IB is an insurance management app that digitizes and consolidates users' insurance policies, allowing for easy access and sharing among family members. The platform identifies potential claims based on user-reported incidents, helping to prevent missed opportunities for insurance payouts.
Funding
$2.8M 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.
+18Founders
Product
Problem
Many individuals find it challenging to keep track of their various insurance policies, leading to difficulties in accessing policy details during emergencies or when assessing potential claims. This disorganization can result in missed claim opportunities and a lack of awareness regarding coverage benefits.
Solution
IB provides a mobile application designed to digitize and centralize insurance policy management, enabling users to consolidate all their insurance information in one place. The app allows users to easily register and share insurance details with family members, ensuring that critical information is accessible when needed. By inputting incident details, users can leverage the app to identify potential insurance claims, helping them avoid missed opportunities for financial recovery. The platform aims to streamline the insurance management process, making it easier for individuals and families to understand and utilize their insurance benefits effectively.
Target Audience
The primary target audience includes individuals and families seeking a centralized solution for managing and accessing their insurance policies, as well as those who want to ensure they are not missing out on potential insurance claims.
Features
- Digital consolidation of all insurance policies in one app
- Compatibility with over 300 insurance providers, including insurance cooperatives and card-based insurance
- Simplified registration via photo capture of insurance documents
- Family sharing feature for easy access to insurance information during emergencies
- Claim possibility diagnosis based on user-reported incidents
- Visualized insurance status and schedule tracking for renewals and cancellations
- Push notifications for upcoming deadlines and scheduled events
- Secure data storage and sharing with code-based access