New Venture Aims to Shake Up Insurance Market

A new player is stepping into the insurance world, and it's bringing some fresh ideas. Astria Insurance Solutions Inc. (AIS) is the brainchild of Innovative Payment Solutions, Inc. (IPSI). This isn't just another insurance company. AIS is set to mix things up by combining insurance with modern payment tech. AIS is working on a big deal to buy a cutting-edge insurance marketing platform. At the same time, they're teaming up with a licensed insurance agency. This partnership will help AIS start generating leads and making money right away. But that's not all. AIS is planning to accept cryptocurrency payments, which could attract a whole new crowd of customers. AIS isn't stopping there. They're also hiring licensed insurance pros to help them get the necessary licenses to operate in different states. This will allow them to sell insurance directly. Plus, they're planning to offer financing options for policyholders. This could make insurance more accessible to more people. The big picture here is to merge payments, fintech, and insurance into one powerful growth channel. This could open up new revenue streams and create long-term value. But it's not all smooth sailing. There are regulatory hurdles to clear and deals to finalize. So, while the future looks promising, it's not set in stone just yet.