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Vise's pitch
Monday, Sept. 16, 2019 · 3:34 p.m. · 09m 39s
Vise is an app designed to solve two simple problems: what does my insurance covers? Does the price fit with the actual market? By using AI we can make the general terms speak clearly and see if we can find a better insurance product for you (and perhaps at a better price).
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uh_huh
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hello everyone i more you know and i will introduce you to our project right
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before stated before starting i just want to clarify something we
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are an independent projects and we are not affiliated with anyone or
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any company will see why did i do this later later and
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i want to start my pitch by talking but terms and conditions
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the language of the vast majority of terms and conditions is understandably too complex for men
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and this is why we accept them we accept them without knowing what's in here and we accept them because we don't have the choice
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in some domain phrase or even a misplaced comma in the terms in condition article
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can have a huge impact on your everyday life he can put you in trouble
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for example imagine giving your cards will foreign friend thinking that is covered
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now imagine the impact if you as an accident and he's responsible for that with my
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insurance coverage insurance cost the us people cost will my insurance cover the damage on my car
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and in fact is not covered
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because the coverage only work if he's got a swiss driver's license
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it's those cases that we want to avoid
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we want you to be in charge of the situation instead of suffering from it
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we want shoot we want to give you the knowledge so you can acts before anything happen
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and we think we have a solution
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imagine if you have the power to ask a simple question
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to your terms and conditions and to get the simple answer
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that for example if i get my car to my for in front we need to have us with driver's license
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and this is what we do here
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would be it's and a. i. engine able to understand all the terms and
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conditions and able to extract all the key information from it's the things that's matters
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to interact with this engine we developed a mobile map when you
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can ask for detailed information about your coverage using a search engine
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and the only information we need from you is which contract you have from
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which insurers or which credit cat you have because yes critical covers you also
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during this i. c. c. we always have still sells why do we do this
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on the customer parts we know because we are in the situation so basically we wanted to help ourselves
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but can we do something else to make this stance i
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like a system that what if we can help ensure is here
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we see this as virtual cycle between insurance companies customers and us
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insurance company said a product or customer and the care about them they are here they are here when they have a problem
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customers ask us some information about the contract because some things are unclear for them
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and on our part we're helping companies to improve reborn to help we want
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to help them to know that customer better so how we can we do that
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two one so that i will only say one thing is the only place where we don't fly is in front of google
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we never lied in front of a search engine and this is where we value it's
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it's the data people provide you two are were search engine and the
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resulting information we get we can help ensure improve by giving them the data
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for example customers provide we know your contracts which type of contract and why you winters
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the things that matters if you search sorry time with the worst out
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child you know we're search engine we know that it's important for you
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and then you need some time when asking for something you will not have a result
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and having the result is the most meaningful that uh an insurer can get
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because it's means that there is no product on the market that get cover does need
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e. means that is having a direct access to what people really want
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you have to know that what we what we provide here does not exist
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on the market there is not product that can give this limit of information
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the only way insurers can though the customers is by carrying market research
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in market research um it of on small simple all focus group
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he we provide access to road data gets out for what people gave versed in search
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and we are going to sell those data to ensure through assess
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business intelligence platform so they can improve their kristen on that page
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on the customer side our users we interact with our search engine with the
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free company not nothing to pay here because customer are not our clients it's insured
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on the insurer side this is where we get more our money from we are going to provide them and and sire platform
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designed around i was users data insurers will have a direct access
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to our goal mine they will have to pay an annual fee
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to enter the platform d. c. we go from fifty k. two two hundred k. and they
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pay according to the level of detail is it wants and regarding the size of their company
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and speaking of markets we are planning to launch our up on the french
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speaking part of switzerland because we know it well and how insurance works there
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we see switzerland as a great validation for our future developments because
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if we sign as squeeze insurance company it would give
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us a lot of credits to expand on our secondary markets
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our secondary market will naturally be friends as we will only need a few tweaks to our engine
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to add that for the french market in here our obligation is to
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roll because there are much more insurers and more much more potential users
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the insurance business is moving and we know it's because we are part of it
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ensure tech a challenging dior model and actions are made it
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pretty clear statement by saying that ensures need to leverage that up
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to add that that business for the people to make it clients and trick and i think we can have them do that
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our team is made of free people all of us what's a good neutral and like i said we are here i'd as an independent team
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we have a solid background in working with ensure an understanding how that works we complement each other
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everyone does expenses that it knows a lot about the insurance business in love to make things happen
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but some are as a solid vision on where we need to go in term of technology
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and i personally care about their vision and i want to bring credibility to our message
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and the last thing about this we spent countless hours working on this project but we always to the time
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to laugh and i think it's in our g. n. a. making it happen but always with a smile
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here is our vision for the next two and a half years right now
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we have a working proof of concept for the yeah initially and the mobile up
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we want to go first or enlarge the up to the public like mean twenty twenty
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we will be physically focusing exclusively on french language in french speaking part of switzerland
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after that we are going to start working on this as
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business intelligence platform and at that the engine for the french market
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and by twenty twenty two we want to sign as with that and ensure before
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launching the platform officially and then start working on another language for the for the engine
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now that you see what we plan here are some key metrics we want to
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achieve by twenty twenty four our goal is to get twenty record being paying insurers
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three language reported by what engine french german and english
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five million reckoning user that use the at at least one time for months
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and finally to reach one hundred million search request on the engine
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the more people and search requests we have the more correct we're we want to be
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comic she played your interest on the ledge and we put everything aside to do that
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being part of the i. c. c. was the most fun for us forms more like at the project to a bigger one
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every step during during those three weeks where a challenge but it forced
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us to step back and of the still the call of what we do
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now we want to go first or with the project and we really hope to win a prize here
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this will help us to go faster through the road map and will motivate
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us to continue the long journey that awaits us from all device do we
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want to give a special thanks to all the other teams we had a wonderful time being with you here and we wish you all the success you deserve
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and also we want to take it is yep for making this possible
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