Today's insurance industry--one of the world's biggest industries, a critical enabler of economic growth and financial stability--has many problems. While the urge for startups like us will always be to cure existing "pain," we must also find ways to build a future where fewer, "painkillers," are needed.
With this in mind, today we unveil the first part of the foundation of our vision for the future of insurance: focus on prevention before protection using social-based insurance, powered by digitally native communities.
While this is just the beginning for us, we hope to make it as easy as possible for everyone to become a safer driver with two new features we're launching today.
Invite your friends and family members directly from the app, and share your experience to encourage them to stay safe.
By working together, we can substantially eliminate risks from our lives to create a better future for all.
Progress is impossible without change. It's up to us to create it. We welcome everyone to join us on this journey to the future of insurance.