Sounds like something ZhongAn would do
Sports tickets agency GameHedge offers a 50% refund on tickets if the home team loses by a certain amount of points. This threshold is 17 points for NFL games, 20 points for NBA games, 5 runs for MLB games and 4 goals for NHL games. This innovation is called Good Game Guarantee and is made possible due to the fact that the startup has partnered with an insurer. The company didn’t respond to our request to learn which insurer. Bottom Line: free ‘insurance’ for tickets purchased on its platform. Fun Fact: founded by Warren Friss, which works for a NYC-based law firm and not just your average law firm….