Everledger (Carrier)

This is a very cool company.  Companies like it inspired this website, and have stoked the intrigue of insurance Technologist around the world.  We may not be many, but we're a global bunch!

Everledger started with tracking diamonds on blockchain, a very cool pairing.  Having tracked over 2 million diamonds to date, everledger is now tracking coloured gemstones, wine and high value art, and various other industries.

What they say about themselves on LinkedIn:

About us
Founded in 2015, Everledger is a leading global enterprise that tracks the provenance of high-value assets on a global digital ledger.

Emerging technologies including blockchain, smart contracts, IoT and machine vision have been harnessed to create solutions for encrypting the immutable provenance of an asset through a distributed ledger platform. The core characteristics of blockchain technology combine with other technologies to form a hybrid model for innovative and effective solutions.

These technological solutions are developed and deployed to markets where provenance matters, providing stakeholders across supply chains with an immutable history of an asset’s authenticity, existence and ownership. This asserts transparency at every stage of the supply chain process which serves to mitigate global risk and fraud challenges faced by stakeholders such as insurance companies and banks.

Everledger started off with tracking diamonds on the blockchain. First, a unique set of data points is extracted from a diamond to create a digital thumbprint.  It is then encrypted on the blockchain permanently, with each movement along the supply chain subsequently encrypted onto the same blockchain throughout its lifetime journey. 

From there, a clear audit trail is provided, to be used by multiple parties throughout the supply chain to verify authenticity and identify chain of custody. 

To date, Everledger has the provenance of over 2 million diamonds cryptographically-certified on the blockchain. 

The Everledger solution has also been introduced into the world of coloured gemstones, fine wine and art, among other industries. It will continue to expand into industries where provenance and certification is paramount to authenticity and value.

Awards and Honors:

- Winner, Open Talent Competition: BBVA Europe 2015
- Winner, Innovation in FinTech: Meffy Award 2015
- Winner, Best in Show: FinTech Finals 2016
- Winner, Best Blockchain Company 2016 : European Financial Technology Awards
- Winner, Best Newcomer 2016: Asia Insurance Technology Awards Hosted by Celent
- Winner, Innovator of the Year- Penrose Award 2016: London Innovators
- Winner, Best B2B Startup, 2016 Digital Top 50 Awards: Presented by Google, Rocket Internet and McKinsey
- Winner, London Global Open Innovation Business Contest 5.0 2017: Presented by NTT Data
- 3rd Place in Smart Dubai's Global Blockchain Challenge
- Winner, Innovator of the Year 2018: Women in IT Awards
 

Their Website:

Everledger.io

HazardHub USA (Carrier)

HubHazard caught our eye because it is at the core of what insurance is all about, being prepared for a sudden and accidental event, they keep an eye out for the big boy risks too.

HazardHub collects info on catastrophic and non-catastrophic but still dangerous risks, and gives free personal lines consumer reports, and consults commercial companies.  These major "Black Swan" events are more and more common these days, and HazardHub gives a breakdown of the likelihood of these instances effecting your home or business, with reports on everything from underground storage tanks, feet to the true coastline, and feet from a fire-hydrant.

Here's what they have to say about their own company on LinkedIn:

HazardHub creates third-generation geospatial risk databases for the continental United States. We build databases for -

Air - Tornado, Straight Line Wind, 2" Hail, Hurricane
Fire - Wildfire, Fire Protection Class
Water - FEMA Flood, Distance to River/Stream, Storm Surge, Tsunami
Earth - Earthquake, Distance to Nearest Fault
Human - Superfund, Brownfield, Fracking Induced Earthquake

Want to see how your property measures up? Enter your address into our consumer site, www.freehomerisk.com, to get a report card on a location. For free!

Here's their website: hazardhub.com

We Go Look (Carrier)

This isn't a cool tool as much as it's an interesting development around the insurance community.  National carriers, down to super regional carriers might find great use for We Go Look though.

Starting as a company with the idea of checking out an eBay product before purchase, We Go Look quickly found a home in the insurance space.  Though they still inspect heavy equipment (for financing usually), preform notary services, and help with other various white collar tasks, their recent 85% acquisition by a global insurance adjuster company (Crawford and Co.) shows just how bit insurance is to their bottom line.

What's really interesting about this company is that they simply use the geo-location and time-stamp features of a smartphone to help anyone freelance on call like Uber,  I think it is a great way to help serve rural spaces be surviced better, and it'll help level up servicing claims after a disaster.  You'll still need seasoned adjusters for nuanced issues, but We Go Look will help get insurance clients served more quickly.

Here's their website:

WeGoLook.com

@WeGoLook

Here's their about us from LinkedIn:

WeGoLook is mobile technology company featuring a crowdsourced platform of 30,000+ "Lookers" nationwide to complete on-demand field services, including inspections and custom tasking. Our agents, known as "Lookers", collect field data, photos, and video via the WeGoLook mobile app and/or complete custom tasking, such as item pickup, delivery, document research and more. WeGoLook specializes in verifying autos, properties, boats, heavy equipment, antiques, electronics, furniture, RV’s and other assets. WeGoLook has expanded to international markets, including the United Kingdom, Canada, and Australia with other countries soon to follow.