On this week's episode of Insurtech Insider, Nigel Walsh is in the hosting seat and joined by a panel of guests to explore how insurance is changing in our modern world. Joining Nigel this week are:
- Freddy Macnamara - CEO and fFounder of Cuvva
- James Blackham - CEO and Co-Founder of By Miles
Out with the old, in with the new. Kicking off our roundtable discussion, we start by first establishing what's so wrong with the old method of getting insurance. Where is the need for new ways of insuring and what do people now expect from their insurers? With modern technologies becoming increasingly intertwined in our daily lives, the way we live has undeniably changed, including how we use and insure our cars.
Smartphones have become an extension of ourselves and with everyone carrying around mini-computers in their pockets, comparing prices and insurance models has never been easier. With the addition of telematics and the growing adoption of OpenBanking, it looks like the on-demand insurance industry is set to rapidly change, but will incumbents be able to keep up?
All that and much more on this week's episode of Insurtech Insider!
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This episode of Insurtech Insider was produced by Hanna Samuelson and edited by Alex Woodhouse.