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Date: Version:
The Business Model
Canvas • Key Partnerships • Key Activities • Value Propositions • Customer • Customer Relationships Segments • Underwriting insurance • Speed: Customers can • Technology Companies policy obtain insurance in just 90 • Proactive Communication • Homeowners (Condo • Insurance Companies • Issuing insurance policies seconds using App. • Personalized policies and House Owners): • Media Partners • Marketing • Social media engagement Homeowners benefit from • Customer acquisition • Utilization of technology and • Customer service & support flexible monthly • Customer service & AI to makes the insurance • User friendly website subscriptions (starting at retention claiming process faster and $25) and comprehensive • Settling claims seamless. coverage for property and • Technology innovation valuables, all managed • Assisted advice for • Investing premiums digitally. customers catering to specific insurance requirements. • Renters: Renters can get • Key Resources • Channels coverage for their personal • Social cause supporter belongings through a • Technology based platform through donation of unpaid • Website Platform & App mobile app, with affordable • Licenses & regulatory claims to various charities. • Automation of policy monthly subscriptions approvals processing starting at $5. • Experienced team • Social media platforms • Intellectual property • Marketing & partnerships • Earthquake • AI Chat Engine coverage: Seeking specifi c earthquake coverage due to their earthquake prone locations.
• Cost Structure • Revenue Streams
• Technology development cost • Charging premiums in exchange for insurance coverage