Setoo
Create and sell parametric insurance products in minutes.
Overview
Setoo provides a platform that enables businesses to quickly create and sell parametric insurance products. These are insurance products that automatically pay out a pre-agreed amount when a specific, pre-defined event occurs, such as a flight delay or a rainy day during a vacation. The platform is designed to be easy to use and allows for the creation of highly contextual and relevant insurance products.
✨ Key Features
- Parametric insurance platform
- No-code product builder
- Automated claims processing
- API for embedded distribution
- Real-time event monitoring
🎯 Key Differentiators
- Focus on parametric insurance
- Ease of use and speed to market for new products
- Automated claims process
Unique Value: The ability to create and sell innovative, parametric insurance products that provide a superior customer experience.
🎯 Use Cases (3)
✅ Best For
- Used by travel companies and other businesses to offer innovative, parametric insurance products.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Traditional indemnity-based insurance products.
🏆 Alternatives
Offers a much faster and more efficient way to create and manage parametric insurance compared to traditional methods.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
✓ 14-day free trial
Free tier: 1 agent, 10 minutes free
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