Creator Cover
Date of Foundation
2024

Creator Cover

Deliver comprehensive insurance solutions tackling the unique challenges today’s creators face.

The Idea origin story

Insurance That Empowers Creators Specialized coverage designed specifically for content creators, protecting what matters most in your digital business.

The Mission

"Protecting and empowering digital content creators by providing specialized, comprehensive insurance solutions."

Clients

Our target customers are primarily digital content creators like bloggers, vloggers, influencers and online business owners.

Problems we solve

Client’s problem

Protecting creators from loss of income

Confirmation of problem

The actuality of the problem is confirmed by the increasing prevalence of digital content creation and lack of specialized insurance coverage.

Solution

We offer a range of customizable insurance solutions tailored to the unique risks and challenges that digital creators encounter.

Our technologies

This solution is based on technologies

AI for risk assessment, blockchain for claim verification, big data analytics.

How it works

We ingest and analyse social media data to create custom tailored insurance packages

Value for the client

We provide digital creators the peace of mind to create fearlessly with specialized and comprehensive insurance coverage.

Market and strategy

Market size

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

20

% of the market

Is our goal in the next 3 years

Team

My name’s

Nicholas Donnelly

My key role in the product

My key role is Co-Founder with a focus on Sales and Business Development, where I am responsible for strategizing new partnerships, generating revenue streams, and scaling our business growth.

Team size and key members

Your team can be amplified with profiles such as a marketing specialist, HR manager, financial analyst and customer experience expert to create a balanced startup ecosystem.

Competitors

Competitors

While traditional insurance carriers are slow to innovate, insurtech startups miss the mark on creator-specific needs. Creator Cover leverages a first-mover advantage and serves as an independent platform for offering comprehensive digital income and brand reputation protection in this largely untapped market space.

Our Advantages

Our team's solid experience mirrors our startup's strength. Our advantage lies in being a pioneer, hitting the market first. We're bolstered by an extensive network of influencers and creators connected to our founders, propelling us ahead of the competition.

Business model

We get paid commission on insurance policy sales

Traction

Our MVP is created and in active use. We've fostered meaningful dialogues with creators to understand their needs, while also engaging brands and agencies that bolster the creator economy, ensuring our product's viability and relevance in this dynamic space.

Our progress has been remarkable, highlighted by an impressive achievement of securing sign-ups from 100 creators and writing premiums worth over $500,000.

Metrics

The quantity of customer registrations. The volume of executed Letters Of Interest. Revenue generated through premium subscriptions or services sold. Lastly, the percentage reflecting our ability to maintain a long-term relationship with customers - retention rate.

Incorporation

Our company incorporated in

Delaware

Key risks

The main risks of my startup include potential regulatory changes in the insurance industry, a slow adoption rate among digital content creators due to lack of awareness or understanding about our products, and competition from other firms entering this niche market.

Investments

$

20000

We raised investments

Our Investors

founders round

Rising Investments

$

250000

Currently, we are raising investments

$

4

Estimated pre-investment valuation of the company

We’re looking for a co-founders

We've recently secured strategic partnerships with leading influencer agencies, which will not only boost our brand visibility but also open doors to a greater market share in the creator economy. We intend to leverage these alliances to cement our position as the go-to solution for digital content creators' insurance needs. We're looking for an experienced co-founder who can bring on board resources and knowledge in marketing, financial operations, people management and customer relations. You'll be joining a diverse team with a proven track record and a shared vision of empowering creators in their digital business journey. If you're passionate about the creator economy, have a knack for identifying trends, and are driven to innovate, we'd love to hear from you. Let's protect and empower together.

Open positions

We are seeking a Business Development Specialist experienced in the insurtech industry. An ideal candidate should possess an innovative approach towards identifying partnership opportunities, garnering leads, and expanding our business. Knowledge of the creator space and familiarity with the unique challenges faced by content creators is crucial. We expect the candidate to actively contribute to strategic decision making, sales processes and growth initiatives. They should collaborate effectively with cross-functional teams like Customer Service, Finance, and Marketing to coordinate business strategies and improve our offerings. The role demands strong relationship-building skills, strategic planning abilities, and a result-driven mindset. Familiarity with AI, data analytics, and blockchain in an insurance context would be highly desirable.

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Additional information

MVP