Inmediate Signs MoU With AIG

Inmediate, a smart insurance network venture by Insurance Market Group, has signed a Memorandum of Understanding (MOU) with AIG. This makes AIG the third announced partner of Inmediate – joining Japanese MSIG and Hong Kong-based FWD.

Under the MoU the parties will co-develop smart contract-based insurance policies that will be tested on the Inmediate Network to allow consumers to buy the right coverage with ease – “while getting the best value for money.”