

Pineapple
Contact Information
Contact person: Marnus van Heerden
Email address: [email protected]
Contact number: 0724758978
REGION
Africa
Award Category
The Digital Insurer Startup InsurTech Award
New website (confidential)
http://pineappletech.strikingly.com/
Old website:
www.pineapple.co.za
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
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