Insurtech Insider By 11:fs

43. News: Buzzword Bingo

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Sinopsis

Sarah and Nigel are joined by a host of fantastic guests to take a look at the biggest news stories in insurance and insurtech over the last few weeks. Our brilliant guests include: Lea Nonninger - Research Analyst at Business Insider Intelligence Oliver Ralph - Insurance Correspondent, FT Andy Rear - Chief Exec, Digital Partners at Munich Re Kicking off the show, we take a look at how US insurtech Lemonade has arrived in Europe! Lemonade was launched on the 11th of June in Germany, and they are introducing their new policy 2.0. The new policy is described as an easy to understand document designed for laymen instead of lawyers. Nigel argues that Lemonade will be able to get a lot more done a lot quicker in Europe than in America as Europe is a lot less regulated. Lea argues, as someone who has lived in Germany, the problem with launching a forward-thinking digital first insurance policy in Germany is that Germans are rather traditional thinking. Are they ready for this new modern insurance? (02:00)