About
Guevara brings the strength of the social economy to insurance. It is peer-to- peer car insurance for the people by the people. Your group puts money aside in a Protection Pool to cover claims. Anything else is covered by Guevara. It’s that simple. You are covered like you always were. Except it’s cheaper. A lot cheaper. The Protection Pool is where customers combine their capital. It is intended to shoulder most of the risk - as a replacement for traditional underwriters and is 100% cash backed by the premiums paid in by customers. When claims exceed the cash available in the Protection Pool, the Waterloo Fund steps in. All groups across the platform pay a fee to guarantee their large claims don’t bankrupt their Protection Pools. The Waterloo Fund stratifies risk and delivers an investment proposition that reinsurance markets are demanding.