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Baloon

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Insurance comparison platform enabling accessible and informed policy selection.

Overview

Baloon operates as an insurance comparison platform that allows consumers to assess a variety of insurance products across different categories, including health, life, auto, and property insurance. The platform utilizes algorithms and data analytics to enable users to compare policies based on factors such as premiums, coverage options, and benefits. Baloon targets individuals in several African countries, including Côte d'Ivoire, Senegal, Cameroon, Niger, and Gabon, with the intention of improving access to insurance through a digital broker model. The platform includes features like online subscriptions, mobile money payments, and electronic identity verification, which aim to create a more efficient and secure process for selecting insurance, while addressing issues related to accessibility and fraud in the insurance sector.

Key facts

Founded
2017
Headquarters
Serris, France

Business model

Contact

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About Baloon

What does Baloon do?

Baloon operates as an insurance comparison platform that allows consumers to assess a variety of insurance products across different categories, including health, life, auto, and property insurance.

Where is Baloon headquartered?

Baloon is headquartered in Serris, France.

When was Baloon founded?

Baloon was founded in 2017.

Which sector is Baloon in?

Baloon operates in Insurance Technology, part of Financial Technology.

Who are Baloon's competitors?

Companies similar to Baloon include Bimafy, WiASSUR, and Ta'meen.