Are you an insurance executive looking for innovative solutions to improve your brand and retail offerings? Look no further than Verofax, the winner of the 2023 Supernova Challenge at Expand North Star Dubai, the world’s largest startup event.

Verofax’s groundbreaking solution combines interactive Product IDs with cutting-edge product recognition, enabled by advanced computer vision. This innovation has empowered consumers to:

• Discover & Validate: Check before you buy product properties, ensuring complete transparency in terms of price, quality, and sustainability.
• Engage Intimately: Through augmented reality, experience custom interactions that redefine brand loyalty.
• Reap Rewards: Earn meticulously curated, personalized discounts anchored in individual purchase histories and preferences.

Verofax is on a mission to strengthen the bond between consumers and brands. This direct connection, established at the moment of purchase, accentuates trust and fosters unprecedented loyalty.

But what does this have to do with insurance? As an insurance executive, you know that building trust with your customers is key to success. Verofax’s solution offers a unique opportunity to establish that trust by providing complete transparency in product properties. This can lead to increased customer satisfaction and loyalty, ultimately benefiting your insurance business.

Additionally, Verofax’s use of blockchain technology ensures the security and accuracy of all product information. This can help mitigate risks and prevent fraud, further benefiting insurance companies.

So how can you implement Verofax’s solution in your own brand and retail offerings? With Riskwolf, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modelling, we enable insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast.

Don’t miss out on the opportunity to revolutionize your brand and retail offerings with Verofax’s innovative blockchain solution. Contact Riskwolf today to learn more.

Source: Verofax Wins GITEX Supernova Web3 & Blockchain Award 2023