Pricing Analysis - Insurtech

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Pricing Analysis - Insurtech

Hublio, an insurtech startup based in Ireland, is the only application that plays an almost similar role to the Level Program. Hublio analyzes and explains policy gaps based on customer needs and their current coverage. Other applications that help brokers, agents, and insurers deliver personalized and tailored solutions to their customers include Sherpa, Picwell and FitSense. Below are our findings and an explanation of our research strategy to understand better why some of the requested information could not be obtained.

Hublio

  • Hublio is an Irish insurtech startup that provides a platform to help people understand if they are sufficiently covered or if they still have the correct optimized financial stability for themselves, their families, and their businesses.
  • Hublio leverages a mix of artificial intelligence, behavioral economics, and human advisors to understand if customers are over or under-insured, whether they have duplicate cover, or if they can get the quality products they need at a better price.
  • Hublio offers the following solutions to incumbents (brokers, financial advisors, and insurers):

Pricing

FitSense

Pricing

  • FitSense does not provide any information on its pricing. Potential clients are expected to request a demo.

Sherpa

Pricing

Picwell

Pricing


Research Strategy

After thorough research through the insurance industry sources, news sites, and third-party sites with particular focus on insurtech and technological innovations within the insurance industry, we only found one program that is almost similar to the Level Program. This program (Hublio) analyzes customers' current insurance cover and provides recommendations for personalized cover. Most of the programs/apps/solutions either do not provide any pricing information or one has to request a demo to get the pricing details.
Sources
Sources