Pioneering an efficient and cost-effective way of insuring the masses.
With technology, loss adjustments can be remotely and automatically determined based on the concept of Index-based Triggers
01 | Index-based "Triggers"
Index-based triggers are threshold values of quantifiable event parameters for catastrophes. These parameters include ground shaking intensities for earthquake, rainfall levels for agriculture, and more.
02 | Transparent Payout Policy
When any of the event parameters exceeds the trigger level, the corresponding payout amounts will be ‘triggered’ between insurers and policyholders.
03 | Efficient Loss Adjustment Processes
Remote sensing and monitoring technologies eliminate the need for extensive on-site damage accessments after a disaster, thereby saving huge amounts of expenses for insurers and providing timely financial relief to the people.