Yakoota, Insurance star Guidance
The Yakoota rating summarizes the intrinsic quality of an insurance contract using stars to identify the best insurance contract. It is based on factual data rather than perception-based collection.
The Yakoota rating summarizes the intrinsic quality of an insurance contract using stars to identify the best insurance contract. It is based on factual data rather than perception-based collection.
The Yakoota rating is based on thousands of variables that include all spotted feature of the contract. The developed technology enables to building a factual and fair indicator of contract intrinsic quality.
Yakoota has developed the first ESG rating of insurance contracts based on a methodology consistent with Yakoota rating philosophy. a factual and an independent approach to the Environmental, Social and Governance considerations of each contract rated.
Why is this innovation important?
A sustainable world requires a lot of technological and social innovations. Insurers play a key role as they make risk bearable for economic players, especially individuals and SMEs. Yakoota rating allows for comparing the level of contribution of insurance offers to shape a sustainable future.
In many economic sectors, offers that respect sustainability are often more costly. It’s the famous “end of the world” versus “end of the month” dilemma. In insurance, a responsible offer is not necessarily more expensive. For example, a pay-as-you-go insurance that encourages using a car only when necessary is cheaper than a traditional insurance. Choosing a more responsible insurance is an affordable act for everyone.
ESG dimension is an increasingly popular theme across the globe. Many players are making remarkable efforts for a sustainable future. Yakoota rating aims to recognizing and highlighting these efforts. It will also help uncover the unfortunately still prevalent practice of “Greenwashing.”
At Yakoota, we use Augmented Intelligence (AI) to support smart comparison of insurance contracts, a privilege so far reserved for insurance experts.
We are proud to create the first marketplace solution for a quality-price insurance comparaison through AI: Insurance star guidance.