EP 53 – Kazy Hata – justInCase – You Have to Change

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 170 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Guest
Kazy Hatta

After spending several years at American actuarial consulting firm Milliman, Kazy has worked at global investment banks, including JPMorgan and Nomura, where he provided risk management and product development service to insurers. Solutions he was engaged included derivative, reinsurance, product development and M&A advisory for insurers in Japan. Fellow of the Institute of Actuaries Japan, Associate of Society of Actuaries. Wine Expert. Commissioner of Fintech Association of Japan. Bachelor of Science(Kyoto University).

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In this episode, Michael Waitze talks again to Kazy Hatta, the founder and CEO of JustInCase. We had Kazy on the show in May 2019 (find the episode here) and are excited to have him back and talk about its impressive progress over the past 10 month. 

JustInCase has recently raised USD 10 million in Series A funding and doubled their team members. Kazy also talks about the separation into JustInCase Insurance, their fully licensed insurance company, and JustInCase Technologies consisting of data analysts, engineers and developers. JustInCase Technology is an enabler not only for the group’s own insurance company but also offers solutions to insurance incumbents. 

Kazy also talks about its newly launched peer-to-peer insurance which is the first peer-to-peer concept approved by the regulatory sandbox program in Japan. The concept is inspired by Alibaba’s Xianghubao, which attracted 20 million users within the first 30 days of launch in China.  

Other companies mentioned in the episode

Daichi LifeNippon LifeLifeNetAlibabaFriendsurance,

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