One of the reasons why insurance is underpenetrated in developing markets is because the cost of distributing insurance becomes prohibitively high as a percentage of the low premium value. While all the countries in the Middle East are not exactly c...
Xiang Hu Bao means "mutual protection". And it is a sort of mutual insurance program. The ANT group launched the platform (Yes, ANT, the same group under intense scrutiny by the Chinese regulators because of its outspoken leader- Jack Ma. The platfo...
Take a look at these forces at work in the motor insurance markets in the Middle East and elsewhere in the world: Firstly, cars clocked fewer miles during the height of the pandemic last year, and this has prompted customers to seek premium reduction...
If you are like me, you may not have heard of the country of Tuvalu (see image below to spot it on a map). They are the country that makes some money off of .tv domains. They have around nine atolls and 13000 inhabitants in the pacific ocean. They h...
NFT stands for Non-fungible Tokens, the name given for a token that cannot be exchanged for another. NFT is, therefore, one of a kind. These tokens usually exist on the Ethereum blockchain and have essential information about the asset being tokeniz...
When Jeff Bezos recently announced that he was stepping down after 27 years as the CEO of Amazon, the Internet was abuzz with comparisons with other technology leaders. Many claim that he is the greatest CEO in tech history. His achievements are stel...
Is the Root Insurance IPO worth investing in?: Business Model Teardown. Did you know that your driving micro-habits, how you turn, accelerate, brake, and how much you drive can all be used to give you a risk score? The full-stack insurer Root Inc use...
Carrying on from my last post on the revenue side of Buy-now-pay-later giant Affirm's business model, I want to cover the cost side of the equation. Now I know that no one is interested in the expense side of the P&L (especially in Silicon Valley...
Buy Now Pay Later BNPL is fast gaining prominence in the world of Fintechs in the Middle East. It is a phenomenon that has been over eight years in the making in its new avatar (Klarna/ Affirm). It originates from the Layaway /Khata concept popular i...
Small Business Insurance is not usually an exciting area to do business in. Incumbent insurers do not have a good understanding of the small business risks. Perhaps it is because of lack of good underwriting data in this domain. Usually incumbent ins...
