A growing number of LegalTech start-ups are getting in the market. Its time to take a closer look at the young business co-founded by Phil Sokowicz.
” Will Phil’s company close a supply space?”.
In an interview with deutsche-startups. de, Phil Sokowicz, co-founder of the legal-tech startup, discusses estimates, law practice and overpowering corporations.
What precisely do you offer these clients?
We enable our consumers to have their claim checked by complying lawyers free of charge and without obligation. If a claim is legitimate, we will take over the case together with the best law companies in Germany on demand and take care of the enforcement in court.
The principle is easy to discuss: The start-up business assists people to withdraw their life and pension insurance coverage. “The fundamental assessment of whether a claim exists and can be successfully implemented does not cost our customers anything.
Which issue do you wish to fix?
We help guaranteed individuals to withdraw their life and pension insurance. According to the judgments of the BGH, these can still be revoked today due to inaccurate objection guidelines – an average of 10,200 euros can be reclaimed per agreement.
Where will the firm remain in a year?
Our objective is to end up being a digital customer portal for all sort of claims. There are lots of market segments in which it is hard for customers to assert their rights against large corporations. This varies from the insurance coverage of all kinds to flight delays and mobile phone agreements. Wherever customers are mistreated, we want to provide advice and assistance.
It works simply on a success basis. The service is at first free of charge for clients. If the insured can subsequently claim cashback does the company make money as part of a success commission, only. The cancellation of life and pension insurance must just be essential for the group in the long term. In the long run, the Rhinelander plans to implement “claims of all kinds”.
“The basic evaluation of whether a claim exists and can be successfully imposed does not cost our clients anything. Only if the insured can consequently declare cash back does the company make money as part of a success commission. We enable our customers to have their claim checked by complying attorneys free of charge and without commitment. If a claim is valid, we will take over the case together with the best law firms in Germany on demand and take care of the enforcement in court. Our objective is to end up being a digital consumer website for all kinds of claims.
Lots of new start-ups emerge every week, why is your firm of all things a success?
At the very same time, people shy away from going to a legal representative. Our service model, nevertheless, is based on a “no success, no charges” policy.