88i is a digital insurance provider that offers embedded insurance solutions tailored for delivery operations, ensuring real-time coverage for both goods and delivery personnel during transit. By utilizing data analytics and AI, 88i creates customized insurance plans that enhance operational efficiency and reduce risk for businesses in Brazil's massive digital ecosystem.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Delivery operations face significant risks, including accidents, theft, and damage to goods, leading to financial losses and operational disruptions. Traditional insurance models often lack the flexibility and real-time adaptability required to effectively cover the dynamic nature of last-mile delivery.
Solution
88i provides a suite of digital insurance products designed specifically for the needs of delivery businesses and their personnel. By leveraging data analytics and AI, 88i offers customized, on-demand insurance policies that activate at the beginning of a delivery and deactivate upon completion, ensuring coverage is precisely aligned with the period of risk. These solutions cover both the goods in transit and the delivery professionals, providing financial protection against accidents, theft, and other unforeseen events. 88i's real-time, paperless policies offer a cost-effective alternative to traditional insurance, enhancing operational efficiency and reducing risk for businesses operating within Brazil's digital ecosystem.
Target Audience
88i targets delivery companies, e-commerce businesses, and logistics providers in Brazil seeking flexible and cost-effective insurance solutions for their operations and delivery staff.
Features
- On-demand insurance policies that activate and deactivate in real-time based on delivery status
- Customizable coverage options tailored to specific business needs and risk profiles
- Insurance coverage for both goods in transit (theft, damage) and delivery personnel (accidents)
- AI-powered risk assessment and dynamic pricing based on real-time data
- Paperless policy management and claims processing
- Personal accident insurance includes medical expense coverage and daily allowances for missed work