Poleecy Is Live

Meet Italian startup Poleecy :

Think: a mobile-only, blockchain-based provider of short term coverage for car, travel, home, and pet insurance; to name a few. Established in 2017 and officially launched last week (Sep. 21 to be exact), the startup is led by Elio Mungo and Massimo Ciaglia, who have secured ~$350k in funding with plans “to sell 2,500 policies and to collect investments for 1 million euros” by year-end.

Bottom Line: temporary coverage means a temporary consumer and where’s the fun ($) in that?