https://medium.com/@policypalnet/ergo-policypal-to-unveil-flight-delay-insurance-for-hassle-free-claims-388636fc0966
RGO Insurance Pte. Ltd and PolicyPal Singapore Pte. Ltd. are teaming up to roll out a smart travel insurance product powered by PolicyPal Network’s Blockchain Technology. The product will be flight delay insurance with automated claims payouts, made possible with PolicyPal Network’s decentralised application, built on Blockchain.
Globalisation has led to a drastic increase in flights taken each year; however, the infrastructure for handling flight delay claims is still not up to par. This is why PolicyPal and ERGO are underway with an innovative flight delay insurance application.
Just one question: will this cooperation have anything to do with PAL token?
yes and no. eventually, it will be cheaper to buy insurance using pal tokens. maybe now the clients do not use the tokens, but in the long run, with such solid database/customers, using pal to buy discounted insurance can make a lot of differences.
This is a super nice announcement. It's actually quite a big insurer if I am not mistaken. Great news for investors.