Each day, the Dutch insurance industry pays out 30 million euros for claims that they receive from its clients. Very often, the claimed damage is seen as waste after which it disappears through the usual routes. In this initiative we see a huge opportunity to collect this damage and to repair it in a circular way. This way the damage can maintain its value which brings along ample possibilities for new business models.
The Circular Recovery Street investigates which type of damage is most suitable for circular recovery and identifies the right partners for a pilot.
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