justInCase were invited to TechCrunch Tokyo 2018 as a finalist of last year. Ryo Watanabe, our product developer, presented in the section on Product Update in TechCrunch Tokyo 2018.  Link: TC Tokyo 2017 Start-up Battle

-justInCase, the finalist of last year.

justInCase is an Insurtech company. We will change insurance by Technology. Insurance has kind of negative image, so we want to change it. Our company, justinCase makes insurance more fun and familiar to everyone. We got licence last Jun, and started our business in July of this year as a Small-Amount Short-Term Insurer. There are online insurance providers in the market, but still you have to access the site of the insurance company separately. On the other hand, our insurance can complete all process in our App. We introduced this system in japan for the first time. We will continue to launch new insurances more and more.

-How is the P2P Insurance going?

We have not launched it yet, because current insurance business law does not define such a business model.

-What was the response fom the regulator?

There are already some P2P insurers globally, therefore, the regulator seemed to have somewhat expected our application.  It seemed that they were positive, however, it was not possible for them to already grant permission as they still need to examine legal interpretations.

-Who is the user of Smartphone-Insurance?  Is it popular especially among young people?

Yes, but also among 40-50 years old people.

-Is it on daily basis?

No, Smartphone-Insurance is a subscription. The safety scores are calculated by how you treat your smartphone, then renewal premiums will be decided in three months based on the score. After 3 months, if you did not have any accident you can take 30％ premium discount. Plus when you get very high safety score on the app, you can take up to 50％ premium discount.

-I heard you will launch 1 day belongings insurance. How much is it?

Yes, we are ready to launch 1 day belongings insurance that covers Cameras, tablets, and laptops. For example, a laptop can be covered at just around 50 yen.

-What is the background and purpose of the launch of Insurance API?

By using the insurance API, it becomes possible to provide an effortless insurance experience without giving the user extra burden; You can complete all process on that platform when you go travel, buy something, etc.

As a next step, we are going to launch 1 day personal accident insurance that people can join insurance easily.