Finance

Teller Finance Diversifying DeFi With Travel Insurance

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Koala, which isn’t backed by a big insurance coverage dealer or service, has thus far gathered a capital pool of about $450,000 for its Koala Flex product, which permits vacationers to cancel their journey on the click on of a button and get their a refund. Doing so requires the capability to supply a variety of refunds if needed, defined Koala Insurance coverage CEO Ugo Weyl, including that risk-averse insurance coverage and reinsurance corporations are inclined to draw back from the sort of innovation.

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