AIP News RoundUp – Episode 06 – Rahul Mathur and Theresa Blissing – November 15 – Were Products Mis-priced?

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Theresa is the founder of the Asia InsurTech Podcast and a Thought Leader on innovation in insurance in Asia. She has worked for ten years for leading multinational insurers in Europe and Asia before turning to management consulting and venture building with the goal of transforming the insurance industry and helping shape its future in the region.

Michael Waitze has been podcasting with some of the best investors and business builders globally and discussing all things startup with them from an Asian perspective. Michael worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley, and Goldman Sachs, primarily in Tokyo. Michael always maintained a particular focus on how technology could be used successfully to make businesses more efficient and to drive P/L growth. Michael is quite skilled at connecting people and capital to innovative ideas and is a trusted advisor to both investors and founders. Michael is a leader in the digital media space, having pioneered the concept of a podcast network in Asia while building the biggest and fastest-growing listener base in the region. His flagship website, AsiaTechPodcast.com, has listeners in over 100 countries and is available on virtually every podcast player that supports RSS feeds.

Rahul is the Startup lead at Accenture’s FinTech Innovation Lab in London. Prior to joining Accenture, he was an Insurance Product Manager at Laka Insurance, a London headquartered early stage InsurTech start-up which recently won at the British Insurance Awards 2019.  Rahul holds a master’s degree in Statistics from the University of Warwick. He is an Ambassador at the Asia InsurTech podcast.

November continued to busy with InsurTech News coming out of China and India. November 11th is Single’s Day in China and Zhong An reported a jaw-dropping 1 billion CNY (USD 142 million) Gross Written Premium for this date alone. Waterdrop was awarded Innovator Startup of the year and Tencent acquired a 10% stake in Indian PolicyBazaar 

Some concerning news coming out of India. Reliance Health Insurance has been asked to stop trading after just one year of operations due to their solvency ratio falling as low as 63% on 30th September 2019. Rahul already posted about this development and what it could mean for InsurTech in India.

SingLife is again in the news with the official launch of its Insurance Savings Plan with Visa Card. We talked to Walter De Oude, CEO of SingLife, on the sidelines of the Singapore Fintech Festival. Stay tuned for the episode. And we are seeing more news coming from our favorite Japanese InsurTech, JustInCase. The Japanese startup has just announced a partnership with the first online based insurer in Japan, LifeNet. We talked to JustInCase founder and Ceo, Kazy Hata back in May. Find the episode here.

Other companies mentioned in this episode: 

Railsbank

OneConnect

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