Belgium’s New P2P Insurance Startup
“Do you have anything in your life that is so valuable to you that you’re willing to pay money in order to preserve it? That’s what insurance is for, right? Except, well, it isn’t… In order for insurance to kick in, something bad must happen first. Wouldn’t it be great if your insurance company rewards you when good things happen to you?”
Think: A P2P Belgian startup offering homeowners and renters insurance with a giveback scheme that’s in open beta. Founded in 2017 and led by Arvid De Coster, Bjorn Vuylsteker and Rémi Wildschut, WeGroup has raised €150K and allows customers to purchase insurance and submit claims via Louise, its virtual assistant.
Bottom Line: “Look at this poor fella, not really what a millennial like myself is looking for…”