"Portable Wi-Fi" Review
25/03/2022
On March 13, hokan, which develops cloud services specializing in the insurance industry, announced a third-party allocation of shares to 500 Startups Japan, BEENEXT, and MID Venture Capital. . The amount of funds raised is 60 million yen, which is the cumulative amount raised for two rounds of seed and pre-seed rounds. Details such as the investment ratio of each company and the payment schedule have not been disclosed.
The company plans to provide a cloud service that streamlines the handling of insurance. Currently, we are developing a tool that can collectively manage dispersed insurance information for businesses operating insurance businesses, aiming to provide a beta version in April. This is a system that automatically registers and visualizes data such as written conditions and receipt amounts, simply by scanning insurance policies and uploading them to the service, such as agents and sole proprietors who run insurance businesses. .
Hokan first provides services focused on the business side, and provides sales support such as when and what products to recommend to customers based on the registered data. After that, it plans to provide general consumers with a household account book-like app that allows them to see the status of their insurance by the end of the year.
The fee is still under consideration as it is before the official service is provided, but the idea was to have a pay-as-you-go billing according to the amount of scanning and inputting data.
According to the company's explanation, about 90% of Japanese households are covered by insurance, and there are figures that each person has an average of about 5 insurance policies. In the past, the only way to manage the information described in such securities was for each company, and it was difficult for the subscriber to know when and how much money would be guaranteed if something happened. hokan works to solve these problems.
The company was founded in August 2017. Mr. Kosaka, the company's representative director, was originally from Prudential Life, and later founded the insurance agency "Financial Japan" in 2013. Having experienced the inefficiency of the insurance industry in practice, he devised this service with Mr. Obana and others with the aim of resolving it.