June 21, 2019 by David Dyck
VANCOUVER, BC, June 14, 2019/InsPress/ — Apollo Insurance has reluctantly admitted that its recently announced gluten-free insurance policy is not in fact on the blockchain. After thorough examination by excited parties the insurtech firm was forced to backpedal on rumours that their newest product was secured on the widely popular distributed ledger smart contract system.
Policyholders who were hoping to avoid gluten need not worry. However, those who were seeking out a policy containing or executed on the blockchain will be disappointed. McCann added that these are not just meaningless buzzwords, they are integral parts of any would-be insurtech venture. The tokenization of gluten-free insurance continues to elude the Canadian landscape.
Apollo remains hopeful that there are traces of AI and machine learning in the policy, but this has not yet been confirmed.
About Apollo Insurance
Apollo is Canada’s largest online insurance marketplace. Through the Apollo Exchange, brokers can quote, bind, and issue policy documents for hundreds of classes of small businesses from Canada’s leading carriers. Brokerages are also able to white label the platform and sell directly from their brokerage website.