Do n’t worry, we speak : 6 startups revolutionizing insurance in Argentina | Contxto Español ( spanish ), excessively !
Written by : Guadalupe Juárez
Contxto – Nowadays, buying indemnity involves more engineering and less bureaucracy than ever before. Thanks to this, it has been potential to explore companies ’ business models in newly and untapped marketplace niches across different industries .
A will to this is the InsurTech LATAM Forum that happened in Buenos Aires on March 29. It explored challenges, growth and the future of the Argentine and latin american english insurtech sector.

In the adopt market function, we present to you six Argentine insurtech startups making a big difference in the antique indemnity industry .
6 startups revolutionizing insurance in Argentina | Contxto
123Seguro aims to empower its customers by combining clamant price comparison with master advice. Its mission is to provide the widest offer on the internet, hoping to create a new exploiter feel in the policy sector. With this, 123Seguro wants to make insurance more agile, with no formalities and at the best prices .
Founded in 2010, 123Seguro has sold thousands of policies. Since then, it has besides become the leader in Argentina and a pioneer in the area. previously, players such as Google, Endeavor and Zurich Ltd., among others, have praised the ship’s company .
S4 is an ag-tech startup that provides gamble management solutions to ensure regional food production. It ensures the security of producers and companies when systemic risks occur, such as floods or droughts, by paying them in progress .
As a adult datum joyride for risk management, S4 services are used by a broad sector of customers such as banks, insurance companies, agricultural suppliers, and the like .
Focusing on car indemnity, Comparaencasa is an on-line price comparison chopine for indemnity and consumer finance. It operates in Argentina, Brazil, and Mexico ,
Comparaencasa provides healthy filters to make searching for insurance easier and better suited to customer needs. In the procedure, it helps latin american households save time in addition to money.

Alquilando is an on-line market for long-run rentals that simplifies the rental process, minimizes risks and guarantees on-time payments. It is the first digital ecosystem in the real estate sector .
Combining broke services, insurance companies, and banks, it provides customers with the most innovative and complete experience. With their latest financing in January 2018, Alquilando has raised a entire of US $ 900 thousand over two rounds, according to CrunchBase .
Snapcar is a vehicle insurtech startup that, through its app, collects driver equally good as car information. Depending on how and how a lot you drive, Snapcar allows car owners to save up to 40 percentage on their monthly policy. This mannequin is known as Pay How You Drive .
In 2017, the insurance group Munich Re selected Snapcar from more than 540 startups globally, to participate in Mundi Lab. Among the other nine technological projects, Snapcar was the only car insurtech platform. Besides working with MunidLab and Munich Re to keep developing its technology, Snapcar besides improved its commercial enterprise model .
Mecubro is a chopine that creates a new way of merely and promptly obtaining insurance. The inauguration ’ south goal is to solve four problems : time, handiness, costs and veracity .
In hopes of changing and challenging the policy industry, Mecubro has a wide-eyed cognition in the software industry deoxyadenosine monophosphate well. This allows the company to develop respective disruptive innovations that offer consumers enough of policy options.


Made apparent with these startups, technology has helped industries like indemnity to evolve and challenge themselves to adopt new business models .
good as these insurtech startups are emerging in Argentina, there are besides others popping up in Latin America, a well. According to Capgemini ’ s World Insurance Report 2018, about 96 percentage of global insurers say that they are thinking about collaborating with insurtech companies .
consequently, it is identical crucial that these kinds of platforms exist. With more options, people have more possibilities to carry out significant activities, such as acquiring indemnity that supports a more technical life style. ultimately, engineering makes the process then much less boring for customers .

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