The first insurtech in Korea?
Small Ticket claims to be the “first insurtech in Korea” with plans to launch a P2P platform to distribute insurance products using a system of connected groups and controlled risks later this year.
Without arguing over semantics, there’s one more startup in South Korea worth paying attention to. Meet Solidware. Think: a data mining tech to allow insurers to screen new customers. Hey, at one point, it has gotten the attention of AXA Korea.