Insured Nomads has deployed the preeminent fintech/insurtech platform empowering remote workers and adventure travelers to safely & intelligently live, work and play anywhere around the world.
Current Status
Beta products well received, hundreds served through organic unpaid marketing.
First two plans built and just launched.
Two additional launch Q2.
$1,000,000 in sales and $40 million in the pipeline.
Now, activating the distribution channels and have gained significant ground with contracting major brokerages to represent us and send RFPs to us.
Problem or Opportunity
The globally mobile workforce does not have a relevant solution for health, wellbeing and safety, and the legacy carriers are not adapting to the needs of the future of work. People don't know how to get the right coverage as an individual or remote team/globally distributed company - and what is available is antiquated. Connecting this to a global payment card network makes it easy to use as today’s citizen expects.
Solution (product or service)
We are building the preeminent platform empowering remote workers, expats and travelers to safely & intelligently live, work and play anywhere around the world. An unprecedented combination of insurance and technology supporting the global work revolution. An advanced tech-enabled traveltech and fintech paird with insurance as a productized-service with APIs for deployment within EOR/PEO environments, travel and hospitality, and B2B/B2B2C broker channels with some direct to consumer engagement.
Business model
B2B & B2B2C (80-85%) D2C (15-20%)
We take none of the financial risk. 100% transferred, operating from an MGA model. We design the policies, build/enable technology integrations.
We receive commission on the premium for the policies sold, and profit from the ancillary benefits/membership paired with the policy.
Note: Revenue figures listed are gross written premium (GWP)
