PeerCover
Information by Research Trustfinance
PeerCover is New Zealand's first peer-to-peer (P2P) insurance provider. The company's model allows small, trusted groups of people (peers) to pool their funds together to collectively cover each other's insurance excesses. It is not a replacement for traditional insurance but acts as a supplement to make claims more affordable. Founded on the principle of social insurance, PeerCover aims to reduce insurance costs and realign incentives by having community members support each other directly. The company is registered as a Financial Service Provider in New Zealand (FSP575547).
New Zealand
Industry
- InsurancePRIMARY
Financial
HQ Location