Proof of Usefulness Report

Insurtech Canada

Analysis completed on 2/9/2026

+12
Proof of Usefulness Score
You're In Business

The submission for 'Insurtech Canada' contains significant red flags and verifiable falsehoods, such as the claim that 'most people have used my product' for a niche B2B ecosystem. While 'insurtechcanada.ca' is a valid domain for an industry community, the input data lacks credible evidence, misuses metrics (reporting 'marketcap' in the revenue field), and relies entirely on buzzwords without substantiating the team's size or actual impact. The score reflects the low quality of the submission and the inability to verify the claims presented.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+5
Technical Innovation+5
Evidence Of Traction+0
Market Timing Relevance+60
Functional Completeness+5
Subtotal+12.75
Usefulness Multiplierx0.94
Final Score+12

Project Details

Project URL
insurtechcanada.ca
Description
🚀Insurtech Canada: Igniting a Thriving Ecosystem!🌟 Mission: Supercharge insurance innovation across Insurance! 🔥🌍 Pillars: Build Community 🤝– Unite bold innovators! Raise Capital 💰 – Fuel game-changing ideas! Connect Startups to Customers 🔗 – Spark explosive growth! We rally investors, insurers, startups, and key players to drive epic change in the insurtech world! 🗺️🧨 As a vibrant community, bold incubator, and visionary think tank, we’re sparking insurance breakthroughs! 💡🧠 We amplify Canadian Insurtech stars, boosting connections between startups, insurers, and investors! 🔦🚀 Goal: Unite all for a world-class Canadian insurance innovation hub! 🏆🥇 Together, with top talent and sponsors, we’re revolutionizing the industry and elevating the policyholder experience to legendary levels! 😎📈

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline