Why We Invested: OTONOMI

The Problem

Cargo Insurance vs. Freight Insurance

OTONOMI: Makes it Significantly Easier to Price and Issue Parametric Cargo Insurance Policies

  • Makes it significantly easier to create tailored parametric insurance products,
  • Makes it easier to design and implement risk prediction and pricing models that are better suited for widely distributed parametric insurance products,
  • More easily uses the increasing variety of data sources to support underwriting and risk management,
  • Automates the processing of claims through automatic trigger event detection using APIs,
  • Automates parametric insurance policy execution using smart contracts,
  • Automates payouts using integrated digital wallets.

A TEAM OF TECHNOLOGISTS FORTIFIED WITH INDUSTRY EXPERTISE

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Early-stage VC — Supply Chain Tech. REFASHIOND. #TWSCF. NYUTandon. FreightWaves. | I’m not afraid to be different. Blog @ www.innovationfootprints.com.

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Brian Laung Aoaeh, CFA

Brian Laung Aoaeh, CFA

Early-stage VC — Supply Chain Tech. REFASHIOND. #TWSCF. NYUTandon. FreightWaves. | I’m not afraid to be different. Blog @ www.innovationfootprints.com.