SUMMARY DESCRIPTION
- Low cost, well designed contents insurance
- Mobile based, aimed at 20 – 29 year olds, especially renters
- Thoughtful, easy to understand policy terms, backed up by online chat and support teams
OPPORTUNITY/INVESTMENT THESIS
- Rethinking role of insurance for millennials
- Mobile based, ease of use and interactive approach
- In line with long term trend of gaining granular data on consumer needs and behaviour and simplifying product features and delivery to improve customer experience
- In line with longer term decoupling of B2C P&C insurance business system