TOKYO: Lifenet Insurance Company announced that Lifenet has concluded a comprehensive business alliance agreement with justInCase, Inc., which has received the first authorization to participate in regulatory sandbox system as a small-amount short-term insurer in Japan.

Lifenet has entered this business alliance with justInCase, Inc. to innovate the customer experience and enhance promotion capabilities, which are priority areas of management policy.

“We aim to provide simple, convenient, and cost-competitive products and services and further increase our corporate value by pairing Lifenet’s management resources and expertise in online insurance with the innovative technologies and products of justInCase, Inc.,” a statement issued by Lifenet said

Alliance initiatives will be determined through discussion by both companies, and will start by exploration of initiatives that utilize the strengths of both companies in products and sales.