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Nextech3D.ai adds insurance to event platform Map Dynamics - ICYMI
Proactiveinvestors NAยท 2025-09-06 17:19
Core Insights - Nextech3D.AI is integrating exhibitor insurance into its Map Dynamics platform to streamline the insurance process for exhibitors [1][4][8] - The partnership with Vertical Insurer aims to provide a low-cost solution for exhibitors, costing approximately $50 to $100 [4][5] - The integration is expected to generate revenue for Nextech3D.AI through commissions for each insurance signup, with no direct costs to the company [6][7] Company Overview - Nextech3D.AI operates in the event technology sector, facilitating over 500 events annually with more than 10,000 exhibitors using its platform [5][7] - The company aims to address a longstanding issue in the event industry regarding the cumbersome insurance documentation process for exhibitors [3][8] Industry Context - The event industry faces inefficiencies in managing insurance documentation, with show organizers needing to track numerous forms from exhibitors [8] - The integration of insurance services into event platforms is seen as a necessary evolution to improve operational efficiency for both exhibitors and organizers [8]