Insurtech Insider By 11:fs

63. Renters insurance: Does coronavirus make people insure differently?

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Sinopsis

On this week's episode of Insurtech Insider, Sarah Kocianski and Nigel Walsh are hosting this week and joined by a panel of guests to explore the current market of home and renters' insurance. Joining Sarah and Nigel this week are: Jimmy Williams - Co-Founder of Urban Jungle Tahir Farooqui - Founder and CEO of Canopy Kicking off our roundtable discussion, we start by first establishing what renters insurance was and how it has evolved to what it is now. Between contents insurance and liability insurance, there's a lot that comes under the umbrella of the renters' market. With half the population renting, the customer segment is vast, however, some consumers overlook renters' insurance entirely. We discuss the reasons why and dig into how this could be changing with insurtech and how COVID-19 is changing it all. Later in the show, we get into deposit free insurance policies, how Canopy and Urban Jungle came to be partners, and how this is benefitting customers. All that and much more on this week's ep