At Sug'urta Bozor we help insurance companies earn 30% more profit from each insurance policy sold by providing them with online sales channel, car price calculator and AI damage detection system
Current Status
We have 5 insurance companies using our solution, with 3 more coming in October 2024. In 1.5 years our GMV reached $650K, our monthly GMV is $30K.
Problem or Opportunity
Insurance companies spend too much resources to sell and process one auto insurance policy. Hence, they lose on average 30% of the profit from each policy sold
Solution (product or service)
We provide insurance companies with API that gives them access to our B2C marketplace, car price calculator, remote car inspection system, and AI damage detection system.
Business model
We earn a 20% commission from each insurance policy sold and $10 per car inspection.
Incubation/Acceleration programs accomplishment
1. Plug & Play
2. Innotech
3. Startup Growth Program by UzVC
