seekers and investors planning to invest in the insurance sector come together. The company leverages technology and replaces the traditional middleman, thereby providing lower premiums to policyholders and attractive risk-adjusted returns to investors. Uvamo’s online data and technology allow to quickly assess the risk of the desired insurance policy and assign appropriate premiums.
Friendsurance has implemented the concept of online P2P insurance which combines social networks with well-established insurance companies. Customers can connect to form individual insurance networks, thereby lowering their annual insurance premiums by up to 50%.
insPeer allows users to share insurance “deductibles” with their friends and family members. It allows users to select the people with whom they plan to share the deductibles.
Common Easy is an online platform where users can create a safety net with their social network.
Dynamis has created an Ethereum-based P2P supplemental unemployment insurance protocol which uses policyholders' social capital to replace underwriters.
Givesurance provides charities with a regular stream of donations from their supporters who have either already donated or maxed out. Charities can create a campaign on Givesurance and reach out to their donors or integrate the Givesurance donation wallet on their website through an API.
Gather is a P2P insurance platform for small businesses. Gather empowers business communities to self-insure and coverage is offered through a captive which is owned by the businesses it insures.
The Inspool platform uses the power of social networks to let drivers connect with family and friends to form their own insurance groups. The group pools premiums together online and trusts each other to only claim when necessary and not to inflate claims.
Jointly is a P2P platform for car insurance. With Jointly, customers can receive up to 70% of the premium back when they keep claims low.
Lemonade is a P2P, technology-first and legacy-free insurance carrier that offers a product that is instantaneous, un-conflicted and delightful. The company—which has not been launched yet—raised $13 million from Sequoia Capital, Expansion Venture Capital and Aleph.
TongJuBao is a P2P risk sharing platform. It establishes a community of shared interests and social relations among Internet users, thereby spreading mutual assistance.