South African insurtech startup OneSpark has launched what it claims is the world’s first AI-powered, pay-as-you-need, P2P life insurance product in a bid to make policies more efficient and affordable. True to its word, OneSpark has now launched what it is claiming to be a world first life insurance product, “one that’s smart, instant, easy, transparent, and has crazy low premiums”. We replaced the bloated expenses, large profits and archaic processes with smart tech and powerful AI. Plus, we do life insurance completely differently. This means you can save up to 70 per cent compared to other life insurers,” said Josh Kaplan, co-founder and joint-CEO of OneSpark.

Source: The North Africa Journal November 15, 2021 14:23 UTC