OneDegree is so new to the market, so why should I trust you?
Last updated on: May 10, 2021
OneDegree is among the first companies to receive virtual insurance licenses issued by the Hong Kong Insurance Authority. We are committed to making insurance easy and accessible for everyone. Currently, we offer pet insurance, mortgage fire insurance, cyber insurance, and e-commerce delivery protection. As for whether you can trust us - OneDegree is financially backed by well known investors, and we also work with global giants in the reinsurance space to make sure your money is protected
What is reinsurance?
For the same reasons you would buy an insurance policy, most insurers also have reinsurance to reduce financial burden and risk. It means we share part of the premiums collected with our reinsurance partners, and in return, they will be responsible for a portion of claims made by our policyholders.