Do you pay your insurance premiums regularly?
If you are someone who happens to miss a few. there are a few reasons. You would have control over a few factors but there are a few that the industry should start addressing.
We have the co-founders of ValueEnable, Mithil Sejpal, and Satprem Mohanty join Hansi to discuss the facts, issues, solutions, and the scope of the Insurance industry and dive into what they're tackling with Value Enable.
Read more here:
https://zerodha.com/z-connect/rainmatter/valuenable-unlocking-value-in-insurance
Guests:
Mithil Sejpal, Co-Founder - ValuEnable
https://www.linkedin.com/in/mithil-sejpal-b7633819/
https://www.linkedin.com/in/satprem-mohanty-8567b41a/Satprem Mohanty, Co-Founder - ValueEnable
Host:
Hansi Mehrotra, CFA
www.linkedin.com/in/hansimehrotra/
Chapters:
00:00 Teaser
01:30 Introduction
04:57 Why Policyholders Stop Paying Premiums
08:17 Solving the Problem Statement, CLV, B2B2C
12:59 Private and Public Industry, LIC
13:55 Decentralisation, working model and SaaS
18:37 Digitizing Insurance Assignments
22:18 Who Buys Assigned Policies?
26:29 From Idea to Execution- A Founders' Journey
28:00 Mental Health & Satisfaction in a Sensitive Industry
31:11 Surrender Value & Life Cover
32:46 Assigning the Policy to a 3rd Party Investor
37:40 Economics of 3rd Party Investor
40:26 Markets Similar to India
44:00 Legal Challenges
48:39 Who are the Investors
50:02 Correlation of Returns with other Asset Classes
51:07 Competitors and Future
54:46 Challenges in the Fintech Business