baoba (Accelerator)

Company Description: baoba is marrying location intelligence x technologies to create a marketplace for geodata-driven coverage for the embedded insurance industry. Baoba believes that the key aspects are to offer the right type of insurances (decomposed / modular) at the right time (time-stamp capabilities), at the right place (geo-triggered coverages), and at the right price (parametric, dynamic, etc. pricing). Baoba has an unparalleled strategy as data is in our DNA. We use location data to drive product development and to offer the right products at the right place. We feed back distribution data to create market intelligence and push the right products to our customers. This way we can influence risk calculations, pricing, and offer hyper-personalized experiences. Our vision is to become a key ecosystem player / AI-driven operating system for geo-triggered insurances by leveraging our data-driven approach and distribute our products through B2B2C and later B2C distro channels. Baoba's product suite consists of baobaCONNECT (single API marketplace access) and baobaGO (customer dashboard and app). We create value to incumbent insurers, travel industry partners (GDS, travel tech, online travel agencies, airlines), financial apps, superapps, e-commerce and most importantly our end-customers.