PeerCover

insurtechcryptocurrencyp2p insurance

FOUNDING YEAR: 2014
LOCATION: New Zealand
Last Update: 19/01/2021

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About

Make your next crowdfund campaign a success with peer-to-peer insuranceWhen a crisis blind sides you, there are many expenses you may not have planned for; expenses not covered by your primary insurance. Unfortunately crowdfunding is unlikely to meet the gap (see calculator here). Bridge the gap with PeerCover's crowdfund donation matching club and get: * donation matching - receive auto-donations based on the number of significant donors * more donations - more people will donate knowing their donation is being matched* good karma - if you don't claim, know how your money has helped others

MEDICI Analysis

PeerCover is the only peer-to-peer insurance provider in New Zealand. PeerCover allows the customers to form a peer group to cover excesses across a range of products in general, health and some life insurance products from different insurance providers. They can withdraw money at anytime. If the Peer Group has made one or more claim, the amount one can take out is reduced proportionally. If the group hasn’t made any claims, they can get their full deposit back.

Focus

PRODUCTS & SERVICES

Crowdfunding Cover - pools in funds from peers and donates them in case of an unwanted incident

REVENUE MODEL

It plans to generate revenue from a claims handling fee per claim initially and eventually it plans to add brokerage for the services offered.

PRIMARY PROBLEM SOLVED

Provide funding for many expenses not covered by primary insurance such as Co-pay, waiting-periods, deductibles, excesses, (sub)limit, warranties.

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People

FOUNDERS

Chris Logan

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Momentum

FUNDED

NO

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

LISTED

NO

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Web Traffic

Web Traffic

MONTHLY VISITS

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AVERAGE VISITS (6 MONTHS)

17.51

MONTHLY VISITS GROWTH

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VISIT DURATION

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VISIT DURATION GROWTH

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PAGE VIEWS VISIT

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PAGE VIEWS VISIT GROWTH

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BOUNCE RATE

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BOUNCE RATE GROWTH

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GLOBAL TRAFFIC RANK

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MONTHLY RANK CHANGE

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MONTHLY RANK GROWTH

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