99bros operates as a digital insurance broker providing instant and fully digital insurance policies tailored for younger demographics like Millennials and Gen-Z. The platform simplifies the insurance process, allowing users to quickly assess risks and purchase coverage for specific needs such as micromobility, travel, and devices. Customers benefit from guided product selection, rapid purchasing, and ongoing support from consultants to ensure adequate protection.
Funding
$150K 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
Younger generations often lack adequate insurance coverage due to the complexity and perceived irrelevance of traditional insurance products. They also face challenges in navigating complex paperwork and finding policies that suit their specific needs and digital lifestyles.
Solution
99bros is a digital insurance brokerage that simplifies insurance for Millennials and Gen Z. The platform uses an AI-driven system to analyze user profiles and recommend tailored insurance solutions. Customers can access multimedia content and consult with specialized advisors to make informed decisions. 99bros enables users to quickly assess their coverage needs, obtain quotes, and purchase policies online, eliminating paperwork and lengthy processes. The platform focuses on providing clear information and a user-friendly experience to address the unique insurance needs of younger generations.
Target Audience
The primary target audience is Millennials and Gen Z seeking accessible and tailored insurance solutions.
Features
- AI-powered recommendation engine that suggests suitable insurance coverage based on user profiles
- Digital platform for instant online purchases, eliminating paperwork
- Thematic guides created by insurance experts
- Customer service available via chat, email, or phone call
- Mobile-optimized platform for on-the-go access
- Policies for travel, sports, and micromobility