Insurance just got more affordable
Use the power of your social network to lower the cost of insurance.
VouchForMe can help.
VouchForMe is an online social proof platform for gathering guarantees that cuts your insurance premium costs.
Use the power of your social network to lower the cost of insurance.
VouchForMe can help.
VouchForMe is an online social proof platform for gathering guarantees that cuts your insurance premium costs.
is a psychological phenomenon in which people are influenced in their decisions and actions by mirroring other people or social groups.
Family and friends show their trust with a financial commitment that is triggered only in case of an insurance claim. The group backing is social proof and insurance company rewards you by lower premium.
The higher the risk and commitment from you and your friends or family, the lower your cost of insurance. In a system based on sharing, the key component is group trust.
In case of a claim, the deductible will be split proportionally between members of the group who trusts you and one another. But only up to the set amount they guaranteed for, with no hidden fees or additional risk.
VouchForMe is an online tool where family and friends can show they trust each other. That is why everyone will pay less for insurance. Simple as that.
VouchForMe identifies responsible individuals from those who just don’t care. An effective, reliable and cost-effective segmentation and risk assessment tool.
Social proof is the best example of a self-regulated society. VouchForMe promotes responsible behaviour that is built on trust in groups of friends and family.
It’s certainly different from what the majority of insurance companies are doing at the moment. The idea that you can reduce your premiums in any way is a good thing, especially if you look at my age group. As a young male driver, I tend to have much higher premiums as being in the high-risk group, so definitely to be able to get this premium down is a great thing. I think that for the people of my demographic it would be quite an attractive idea because we tend to have quite big social groups, friends who I might vouch for and they vouch back and you both get reduced premiums because of that.
I think it’s a brilliant idea especially for parents who want to insure their children because buying a car is already expensive. I think the idea really appeals to mums, dads, grandparents for new drivers. It’s a great opportunity to show how someone is trustworthy by having people vouch for them. I think it would be a huge success with families and VouchForMe is something I will 100% sure look into for my girl when the day will come. Nowadays, you can get a cheap car but the insurance that always bumps up prices.
26.02.2020Even if you’ve never heard of a peer-to-peer (P2P) network, you’ve probably made use of one. Is P2P something we can use in our everyday social life? You’ll be surprised when you find out that…
Read more
22.02.2020VouchForMe will present their products and introduce the important of social proof, discuss new disrupting models on insurance market and more.
Read more
12.02.2020Freelancing is on the rise, but insurance offers little to freelancers, as premiums are sky-high. Is our Income protection right answer for them? Click here and find out more.
Read more
05.02.2020Following our interview two weeks ago, where Jacob discussed VouchForMe’s goals and target markets. We sat down with Jacob once more…
Read more
29.01.2020Insurance executives, partnering with VouchForMe can reduce the frequency of claims. Click to find out more.
Read more
22.01.2020Jacob Westerlaken is an insurance veteran, with twenty years in the industry. He talks about his goals for VouchForMe this year, and gives his thoughts on emerging trends in insurance.
Read more
15.01.2020A new decade has arrived, and at VouchForMe, we’re excited about the future. Expectations are that 2020 will bring significant changes to the insurance industry.
Read more
30.10.2019VouchForMe presented the product to 22 Automotive Clubs at the FIA Region 1 Startup Challenge and secured a spot at the FIA annual global event in Paris.
Read more
16.09.2019VouchForMe announces a change in the executive management team. The co-founder and acting CEO Matt Peterman will take on the role of the Chairman and Jacob Westerlaken will step up as the new CEO.
Read more
09.09.2019VouchForMe started a new pilot project in the exclusive partnership with the AMZS (Slovene national automobile association) and the insurance company Adriatic Slovenica in Slovenia.
Read more
21.08.2019VouchForMe will showcase the power of social proof in the Star Category of the Challenge to 105 Mobility Clubs from the EMEA region in Vienna on 22nd Oct.
Read more
15.07.2019VouchForMe and Euroins Romania are pleased to announce the launch of a new and unique type of car insurance: facultative motor insurance with a deductible guaranteed by the clients’ social network.
Read more
01.07.2019VouchForMe announced the partnership with the insurance carrier Euroins Romania. The insurer will implement the VouchForMe concept in their motor casco product.
Read more
04.06.2019A 19-year-old Edward Crane explains to Sunday Times why he chose VouchForMe to lower his car insurance premium over other options.
Read more
21.05.2019VouchForMe is featured in a the Disruptor Daily’s Blockchain in Insurance series. Damir Kervina, Chief Product Officer and COO speaks about how our company is using blockchain to transform the insurance business.
Read more
01.04.2019VouchForMe announced a partnership agreement with Swissdacs Group for the introduction of the VouchForMe blockchain based platform in Switzerland, Italy, Germany, and Austria.
Read more
28.03.2019VouchForMe is featured on the list of 100 projects that are pioneering the area of decentralized finance.
Read more
20.02.2019VouchForMe is making progress towards the UK market this year following successful qualitative market research.
Read more
10.01.2019The article from Ignite Digital explores the unique potential for blockchain disruption in Insurance.
Read more
