Ooniq

Ooniq
Ooniq
Ooniq is a next generation peer-to-peer insurer. With Ooniq, friends come together to collectively protect the stuff they love. Your friends are your safety net if something were to go wrong. If you and your friends take good care of the stuff you love, you all get a cashback on your premium.

Based in Vilnius, Ooniq is a peer-to-peer (P2P) insurance platform, based on the principles of the sharing economy, where its members form groups of peers in order to protect themselves against losses, make their own decisions on loss compensation using pooled funds and get back the unused ones. Launched in December 2019, this community-driven insurance product was the first start-up approved by the Central Bank of Lithuania to enter the Bank of Lithuania’s regulatory sandbox. Dubbed as the mutual insurer of the future, Ooniq is slowly transforming the global insurance industry.

Vilnius
InsurTech, Sharing Economy, P2P, Insurance
No funding announced yet
2019
https://www.ooniq.lt/

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