Hi Dion! Thank you. Insurance industry today is divided into two branches: one is represented by traditional insurance companies and the other by insurtech startups targeting niche markets with high-technology solution. The first ones are extremely rigid while the latter often do not have the legislator licenses that would allow them an international presence and a faster growth. At this point, InsurePal biggest competitors come in the form of new entrants, introducing peer-to-peer business models and/or niche product based on technology (Lemonade, MetroMile, FriendSurance). However, there is still a gap between their scaled execution. To sum up, we are the only ones combining all: blockchain technology, peer-to-peer model and social proof methodology. The latter is an innovation in insurance for which we filed a patent protection in US and worldwide.