fizzy.axa reaches a new milestone

fizzy.axa is a parametric insurance product launched in sept-17 that covers against flight delay (2h+ delay) for any cause and indemnifies automatically eligible passengers.

A new version

It’s been 9 months since we launched fizzy.axa with the promise of letting an independent computer, Ethereum, decide whether or not the insurer, AXA, should indemnify the covered passengers. Since sept-17, we received feedback from our passengers and the Ethereum community and prioritized the following features, now available in the current version of fizzy.axa:

  1. More coverage options. Whereas in the previous version of fizzy, travellers could only hope to get back the equivalent of a third of their ticket price, we now offer 3 types of coverage: low, medium and high. The traveller can choose the appropriate coverage based on his coverage need.
  2. More routes. Italy, welcome to fizzy. From a few routes a day on the first version of the website, we extended to reach 5% of worldwide routes with a focus on Italy where we now include most of the flights between Rome/Milan and most European capitals.

Heading for new improvements

We improved fizzy, true! But we’re not there yet and we know that we still have a lot of work by the end of the year to reach our next milestone. we have that amount of features

  1. More countries. Today, fizzy is only open to French and Italian residents for regulatory reasons, even though the solution is technically ready for a worldwide access. We shall open this insurance solution to more countries so that you can live the fizzy experience, no matter where you live.
  2. A state-of -the-art solution for partners. After the initial API access, we will open a dedicated section for partners that will allow them to easily and securely integrate fizzy, then launch and monitor their campaigns. Initial tests that we will conduct with early partners will enable us to finetune the list of features we will prioritize.
  3. Crypto-payment. Crypto payment is a long-awaited feature that will help fizzy better address the need of the crypto-community. It will also improve the trustfulness of the fizzy solution. That said, it is not the easiest feature to implement for legal, regulatory and accounting reasons. But we shall do our best to deliver that feature as soon as we can.

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