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WorldCover

Funding platform for global insurance, starting with crop insurance…

Shut down

About

WorldCover offers peer-to-peer investments that provide insurance to the global poor. We connect a growing pool of investors who seek uncorrelated investment returns and impact from their capital with a huge and growing need for natural disaster insurance in the developing world.

WorldCover's platform improves food and income security for smallholder farmers in developing countries. More than 70% of the 2.5 billion people living at the “base of the pyramid” throughout the world rely on agriculture for income and sustenance. Farmers face a number of major risks to their livelihoods which they cannot control. Insurance gives them a sense of security even if they have a bad harvest, allowing them to improve their diets, invest in their farms, and send their children to school.

In an increasingly interconnected world, diversified markets are becoming harder and harder to find. WorldCover's investment products offer both retail and professional investors attractive yet uncorrelated returns with the world's financial markets.

Topics

FintechInsurance
Location
New York, NY, United States
Team size
20 employees
YC batch
Winter 2016
Status
Shut down
Stage
Growth stage

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Questions and answers

What does WorldCover do?

Funding platform for global insurance, starting with crop insurance…

Where is WorldCover based?

New York, NY, United States

How many people work at WorldCover?

20 employees, according to the company profile.

Has WorldCover raised money?

There are no funding rounds for WorldCover in our data.

What are the alternatives to WorldCover?

Similar startups: Corgi Insurance, Jerry, and Ledger Investing.