What is Insurtech?
What is Crowdfunding?
Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet. The transactions usually take place on a secure web-based platform. The crowdfunding model is fueled by three types of actors: the project initiator who proposes the idea and/or project to be funded; individuals or groups who support that project; and a moderating organization (the "platform") that brings the parties together.
Why Insurtech crowdfunding?
Insurtech investing involves the purchase, ownership and potentially profitable exit. InsurtechBalcans Hub through its proprietary know-how and networking capabilities helps in commercialization of the invested projects. The Hub selects and develops promising Insurtech ideas fine-tuning them to the expectations of the market. InsurtechbBalkans offers cross-border reach and local expertise thus bringing domestic players to global partnerships. We cure information asymmetry between Insurtech startups and Investors while providing opportunities to be part of future-proof projects.
