Prince Insure

  • FOUNDING YEAR: 2016
    LOCATION:
    Australia
    Last Update: 02, eD714 c
    Company priority:
    In fund-raising mode.
  • MEDICI analysts will analyze Prince Insure soon
    Prince Insure is an early stage InsurTech start up looking to innovate through a technology platform the affinity/professional lines space world-wide. We are currently developing a professional to professional insurance platform, based on the peer to peer insurance concept. Prince in partnership with professional member associations will provide professional liabilities insurance to professional communities & bring professional communities together. It’s aim is to change the way professionals interact with their professional insurance & build social communities where professionals can engage with their peers/colleagues. This interaction will make them change their behaviour that give rise to claims & improve insurance portfolio performance. Professional Insurance Communities (PIC) will also be able to see in real time how their insurance portfolio is performing from a claims, expense and profit point of view. All profits get paid back to the professional communities. All these functions will be on the digital insurance platform which is in development. Prince is all about protecting, investing & enhancing professional communities
  • MEDICI analysts will analyze Prince Insure soon
    I'm a passionate Insurance professional with almost 18 years experience in the General Insurance industry across a number of roles in Australia. I have recently began the journey of own InsurTech Start Up Prince Insure. I have a deep passion for InsurTech & believe this is great opportunity to improve the industry in leaps & bounds. InsurTech will make a boring grudge purchase like insurance exciting, fresh & bring communities together. InsurTech will make the customer feel like they have control of their insurance & this will engage them on a level never seen in our industry. I truly believe this but I feel in this country Australia (which I love) we are so far behind the rest of the world on the InsurTech..it's like were asleep. I hope to build an InsurTech ecosystem in Australia, so new InsurTech start ups in Australia don't go through the frustrations that I'm experiencing. My InsurTech start up is Peer to Peer Insurance but with a niche focus on a particular area of insurance where I believe with my experience has the greatest affinity. This affinity will bring communities together & change they way they act, feel about their insurance. It will make them change their behaviour to reduce claims & also be able to see how their insurance community is performing from claim, expense & profit view. All these functions will be on the app I'm developing for my start up
    Author: Dino Fedele
  • FOCUS

    MEDICI analysts will analyze Prince Insure soon
    PRODUCTS & SERVICES:
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    REVENUE MODEL:
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    TOP PROBLEM SOLVED:
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    PRODUCT DEVELOPMENT STAGE
    OYEROPTPT
    PRODUCT DEVELOPMENT COMMENT
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    KEY DIFFERENTIATORS
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    PRIMARY CUSTOMER TYPE
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    PEOPLE

    MEDICI analysts will analyze Prince Insure soon
    FOUNDERS:
    Dino Fedele
    NUMBER OF EMPLOYEES:
    1-01
    KEY EMPLOYEES:
    CEO: Dino Fedele
    CTO: David Piacentino
    TEAM COMMENT:
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    ADVISORS:
    Drew Fisher

    TRACTION

    Insufficient information for accurate analysis
    LIVE USERS/TRANSACTIONS:
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    MOMENTUM

    Insufficient information for accurate analysis
    FUNDING COMPLETED:
    ON
    TOTAL FUNDING:
    0
    LISTED:
    NO
    FUNDING SERIES:

    FOR INVESTORS

    FUNDING NEEDED
    K02 0
    USES OF FUNDS RAISED
    PV1.M
    MONTHS LEFT WITH CURRENT CASH BURN RATE
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    COMPETITORS
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