FEATURE
Top Ten;
24
INSURTECH
FEMALE
INFLUENCERS
Hesus Inoma, CEO of WeSavvy, takes
us through the top ten female InsurTech
influencers from around the EU.
SABINE VANDERLINDEN
COMMUNITY BUILDING
JANTHANA KAENPRAKHAMROY
SHARING ECONOMY
Janthana is the founder of Tapoly, the first on-demand insurance provider for the
gig economy in Europe and Top 100 European Fintech Award winner in 2017.
A former investment banking professional and chartered accountant, Janthana
has worked for a number of top-tier investment banks and is one of the authors
of The InsurTECH Book.
WHAT EXCITES YOU MOST ABOUT THE SHARING
ECONOMY?
Tapoly offers on-demand products for
freelancers and SMEs within the gig
economy space as well as to participants in
the sharing economy. What excites us the
most is how the sharing economy solves
economic, social and environmental issues
which many counties are currently facing,
whether those are lack of housing, traffic
congestion or simply making enough money
to support one's family. We see Tapoly as an
essential part of the growth of these markets,
we want to help the sharing economy solve
world-wide issues by allowing people to
mitigate their risks when sharing their assets
or know-how.
WHAT AREAS DO YOU SEE THERE BEING IMMEDIATE
VALUE IN THE SHORT AND MEDIUM TERM
WHEN LEVERAGING THE SHARING ECONOMY IN
INSURANCE?
At the moment the sharing economy is too
fragmented for large incumbent insurers to
address the under-served customers in cost
effective ways. Insurtech startups have the
opportunity to be on the front lines in solving
Issue 5 • March 2018 • The Insider
The CEO of Startupbootcamp InsurTech,
Sabine works with leading insurers, investors
and mentors to bring the innovation of
cohorts of start-ups to market within a three
month-period.
25
some immediate insurance needs for our
consumers. However, as the sharing economy
grows and consolidates, the incumbents will
inevitably move into this space. Some are
already forming partnerships and investing in
insurtech startups.
WHAT ARE THE BIGGEST CHALLENGES YOU SEE THE
INDUSTRY FACING WHEN IMPLEMENTING SHARING
ECONOMY PRODUCTS APART FROM THEIR LEGACY
SYSTEMS AND CULTURE?
Based on my experience setting up Tapoly,
product design and developing partnerships
is one of the hardest tasks. Many insurers
do not have spare resources or experience
in working with startups, and in the worst
case they have no risk appetite to enter this
space. Finding the right insurers that have the
ability and willingness to work with startups
in our space isn't easy. The sharing economy
also has more variation in risk, so the
standard models that insurers have been using
until now are difficult to apply. They will need
to bite the bullet and embrace features such
as shorter policy durations, hybrid personal/
commercial categories, and smaller more
numerous data-driven risk pools.
SHEFI BEN-HUTTA
COMMUNITY NEWS
Building optimistic and informed com-
munities of insurance professionals via
Coverager, an online insurance plat-
form, featuring news, insights and data.
Coverager claim to connect the dots, read
between the lines and deliver what matters
most in a way that keeps readers informed,
intelligent and surprisingly interested.
Issue 5 • March 2018 • The Insider