Prince Insure is a Professional to Professional Insurance Platform which protects & invests in professional communities.The professional insurance communities will be able to see in real time how their insurance portfolio is performing from a claims, expense and profit point of view. All profits get paid back to the professional communities.
Prince Insure is a Professional to Professional Insurance Platform, based on peer to peer insurance concept.
Prince will provide professional liabilities insurance to professional communities& bring professional communities together. Its aim is to change the way professionals feel & interact with their professional insurance. This interaction will make them change their behaviour towards claims & improve insurance portfolio performance.
Professional Insurance Communities (PIC) will also be able to see in real time how their insurance portfolio is performing from a claims, expense and profit point of view. All profits get paid back to the professional communities. All these functions will be on the digital insurance platform which is in development.
Prince is all about protecting & investing in professional communities.
- Purchasing professional insurance is a grudge purchase for many professionals
- Many professionals must have insurance to work in their chosen profession
- This can be time consuming &difficult dealing with insurance companies/brokers
- The net result is high levels of dissatisfaction with the insurance process
A Professional to Professional (Pro2Pro) Insurance Platform, where Professionals can apply, quote, buy & renew their professional insurance.
- Save Time (quote, buy, apply, renew & claim on Prince app)
- Save Premium (Low cost insurance model engineered tokeep premiums low)
- Make Money (All profits get paid to their Professional Insurance Community)
- Be Engaged (All members are actively engaged as part of their Professional Insurance Community)
- 640+ Million Professionals World Wide (Total Market) (International Planning & Research)
- 433 Million Professional Members on LinkedIn (Available Market) (LinkedIn Company Page)
- 33 Million Professionals Insured on Prince App (Prince Market Share 2017 – 2020)
- Partnerships: LinkedIn & Professional Member Groups/Associations
- Events: Conferences/Seminars of Professional Member Groups/Associations
- LinkedIn: Sponsored Content & Text Ads to Professional Member Groups
First Professional to Professional Insurance Platform on the market
Ease of Use – Simple full life cycle process
Low Cost Model – All Insurance Processes are governed on the App
Profit Share – All profits are paid back to PIC Members (Share Economy)
Transparency – All members can view performance of their PIC in real time (Claims, Expenses & Profit)
Pro Group Pressure – Members will change attitudes towards claiming & minimise moral hazard
Engagement – All members are actively engaged in all parts of the Insurance process
View Presentation here