Ep #15 | Ankit Kamra and Covrzy: Simplifying Business Insurance in India

07/05/24 • 34 min

In our latest "Policy in Wonderland" episode, we delved into India's MSME insurance landscape with Ankit Kamra, co-founder of Covrzy. With 85% of MSMEs uninsured despite contributing 37% to India's GDP, the sector presents a $1.8-2.1 billion opportunity. Kamra highlighted challenges like lack of awareness and trust issues. Covrzy aims to simplify insurance through partnerships and innovative bundling. India's non-life insurance penetration is just 1%, but the sector is poised for 15% CAGR. Kamra emphasized cultural nuances, including price sensitivity and a shift towards tech-savvy business owners. As India aims for a $10 trillion economy by 2030, Covrzy's approach of demystifying insurance for MSMEs positions it well for the future. Kamra's message: insurance doesn't have to be complex.

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Ep #14 Pete Roberts from Data-Sandwich: Spicing up insurance innovation with varied flavors

Join me for an exciting episode with Pete Roberts, Co- Founder of Data-Sandwich.

In this episode, we'll delve into the world of insurance innovation and explore how Data-Sandwich is empowering companies to drive change and achieve success. Pete Robinson, with his extensive experience in the insurance industry and deep understanding of the need for innovation, has crafted a unique platform that addresses both the challenges and opportunities of bringing new ideas to life.

Key takeaways from this episode:

Navigating the innovation landscape in insurance: Discover how Data-Sandwich helps insurance companies overcome the hurdles that often hinder innovation projects.
The power of the Data-Sandwich platform: Learn about the two main functions of Data-Sandwich: safeguarding projects from unseen risks and fostering authentic creativity.
Unleashing innovation potential: Understand how Data-Sandwich guides teams towards effective "outside-the-box" thinking and creative problem-solving.

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Ep #16 | Future of MGAs: Insights from Tim Quayle, CEO of OneAdvent

Join us on Policy in Wonderland as we dive into the world of MGAs with Tim Quayle, CEO of OneAdvent. Discover how OneAdvent helps MGAs navigate regulatory challenges and innovate with cutting-edge technology. Key Highlights: 🔑 Tim's journey from IT to insurance 🔑 OneAdvent's role in fast-tracking MGAs to market 🔑 Managing execution risks for new MGAs 🔑 The impact of AI on underwriting processes 🔑 Current trends in the UK insurtech market Watch the full episode to learn more about the future of MGAs and insurtech innovation!