The insurance industry is also very consolidated and controlled by a few big players and becoming an insurer or launching a novice insurance product often proves impossible. The investors' side is also a very closed circle and only big institutional investors and not retail investors are able to participate and profit from insurance portfolios.
Our business model provides insurance capacity to insurtechs and insurance brokers enabling them to launch their own virtual insurance companies. This capacity comes without the traditional overheads of traditional insurance companies as we connect the technology firm or broker to the capital directly, replacing parties that are not needed in the value chain with technology.
We assist insurtechs & brokers design products and measure their viability and profitability.
We have an insurance syndicate platform for raising capital used to back broker insurance products.
Technology allows us to shift towards an era where financial losses and claims can be prevented.
Access lower cost of capital through off balance-sheet financing in the alternative capital markets. Earn a margin on securitized risks with no capital – much like an asset management fee.
Transition from a capital intensive, low growth financial services stock to one that creates value primarily by using advanced technologies, data and analytics to become a superior assessor of risks.
Securitized insurance is a relatively new and growing asset class uncorrelated to the broader capital markets and economy. Investors get the ability to invest directly in various classes syndicates.
Our platform provides investors with unprecedented risk transparency of underlying insurance risks to make informed investment decisions and to gauge adequacy of risk-adjusted returns.