The Smartphone Insurance context
Like everyone else, we bet you guys have smartphones, right? Best tool ever: social networking, selfies taking, video watching, even discussing over the phone… But you also probably know how painful it is to break your phone or have it stolen from you! You feel like you’re the loneliest person in the world. You have no choice but to get another one even though it is damn expensive!
You think your startup can help us reinvent smartphone insurance?
This challenge is made for you. Kamet Ventures, AXA’s startup studio, wants to build the best, 100% digital, as automated as possible, smartphone protection plan.
If you reach the final stage you will have the chance to pitch your project in front of Kamet investment committee. Depending on the results of the pitch session you might win 10,000€ of financial endowment and join Kamet incubation program. A great business opportunity not to be missed!
Did you know that every year, consumers pay $20Bn in smartphone insurance? … And what they get most of the time is a poor experience:
– Expensive price –
– Unclear terms & conditions –
– Burdensome claims notification process –
– Time consuming: it can take a whole week before smartphone gets back –
At Kamet, we are convinced that this has to change. This is why we count on you to help us invent the smartphone insurance as it should be.
Following the pitch session, the winning startup will receive 10,000€ of financial endowment if not selected for the incubation program.