Contact person: Marnus van Heerden
Email address: [email protected]
Contact number: 0724758978
The Digital Insurer Insurance Innovation Award
New website (confidential)
Pineapple is the world's fully functioning decentralized insurance offering.
1st : "Shazam" for insurance, snap a picture of the asset and our AI directs you to the correct insurance product
1st : Wallet system allows for a completely decentralized capital base while offering a completely indemnified product and giving users a complete oversight of how their money is used, whilst not sacrificing diversification.
1st : Premiums are not pooled, claims are distributed
1st : Nelson is Pineapple's bot that allows for the absolutely fair treatment in the claims distribution process with a deviation 0.000029651 (this was the difference between the highest and the lowest outlier)
1st : Peer groups are not fixed groups (completely liquid) and each user is in complete control, similar to Facebook friends. A connect to B, B connect to C, C not connected to A. Connecting builds protection in wallet and moves a member from the general community to a hand picked one.
Extensive behavioural economics woven into the fabric of the business model
This was achieved by 3 twenty something year-olds with some pretty awesome partners and a burn rate of less than $200 000 till launch