Topic: [ANN] [IPL] InsurePal | Distributed social proof insurance - page 6. (Read 12685 times)
I was reading resumes of previous AMA sessions and found many interesting things. I have got answers of questions which usually appear in mind. It is not easy to convince everyone to go for non familiar methods or alternatives of traditional ones. At the same time to educate the people is important. I think awareness about cryptocurrencies and blockchain based project is on the rise. InsurePal has done lot of work and understand the challenges and solutions. I also am long on this because this requirement of the time.
Future for #Insurtech
Q4 is comming and the release of the platform with it. Excited ? I am really looking forward to this to see social proof in action. I think the platform once it is up and running will spread fast.
Q: What’s the biggest obstacle right now related to this project and how do you intend to overcome it?
A: Currently the biggest obstacle that we’re facing with is to communicate what are we currently working on (and create an understanding about the time this takes) towards the community. This is now done with consistent marketing actions and support across all our channels. The launch of the new website will definitely help there too.
Q: Will the pilot insurance provider be tracking data that can be used as a roadmap for other insurance providers of interest?
A: Insurepal will keep track itself of the results and all the necessary data. As a consequence it can show other insurers the effect of social proof and the pitfalls that should be avoided.
Q: What will be the biggest event or important milestone for Insurepal project in 2018?
A: The most important milestone will be the announcement of the insurepal concept with the first partner. Our plan is to develop several partnerships in different countries. We are now actively having meetings and discussions in 4 different countries.
A: Currently the biggest obstacle that we’re facing with is to communicate what are we currently working on (and create an understanding about the time this takes) towards the community. This is now done with consistent marketing actions and support across all our channels. The launch of the new website will definitely help there too.
Q: Will the pilot insurance provider be tracking data that can be used as a roadmap for other insurance providers of interest?
A: Insurepal will keep track itself of the results and all the necessary data. As a consequence it can show other insurers the effect of social proof and the pitfalls that should be avoided.
Q: What will be the biggest event or important milestone for Insurepal project in 2018?
A: The most important milestone will be the announcement of the insurepal concept with the first partner. Our plan is to develop several partnerships in different countries. We are now actively having meetings and discussions in 4 different countries.
We got a medium post about Fridays AMA for everyone to see. nice https://medium.com/insurepal-blog/insurepal-first-ama-recap-9076de8c884d
Previous Friday we hosted our first AMA on InsurePal's official #Reddit channel. We thank everyone who participated in the discussion - hope u had as much fun as we did!
For anyone who missed it, here is a recap of all the questions and answers: https://bit.ly/2LokYoj
https://twitter.com/InsurePal_io/status/1004026701762965505
For anyone who missed it, here is a recap of all the questions and answers: https://bit.ly/2LokYoj
https://twitter.com/InsurePal_io/status/1004026701762965505
Will there be some fresh updates on Insurepal website? There is still website from ICO? Thanks
New website is in development mode - it will be up in one month - stay tuned for more fresh updates about website and join Insurepal Telegram for latest news https://t.me/InsurePal
Sorry, but would it be so hard, to have a website prepared in advance, to then just change the website once ICO is over?
You have any specific questions? You can join Insurepal telegram and ask
this is very interesting
#4 Text loved ones if the driver is speeding
With state-of-the-art innovations (e.g., smartphones, Internet of Things) it is viable to move towards “push” strategies, with the goal of changing the driving behavior of people through an app (or inherent gadget in the car) that messages parents, spouse or friends
#4 Text loved ones if the driver is speeding
With state-of-the-art innovations (e.g., smartphones, Internet of Things) it is viable to move towards “push” strategies, with the goal of changing the driving behavior of people through an app (or inherent gadget in the car) that messages parents, spouse or friends
Will there be some fresh updates on Insurepal website? There is still website from ICO? Thanks
New website is in development mode - it will be up in one month - stay tuned for more fresh updates about website and join Insurepal Telegram for latest news https://t.me/InsurePal
Sorry, but would it be so hard, to have a website prepared in advance, to then just change the website once ICO is over?
I found interesting article on LinkedIN about car Insurance
Car insurance is the most broadly held general protection cover in the United Kingdom (and in other parts of the world), with about 3/4 of all households purchasing it in 2016. Nevertheless, the similarity of these insurance covers prompts competitors starting a price war. This actions result in decreasing customer loyalty and increasing acquisition costs.
How can insurance providers innovate car insurance to make it awesome, attractive and profitable?
#1 Provide instant feedback if the motorist drives well
Driving a vehicle gives close to nothing assuming any, immediate feedback if a driver could improve the situation. Creative innovation makes it conceivable to provides quick feedback, helping drivers to enhance their driving style and urge them to improve the situation.
#2 Point out danger areas if approaching
Much the same as Waze (the notorious cop-spotting application); a mobile app that has been branded by the Insurer continuously informs the driver of the locations that accidents frequently occur. If drivers are approaching these locations, they are cautioned and be aware.
#3 Avoid risky situations by showcasing common accidents
By understanding the frequent causes of road accidents, preventing them and keeping the drivers safe become possible. Presenting a video series with easily followed suggestions branded by an insurer, a policyholder’s involvement in an accident will be reduced.
#4 Text loved ones if the driver is speeding
With state-of-the-art innovations (e.g., smartphones, Internet of Things) it is viable to move towards “push” strategies, with the goal of changing the driving behavior of people through an app (or inherent gadget in the car) that messages parents, spouse or friends.
#5 Hinder drivers from texting if driving
It is illegal to ‘text and drive’ in most states of the United States. This conduct is a primary cause of car collisions. Insurers can provide a mobile app that blocks policyholders from driving and texting at the same time.
#6 Challenge colleagues and relatives on driving safe
Make great driving a challenge to people you care. Risk carriers can provide a branded app that sets up contests for colleagues, loved ones, and friends.
#7 Reward drivers from parents and family if driving safe
Acknowledgment and reward should reach a safe driver from time to time. A gadget can recognize safe driving conduct and foster sincere and honest feedback from real humans.
#8 Appreciate developing driving skills
When it comes to driving, experience behind the wheel is matters more than a person’s age because the first step to averting risks is anticipating hazards. Building such a skill takes a lot of time. Why not count the mileage of the drivers like a car or a plane? “Miles” can be gathered and traded inside a portable application provide by a safety net provider.
#9 Grant free safety training if shown good manner
Driving sheltered and watchful can be rewarded. At the point when drivers are given a free safety feature, they will do even safer.
#10 Reward exemplary drivers with towing service
Insurers can offer drivers the option of trading their accumulated scores (e.g., stored by an application) for a free towing service if there should be an occurrence of an accident or a breakdown. By doing this, a policyholder gets an extra security highlight from his insurance carrier.
In a Nutshell
It takes a great deal of effort innovating car insurance and making it attractive for profitable policyholders. My ten ideas to invigorate and separate car insurance won’t just draw in new clients; however, it will likewise make clients safer, reduce the cost of claims and increase profits.
Car insurance is the most broadly held general protection cover in the United Kingdom (and in other parts of the world), with about 3/4 of all households purchasing it in 2016. Nevertheless, the similarity of these insurance covers prompts competitors starting a price war. This actions result in decreasing customer loyalty and increasing acquisition costs.
How can insurance providers innovate car insurance to make it awesome, attractive and profitable?
#1 Provide instant feedback if the motorist drives well
Driving a vehicle gives close to nothing assuming any, immediate feedback if a driver could improve the situation. Creative innovation makes it conceivable to provides quick feedback, helping drivers to enhance their driving style and urge them to improve the situation.
#2 Point out danger areas if approaching
Much the same as Waze (the notorious cop-spotting application); a mobile app that has been branded by the Insurer continuously informs the driver of the locations that accidents frequently occur. If drivers are approaching these locations, they are cautioned and be aware.
#3 Avoid risky situations by showcasing common accidents
By understanding the frequent causes of road accidents, preventing them and keeping the drivers safe become possible. Presenting a video series with easily followed suggestions branded by an insurer, a policyholder’s involvement in an accident will be reduced.
#4 Text loved ones if the driver is speeding
With state-of-the-art innovations (e.g., smartphones, Internet of Things) it is viable to move towards “push” strategies, with the goal of changing the driving behavior of people through an app (or inherent gadget in the car) that messages parents, spouse or friends.
#5 Hinder drivers from texting if driving
It is illegal to ‘text and drive’ in most states of the United States. This conduct is a primary cause of car collisions. Insurers can provide a mobile app that blocks policyholders from driving and texting at the same time.
#6 Challenge colleagues and relatives on driving safe
Make great driving a challenge to people you care. Risk carriers can provide a branded app that sets up contests for colleagues, loved ones, and friends.
#7 Reward drivers from parents and family if driving safe
Acknowledgment and reward should reach a safe driver from time to time. A gadget can recognize safe driving conduct and foster sincere and honest feedback from real humans.
#8 Appreciate developing driving skills
When it comes to driving, experience behind the wheel is matters more than a person’s age because the first step to averting risks is anticipating hazards. Building such a skill takes a lot of time. Why not count the mileage of the drivers like a car or a plane? “Miles” can be gathered and traded inside a portable application provide by a safety net provider.
#9 Grant free safety training if shown good manner
Driving sheltered and watchful can be rewarded. At the point when drivers are given a free safety feature, they will do even safer.
#10 Reward exemplary drivers with towing service
Insurers can offer drivers the option of trading their accumulated scores (e.g., stored by an application) for a free towing service if there should be an occurrence of an accident or a breakdown. By doing this, a policyholder gets an extra security highlight from his insurance carrier.
In a Nutshell
It takes a great deal of effort innovating car insurance and making it attractive for profitable policyholders. My ten ideas to invigorate and separate car insurance won’t just draw in new clients; however, it will likewise make clients safer, reduce the cost of claims and increase profits.
Insurepal AMA answers are here. - for those who don't use Reddit 
Since the insurance companies will be buying tokens directly off the exchanges, how have these companies reacted to using crypto exchanges and managing security & regulatory grey areas?
What's the biggest obstacle right now related to this project and how do you intend to overcome it?
Currently the biggest obstacle we're facing with is to communicate work being done (and create an understanding about the time this takes) towards the community. This is now done with consistent marketing actions and support across all our channels. The launch of the new website will definitely help there too.
Will the pilot insurance provider be tracking data that can be used as a roadmap for other insurance providers of interest?
InsurePal will keep track itself on the results and all the necessary data. As a consequence it can show other insurers the effect of social proof and the pitfalls that should be avoided.
When new website? and any update in roadmap?
New website will be up and running by the end of June. The initial roadmap, which we presented on the webpage still holds.
Have you held any negotiations with govern-based regulators?
Yes, we did. In fact we had many meetings with regulators. In many cases these were on exchange of opinions basis or introducing our project and implications that might have on insurance market.
Would European General Data Protection regulation affect development of the project?
No, not at all. Our solution will be compliant with GDPR.
Since the insurance companies will be buying tokens directly off the exchanges, how have these companies reacted to using crypto exchanges and managing security & regulatory grey areas?
What's the biggest obstacle right now related to this project and how do you intend to overcome it?
Currently the biggest obstacle we're facing with is to communicate work being done (and create an understanding about the time this takes) towards the community. This is now done with consistent marketing actions and support across all our channels. The launch of the new website will definitely help there too.
Will the pilot insurance provider be tracking data that can be used as a roadmap for other insurance providers of interest?
InsurePal will keep track itself on the results and all the necessary data. As a consequence it can show other insurers the effect of social proof and the pitfalls that should be avoided.
When new website? and any update in roadmap?
New website will be up and running by the end of June. The initial roadmap, which we presented on the webpage still holds.
Have you held any negotiations with govern-based regulators?
Yes, we did. In fact we had many meetings with regulators. In many cases these were on exchange of opinions basis or introducing our project and implications that might have on insurance market.
Would European General Data Protection regulation affect development of the project?
No, not at all. Our solution will be compliant with GDPR.
With the advent of the aging of the world, I believe that the insurance industry will usher in a major development. Distributed Social security insurance is a new starting point.
This sounds cool
As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
Do not forget today is AMA time. Yeah !! https://www.reddit.com/r/InsurePal/
Will there be some fresh updates on Insurepal website? There is still website from ICO? Thanks
New website is in development mode - it will be up in one month - stay tuned for more fresh updates about website and join Insurepal Telegram for latest news https://t.me/InsurePal
Will there be some fresh updates on Insurepal website? There is still website from ICO? Thanks
Good update good
it seems insurepal team is working on track which is nice to hear before summer
https://medium.com/insurepal-blog/insurepal-product-development-update-may-2018-56d409a73878
This year has opened numerous exciting doors and presented endless opportunities for InsurePal as we forge ahead to improve and finalize our platform. With the first commercial implementation approaching fast, the product development team at InsurePal has shifted its efforts into high gear this past few weeks.
First, we held a series of process design sessions at InsurePal’s office to help the team visualize how the prototypes can be aligned with the brick and mortar insurance world where the first incarnation of our social proof platform will spring to life. As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
After that, a couple of product design workshops followed where a London-based insuretech consultancy named Azimuth Insights helped the product team define exact steps that users will need to follow within our responsive web app. Each step that users makes corresponds with a defined screen in a series. When user receives an endorsement from its pals and the discount on insurance policy, a final screen with a champagne-pop notification shows up. Neat, ha?
We thought so too, but couldn’t afford to rest before all the screens were sparkle-polished with every icon positioned to the pixel and with every word of copy in the right place. The latter proved to drain a huge amount of brain power from our copywriting magicians.
Why? Because InsurePal is as much about bits, bytes and blocks as it is about social bonds and trust. And to build trust between you, the people who trust you and InsurePal, our team is ready to do a lot of hard work to deliver a highly secured and stellar platform users will be excited to use.
We aim to make the process of asking your friends for endorsement as easy, quick and efficient as possible. And to do that our team is ready to do a lot of verbal heavy lifting to support you at getting the right message across.
Our team will be happy to answer all questions that will emerge regarding this update in the Reddit AMA on Friday, June 1st.
it seems insurepal team is working on track which is nice to hear before summer
https://medium.com/insurepal-blog/insurepal-product-development-update-may-2018-56d409a73878
This year has opened numerous exciting doors and presented endless opportunities for InsurePal as we forge ahead to improve and finalize our platform. With the first commercial implementation approaching fast, the product development team at InsurePal has shifted its efforts into high gear this past few weeks.
First, we held a series of process design sessions at InsurePal’s office to help the team visualize how the prototypes can be aligned with the brick and mortar insurance world where the first incarnation of our social proof platform will spring to life. As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
After that, a couple of product design workshops followed where a London-based insuretech consultancy named Azimuth Insights helped the product team define exact steps that users will need to follow within our responsive web app. Each step that users makes corresponds with a defined screen in a series. When user receives an endorsement from its pals and the discount on insurance policy, a final screen with a champagne-pop notification shows up. Neat, ha?
We thought so too, but couldn’t afford to rest before all the screens were sparkle-polished with every icon positioned to the pixel and with every word of copy in the right place. The latter proved to drain a huge amount of brain power from our copywriting magicians.
Why? Because InsurePal is as much about bits, bytes and blocks as it is about social bonds and trust. And to build trust between you, the people who trust you and InsurePal, our team is ready to do a lot of hard work to deliver a highly secured and stellar platform users will be excited to use.
We aim to make the process of asking your friends for endorsement as easy, quick and efficient as possible. And to do that our team is ready to do a lot of verbal heavy lifting to support you at getting the right message across.
Our team will be happy to answer all questions that will emerge regarding this update in the Reddit AMA on Friday, June 1st.
Why? Because InsurePal is as much about bits, bytes and blocks as it is about social bonds and trust. And to build trust between you, the people who trust you and InsurePal, our team is ready to do a lot of hard work to deliver a highly secured and stellar platform users will be excited to use.
We aim to make the process of asking your friends for endorsement as easy, quick and efficient as possible. And to do that our team is ready to do a lot of verbal heavy lifting to support you at getting the right message across.
be ware for AMA. great
Good update good
it seems insurepal team is working on track which is nice to hear before summer
https://medium.com/insurepal-blog/insurepal-product-development-update-may-2018-56d409a73878
This year has opened numerous exciting doors and presented endless opportunities for InsurePal as we forge ahead to improve and finalize our platform. With the first commercial implementation approaching fast, the product development team at InsurePal has shifted its efforts into high gear this past few weeks.
First, we held a series of process design sessions at InsurePal’s office to help the team visualize how the prototypes can be aligned with the brick and mortar insurance world where the first incarnation of our social proof platform will spring to life. As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
After that, a couple of product design workshops followed where a London-based insuretech consultancy named Azimuth Insights helped the product team define exact steps that users will need to follow within our responsive web app. Each step that users makes corresponds with a defined screen in a series. When user receives an endorsement from its pals and the discount on insurance policy, a final screen with a champagne-pop notification shows up. Neat, ha?
We thought so too, but couldn’t afford to rest before all the screens were sparkle-polished with every icon positioned to the pixel and with every word of copy in the right place. The latter proved to drain a huge amount of brain power from our copywriting magicians.
Why? Because InsurePal is as much about bits, bytes and blocks as it is about social bonds and trust. And to build trust between you, the people who trust you and InsurePal, our team is ready to do a lot of hard work to deliver a highly secured and stellar platform users will be excited to use.
We aim to make the process of asking your friends for endorsement as easy, quick and efficient as possible. And to do that our team is ready to do a lot of verbal heavy lifting to support you at getting the right message across.
Our team will be happy to answer all questions that will emerge regarding this update in the Reddit AMA on Friday, June 1st.
it seems insurepal team is working on track which is nice to hear before summer
https://medium.com/insurepal-blog/insurepal-product-development-update-may-2018-56d409a73878
This year has opened numerous exciting doors and presented endless opportunities for InsurePal as we forge ahead to improve and finalize our platform. With the first commercial implementation approaching fast, the product development team at InsurePal has shifted its efforts into high gear this past few weeks.
First, we held a series of process design sessions at InsurePal’s office to help the team visualize how the prototypes can be aligned with the brick and mortar insurance world where the first incarnation of our social proof platform will spring to life. As a result, a collection of sketched boxes with labels and arrows around them is safely stored in the InsurePal’s cloud storage, until the time is right to show it to the world.
After that, a couple of product design workshops followed where a London-based insuretech consultancy named Azimuth Insights helped the product team define exact steps that users will need to follow within our responsive web app. Each step that users makes corresponds with a defined screen in a series. When user receives an endorsement from its pals and the discount on insurance policy, a final screen with a champagne-pop notification shows up. Neat, ha?
We thought so too, but couldn’t afford to rest before all the screens were sparkle-polished with every icon positioned to the pixel and with every word of copy in the right place. The latter proved to drain a huge amount of brain power from our copywriting magicians.
Why? Because InsurePal is as much about bits, bytes and blocks as it is about social bonds and trust. And to build trust between you, the people who trust you and InsurePal, our team is ready to do a lot of hard work to deliver a highly secured and stellar platform users will be excited to use.
We aim to make the process of asking your friends for endorsement as easy, quick and efficient as possible. And to do that our team is ready to do a lot of verbal heavy lifting to support you at getting the right message across.
Our team will be happy to answer all questions that will emerge regarding this update in the Reddit AMA on Friday, June 1st.
Insurepal first AMA - that's great for community
#AMA will start this week on #InsurePal Reddit channel! #AMA thread will be open every first Friday of the month at 17.00 CEST and will last for 24 hours.
Participate and ask us what you’ve always wanted to know. $IPL #Blockchain
https://twitter.com/InsurePal_io/status/1001034674410573824?s=19
#AMA will start this week on #InsurePal Reddit channel! #AMA thread will be open every first Friday of the month at 17.00 CEST and will last for 24 hours.
Participate and ask us what you’ve always wanted to know. $IPL #Blockchain
https://twitter.com/InsurePal_io/status/1001034674410573824?s=19
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