wigorta is an insurtech startup that focuses on Peer-to-Peer (P2P) insurance, offering a unique model in the insurance industry. This innovative approach involves a risk sharing network where a group of individuals, such as families or social groups, pool their premiums together to insure against a risk. One of the significant advantages of Peer-to-Peer Insurance is its ability to mitigate conflicts that often arise between traditional insurers and policyholders, as the premiums that are not paid out in claims are not kept by the insurer. Founded in 2019, wigorta is the pioneer in introducing this concept to the Turkish market, embracing the principles of P2P. The startup operates within the Insurance, Insurtech, and Car insurance sectors, reflecting its commitment to addressing various aspects of the insurance industry. With its headquarters in Turkey, wigorta represents an interesting opportunity for potential investors seeking to engage in the evolving landscape of insurance and technology. Despite not having any publicly disclosed recent investments or investors, the promising nature of the business model and its potential for disruption within the insurance sector make it a compelling prospect for consideration.
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