Truflation Enhances its CPI Measurement with Insurify’s Auto Insurance Data
Integrating Insurify's automotive insurance data into the Truflation Index will offer transparency into how the insurance market impacts economic trends.
Truflation, the leading Definite Reference Point (DRP) for economic veracity in decentralized finance (DeFi), is announcing a collaboration with Insurify, America's top-rated virtual insurance agent. This collaboration integrates Insurify's aggregated auto insurance rate data into the Truflation Index, further enriching Truflation's real-time financial data ecosystem.
The integration of Insurify's auto insurance data into the Truflation Index will offer transparency into how the insurance market impacts economic trends. By incorporating insurance data, Truflation provides a more comprehensive and holistic view of real-world economic conditions, further enhancing its users' ability to make informed investment decisions in the DeFi space.
Empowered by industry giants Coinbase and Chainlink, Truflation drives the tokenization of Real World Assets (RWA) through its independent, transparent, and real-time financial data. With a robust index tracking over 13 million items, Truflation offers censorship-resistant data infrastructure, fueling advancements in the DeFi economy and unlocking diverse financial instruments in the Web3 landscape.
Insurify empowers customers to securely compare, buy, and manage their auto and home insurance policies from the largest selection of accurate quotes. With over 90 million quotes served and $200B in insurance coverage supplied, Insurify’s auto insurance data and insights have been the subject of in-depth coverage from major news publications.
Stefan Rust, CEO of Truflation, expressed enthusiasm about the partnership, stating, "Integrating Insurify's insurance data into the Truflation Index represents a step forward in our mission to provide accurate and actionable financial insights to our users. By leveraging Insurify's data, we aim to offer unparalleled value to the DeFi community."
Jack Adams, VP of Audience at Insurify, shared similar sentiments, saying, "Insurify's comprehensive database contains years of insurance rate data. Contributing this data to enrich the Truflation Index will empower users in financial decision-making and supports our company's purpose: to make insurance transparent and accessible for everyone regardless of their background."
The collaboration between Truflation and Insurify marks another milestone in Truflation’s product development as well as both companies' efforts to revolutionize the digital asset ecosystem and enhance financial inclusion and accessibility.
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About Insurify
Based in Cambridge, MA, Insurify, America's top-rated virtual insurance agent, provides expert advice and empowers customers to securely compare, buy, and manage their auto and home insurance policies from the largest selection of accurate quotes. With more than 90 million quotes served and $200B in insurance coverage, Insurify’s auto insurance data and insights have been the subject of in-depth insurance coverage from major news publications. Insurify has won several insurance industry awards, including Forbes NextBillion Dollar Startups of 2022, Inc.’s 5,000 fastest-growing private companies in America of 2023 and 2022, Forbes Fintech 50 List for 2023 and 2021, and WPO’s 50 Fastest Growing Women-Owned and -Led Companies 2022. For more information, visit insurify.com.
Media Contact
Press: press@insurify.com, Insurify Inc.
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About Truflation
Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of Real World Assets (RWA) through its independent, transparent, and real-time financial data. With a comprehensive index tracking over 18 million items, Truflation offers censorship-resistant data infrastructure, fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps) such as DEXs to unlock boundless markets. From predicting orange juice and uranium prices to facilitating BTC-denominated oil, gas, and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape.