Ever since Man discovered insurance in the Renaissance, insurance policies have accompanied man and his economy. Today, in developed countries, premiums paid to purchase insurance policies account for about 9% of the gross domestic product, a constantly growing figure.

Insurance satisfies a deep human need: the fear of being unable to control future events. We cannot control the future; at best try to predict it with a large margin of error. In all their forms, insurance policies are the only tool Man invented that allows him to defend himself against risks hidden in the future.

Insurance is based on a statistical assumption: the broader the statistical base, the easier it is to predict the underlying trend. I cannot know whether my debtor will repay me, but I can predict, with relative certainty, how many debtors in a given pool will default and spread the costs.

Precisely because of the fundamental importance of insurance policies, iSwiss launched iSwiss Insurance, its own insurance branch, a year ago.

iSwiss Insurance operates with the iSwiss Group’s own vision: to make financial and insurance services accessible to a wide range of users for Western professionals.

Among iSwiss Insurance’s services are classic policies, health, motor, marine and legal, and the reinsurance of financial products and surety policies to guarantee obligations between private individuals, a fundamental tool for risk management in dealings with counterparties.

The development of technology in the insurance branch, so-called insurtech, has pushed insurance companies to use online channels more. iSwiss Insurance has gone one step further. Through its integrated platform, it allows policies to be activated 24 hours a day, 7 days a week. The multilingual interface allows users from all over the world to take out insurance, whether it is a load of goods, one’s credit, a contractual relationship, one’s car or health: the policy can be purchased online.

“It is important that all insurance tools are accessible,” says Aleo Christopher CEO of the iSwiss Group. “In fact, according to the Global Insurance Market index, the average policy premium has increased by 22% since 2020 at renewal. Therefore, we at iSwiss Insurance have launched a plan with locked-in premiums for the next three renewals.”

Confirming Aleo’s words, the balance sheets speak for themselves: one year after its launch, iSwiss Insurance has already taken a leading role as an insurance company in some non-European markets.