{"id":6499,"date":"2016-02-22T10:58:06","date_gmt":"2016-02-22T10:58:06","guid":{"rendered":"https:\/\/www.upstreamsystems.com\/press\/press-releases\/upstream-launches-covernow-microinsurance-services-via-mobile-to-developing-markets\/"},"modified":"2023-05-08T12:12:15","modified_gmt":"2023-05-08T12:12:15","slug":"upstream-launches-covernow-microinsurance-services-via-mobile-to-developing-markets","status":"publish","type":"press_release","link":"https:\/\/www.upstreamsystems.com\/pt-br\/press\/press-releases\/upstream-launches-covernow-microinsurance-services-via-mobile-to-developing-markets\/","title":{"rendered":"Upstream launches CoverNow microinsurance services via mobile to developing markets"},"content":{"rendered":"<h3><em>Subscription-based offering provides mobile microinsurance on a mass-scale<\/em><\/h3>\n<p><strong>22nd February 2016, London<\/strong> \u2013 Upstream, a leading mobile commerce accelerator in high-growth markets, has announced the launch of CoverNow (cover-now.com), a new microinsurance solution offered via mobile, providing basic health and life coverage to customers of its Mobile Operator partners.<br \/>\n<a href=\"https:\/\/www.upstreamsystems.com\/wp-content\/uploads\/2021\/07\/final.png\"><img loading=\"lazy\" class=\"aligncenter wp-image-2698 size-full\" src=\"https:\/\/www.upstreamsystems.com\/wp-content\/uploads\/2021\/07\/final.png\" alt=\"final\" width=\"819\" height=\"800\" \/><\/a><a href=\"https:\/\/www.upstreamsystems.com\/wp-content\/uploads\/2021\/07\/final.png\"><br \/>\n<\/a><br \/>\nMicroinsurance is defined as protection for those having a daily income of under $10 and who do not have access to typical insurance policies.<\/p>\n<p>The easy to acquire CoverNow offering removes the usual complexities surrounding enrolment to typical insurance policies, since it involves low premiums, low distribution costs and simple terms and conditions.<\/p>\n<p>Working in partnership with world-leading insurance providers, Upstream offers CoverNow in a number of ways: as a key component of Mobile Operators\u2019 loyalty schemes, as part of a bundle of offerings provided by Mobile Operators to their customers, or as a standalone offering.<\/p>\n<p>CoverNow is initially scheduled to roll out in Egypt and Brazil, with plans to extend to other high growth markets in the near future.<\/p>\n<blockquote><p>Marco Veremis, CEO of Upstream comments: \u201cMicroinsurance is on the rise in emerging markets and is already widely available via other delivery channels, but mobile offers a significant point of difference. Mobile operators have a vital role to play in facilitating wide-spread coverage to those who otherwise would not have access to health and life insurance. CoverNow not only offers mass-scale distribution, providing access to insurance coverage for the \u201cunderserved\u201d, it also provides a simple billing solution through a subscription micro-payment model, facilitated by direct carrier billing. A brilliant example of how technology can enhance people\u2019s quality of life and really empower those living in emerging markets.\u201d<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>For more information please contact:<br \/>\nLucy Westman\/George Chamberlain<br \/>\nDiffusion PR<br \/>\n+44 207 291 0230<br \/>\nupstream@diffusionpr.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upstream, a leading mobile commerce accelerator in high-growth markets, has announced the launch of CoverNow a new microinsurance&#8230;<\/p>\n","protected":false},"author":12,"featured_media":5686,"parent":0,"template":"","tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Upstream launches CoverNow microinsurance services via mobile to developing markets - Upstream<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.upstreamsystems.com\/pt-br\/press\/press-releases\/upstream-launches-covernow-microinsurance-services-via-mobile-to-developing-markets\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upstream launches CoverNow microinsurance services via mobile to developing markets - 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