bolt then. bolt now. bolt Ventures. Part 1

Ari and Fiona discuss:

• What inspired the bolt concept

• Learning the US insurance market

• bolt Ventures

• bolt’s investment in innovation

• Innovation partnerships

• Using bolt’s distribution network to test ideas

• Embedded insurance

• Parametric insurance

• Behavior-based insurance

• Cyber insurance

• Device protection

• Waterfall v agile

• bolt’s flywheel model

• How to solve the right problem

• Creating new insurance products

Ari mentioned David Sacks and the Uber model. Read more about it here: https://www.growth-catalyst.in/p/flywheels-the-unstoppable-force-of?utm_source=url

Fiona mentioned an article that stated the insurance industry has created just 5 new product classes in recent years. At the time of writing, she's trying to dig out the article and in the meantime, here's a similar one that's very interesting: https://www.mckinsey.com/industries/financial-services/our-insights/product-innovation-the-new-imperative-for-insurers-in-asia

Find out more at https://www.boltinsurance.com/