27 05
Warrantee, joining the new business model "Free Insurance Service" in the United States and Singapore-- is IPO in the United States via SPAC also a vision?

This report is translated from English into Japanese. The English version of the article is from Cochilla

The first Warrantee coverage on BRIDGE was in February 2014, seven years ago. Yuosuke Chuono (founder of Warrantee), who was selected as the finalist of the launch event "HackOsaka 2014" hosted by Osaka City and others, took advantage of the rare experience that the appliances bought when he started living alone broke down at one end to launch the service "Warrantee" that digitizes the warranty.

Warranties are often not issued when needed. If such a guarantee can be managed electronically, although convenient services have been made, how to get the enterprise to pay and how to increase the number of users are not considered at all in the future. If you register the guarantee for me, can you guarantee it for another year free of charge? This is what they think is the starting point of the new insurance service.

Warrantee will be funded by Cook Mat (East Stock Exchange: 2193) at the end of 2014 and will begin to explore business synergies. Chuang Yeh said that judging from this experience, "(Cookpad) is free, but it is so amazing to attract users." he once again deeply felt the power of free services. Warrantee currently wants to be the backbone of the service is so free, there is such a background.

Warrantee、米やシンガポールで新ビジネスモデル「無料保険サービス」に参入へ——SPAC経由の米IPOも視野?

In 2017, Warrantee, who had extolled the "digitization of insurance policies", suddenly began to talk about "insurance". The company has joined the on-demand insurance through its cooperation with various insurance companies and independent operations. through this experience, we have learned first-hand what is the insurance law in Japan, government agencies and what kind of adjustment is necessary. And the premium for this on-demand insurance is free of charge what Warrantee calls "Free Einstein."

Free Patriots, who started with home appliances, now have menus for clinics with tens of thousands of yen of medical equipment. When it comes to the way pharmaceutical manufacturers and medical device manufacturers do business with medical institutions, you can imagine MR (Medical replication) field visits and telephone attacks, but the busy situation of medical workers does not seem to be very efficient. As a price for sponsoring free insurance for clinics, medical staff can happily ensure that they listen to conversations if they provide a business channel for manufacturers.

The idea of free insurance can be applied to humans, even if it is not an object. For example, people whose symptoms of osteoporosis are found, free insurance calcium supplements are distributed, clinic test results, and health promotion services based on free insurance can participate in activities. There must be a certain number of people who are resistant to sending their own message, but if the benefits outweigh it, it is easy to understand.

Warrantee's core teams are in Tokyo and Osaka, but it is for this reason that Mr. Yuano was forced to quarantine for two weeks because of the coronal disaster. Although sales and other things are not clear, Friinstein's business seems to be doing quite well, and Warrantee aims to conduct IPO in the United States through SPAC in the near future, according to people familiar with the matter.

In February, Evo Acquisition Corp's program served as a SPAC to support Japanese start-ups in IPO in the United States. With the launch of Japan's search for a way out in a global market such as Warrantee, the number of cases of targeting IPO in the United States will increase in the future.

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