Death startups and travel startups from the Insurtech Map of the insurance sector
Coinciding with the launch of the 5th Edition of Santalucía Impulsa Startups, in which we seek disruptive proposals for the sectors of Deaths 2.0 and Traveltech, we thought that knowing the innovative startups from the Insurtech Map of the insurance sector in deaths and travel can serve as an inspiration for those who are thinking about sign up for InsurChallenges.The objective of this program is reinventing death and travel insurance adapting to the new consumer that has emerged after the pandemic, and the fact is that COVID-19 has made it necessary to discover new ways of coping with grief of a loss, but also It has changed the way we travel. An example of this and how these problems can be solved are the startups mentioned below.
Death startups from the Insurtech Map
I Leave
“We always think about how beautiful it is to live, so we're not ready to say goodbye.” This is the reason why he was born I Leave, the application that allows create a social will drafting dedications and personalized requests for loved ones. Through the application, the user can create a will in which they must prove to a confidant, who will be the person responsible for activating the death notice and sending dedications. Once this is done, you can create a contact list including family, friends or partner and write a personalized dedication for each of them or for a specific group of people. In addition, the user may Decide what your funeral will be like through a series of express requests that the confidant will receive at the time of death. This is a reflection in life where important decisions are made by yourself. Saying goodbye to someone is always a difficult time, but taking time to express how important that person has been can help you deal with the loss.
My Digital Legacy
My Digital Legacy is an InsurTech and RegTech company that, thanks to a technological and innovative infrastructure, responds to new social needs associated with the Internet and to the interaction with this sector. It is an innovative tool for manage digital assets through control mechanisms that grant the user full authority, protection and control over your identity and assets on the network.It currently has more than one million users, and it is that it represents a additional guarantee in personal insurance policies from different companies. Supplement any policy with coverages such as Digital Testament, Digital Erasure, Online Reputation, Post-Mortem Management and SOS or First Aid Services.This is how, aware of the value of digital identity, make it easier for users to manage their online reputation, the right to be forgotten or the preservation and enforcement of their digital legacy. To this end, they collaborate with funeral groups, notaries, agencies, other service companies and associations or mutual societies. In addition, did you know that My Digital Legacy is one of the first Insurtech startups in offering information and online services aimed at cryopreservation and longevity? If you are interested in this topic, don't miss the primer episode of Santalucía Impulsa podcast on longevity and innovation.
Tellmebye
Leaving a will is important to avoid problems, but death is generally a taboo topic, and talking about digital inheritances and legacies is something that is always left for later. Tellmebye users can set up your own digital heritage quickly and easily at any time in your life thanks to three sectors or services main:
- Legacies: This section helps you manage your last wishes. The company is valid before a notarial will, which makes it possible to include the digital legacy in the notarial will and officially name heirs to the digital content.
- Walls of Remembrance: a wall of memory is a tribute in a private space where friends and family can remember their loved ones through a short biography that describes the person, photographs or videos of important moments in their life and any farewell text that loved ones want to leave.
- Funeral homes: this last function is a complete solution for funeral management, obituaries and ecommerce for flowers, products and donations. It allows funeral homes to manage their services, obituaries, wake rooms or even include the digital signature book in their services.
Testamenta
Testamenta It's the first portal in Spain that offers to process a Will Online. In addition, they are experts in all fields of inheritance law. Combining the best of these two areas, they have created a fast and agile service, but, above all, practical and accessible to users. The company is focused on carrying out the Notarial will O Vital online in four steps: the user fills out the form, a lawyer draws up his will, makes an appointment at the notary and the contract is signed. That's how fast. Making a will is the best insurance for the peace of mind of both the user and their loved ones, especially people with children, pets, mortgages, divorcees or family members of a dependent person.
World Funeral Net (WFN)
WFN is the first digital platform of Tender for funeral services and transfers published by insurance companies, groups or individuals worldwide. On the one hand, WFN multiplies the services available to providers, helping to optimize their resources and increase their margins; and, on the other, it contributes to improving the quality and price of the benefits that consumers access, guaranteeing the respect that this type of act requires. Through an algorithm, the platform collects and classifies the funeral services available anywhere in the world and segments suppliers based on subjective and objective quality criteria. With this information, providers are able to Bid for those who are the best fit to their characteristics or possibilities. In other words, it connects death insurers with funeral providers to help them manage these processes and improve insurance contracting costs.
Innovation in the funeral industry
As we have seen, the funeral sector has been one of the most affected by the pandemic, which has forced companies to reinvent themselves and take steps to change the course of companies in the sector. This is how innovation in the funeral industry has given rise, in addition to those we have already mentioned, to new startups that are based on digitization of funeral management and other post-mortem management. Discover 5 DeathTech startups which, without a doubt, are representative in this area.
Travel startups from the Insurtech Map
Previously we talked to you on the blog about travel startups from the Insurtech Map of the insurance sector, but as you know we launched the According to Insurtech Map, so it was necessary to add some startups to complete the tourism paradigm today. There are many companies that have revolutionized the way of traveling, which have transformed tourist accommodations the way we knew them before the pandemic or that have elevated travelers to the category of travel prescribers. But all of them have one fact in common, and that is that they have been able to take advantage of technology to digitizing the tourism sector.
Airning
One of the most common cases that results in complaints from passengers when they travel is the delay or cancellation of a flight. When this happens, Airning allows the customer to claim for get compensation.The company was founded in 2016 in order to inform and help airline passengers who encounter incidents during your flight such as overbooking, delays or cancellations. This is how it facilitates complaints and takes care of the entire process by monitoring all flights with incidents in real time and contacting each airline to obtain fair compensation for each passenger. Anyone who in the last 5 years has suffered a delay of more than 3 hours, a cancellation without prior notice from the airline or has been involved in a situation of overbooking or denial of boarding without an alternative route, can claim and you are entitled to financial compensation.
FlexMyRoom
The main problem faced by the hotel sector is that many hotels are forced to include free cancellation policy so as not to miss out on sales opportunities.FlexMyRoom is a technology company aimed at hotel entrepreneurs that solves the problem of free cancellations by implementing flexible rates that reduce damage.The idea behind this new flexible rate is to include on hotel websites a service with which to attract guests, an added value that generic platforms do not provide, such as travel insurance for the same price. In addition, it allows the free cancellation: the customer recovers the money and the entrepreneur recovers a refund through the insurer. Thanks to the combination of the concepts of tourism and technology, FlexMyRoom associates travel assistance insurance with each reservation made directly with the hotel, which offers confidence and protection to the guest, and cancellation insurance, which allows you to cancel your reservation without penalty and the hotel to secure its treasury.
GuruWalk
GuruWalk It is the largest international community in Free tours, (in this case Guruwalks) that connect travelers with guides around the world. It is currently present in 100 countries and in more than 1,000 cities. For those who are not familiar with the concept, a Free tour It is a guided tour in which a guide shows a group of people the areas of interest of a city, emblematic places or secrets of it in a fun, entertaining and educational way. However, the fact that it is called “free” does not mean that it is free, but rather a free tour for a fee, that is, here it is the traveler who, at the end of the tour, Decide the amount with which to reward the guide for their activity based on their experience. Thus, the traveler selects the city they are going to visit, choose from the available guruwalks (for this purpose they can contact the guide or read the reviews of other travelers) and makes the reservation for free. Guruwalk creates a community between gurus, who are local guides, and walkers, travelers who enjoy this type of experience, facilitating access to knowledge through unique, quality and accessible multicultural experiences anywhere in the world.
Air Doctor
Air Doctor is a startup dedicated to helping travelers to find a doctor abroad, given the difficulty of receiving quality medical care while away from home, thanks to a global network of local doctors and specialists.Finding themselves in situations that put their health at risk is very common in people who travel abroad, either for the lack of trust in local health services or because we are not familiar with them. It was precisely from this idea that Air Doctor was born, an intuitive and accessible platform for provide travelers with the right medical service that suits their needs no matter where you are. The user who needs it can schedule the visit online or in person in a few simple steps. This startup, which is from Israel but is already present in the Spanish market, applied to the Santalucía Impulsa Startups InsurChallenge last year and since then we have been working with it with another collaboration model.
But it doesn't all end here! El November 18 We will celebrate a event at the LAB of Santalucía Impulsa aimed at entrepreneurs and startups interested in Traveltech and Deaths 2.0 and in the V InsurChallenges Call, and we will have disruptive startups in these two areas. Are you interested? Sign up for the free webinar!And if you too want to be part of the Santalucía Impulsa Startups corporate acceleration program, remember that the call will be open until November 21st. This has only just begun!