This article showcases our top picks for the best Japan based InsurTech companies. These startups and companies are taking a variety of approaches to innovating the InsurTech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Japan InsurTech Companies
justInCase, Inc. is the first pure InsurTech insurance company started its business in July 2018 in Japan.
justInCase was founded by experienced actuaries and data scientists. justInCase provides AI based smartphone insurance, API based accident insurance, P2P insurance, COVID-19 insurance, as well as AI based healthtech insurance..
iChain is Japanese InsurTech startup that innovates the insurance industry based on Blockchain Technology (Distributed Ledger Technology).iChain will make it possible for individuals to manage insurance policy which has been done on paper basis so far by smartphone.iChain realize the world view “Make the world a better place” that can claim insurance claims without hesitation.For insurance companies, we are promoting transformation from insurance provider’s mainframe to distributed technology centered on Web, using iChain Base, a block chain-based insurance policy management and insurance payment process management platform To go. “IChain Hoken Wallet” corresponds to insurance products of domestic insurance companies, and basic information such as the product name, premium, assured, insurance money, period and the insurance policy image In addition to being able to register and view on smartphones, you can share information on subscription insurance to family smartphones.
By managing such risk information in everyday life with “iChain Insurance Wallet”, you and your family can contact insurance companies and make claims and benefits without getting hesitated if you are “if”. “iChain Base” is an insurance business platform for insurance companies.
It is an environment where security and reliability are secured by storing insurance policy information on the block chain. iChain cooperate with insurance provider’s core system and API to provide insurance policy information to policyholders through “iChain Hoken Wallet”..
Global Risk Exchange
Global Risk Exchange (or “GRE”) is a blockchain based, decentralized and open global risk exchange market, with the purpose of helping individuals, companies and organizations to access and trade and manage their risks. GRE completely reconstructed traditional risk management tools(insurance and derivative contracts) in a decentralized way, and will become the underlying operation system to support insurance and derivative transactions in the era of blockchain.
GRE aims to build the infrastructure and trading platform for risk management industry in the blockchain driven world in the near future, by providing a fundamental protocol for the creation of risk events, pricing, trading, information collection and oracles to verdict specific risks. It will enable individuals and institutions around the globe to achieve risk and return equilibrium..
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