in this episode we will explore with Shawn Ram, Head of Insurance at Coalition, the main trends in cyber insurance and the role embedded solutions can play.
The Extended Warranties market is living a golden age, driven by several economic and social trends: its global market value is in excess of $120b, with an expected CAGR between 7% and 8.5% in the next decade. Nevertheless, there is a lot of room for innovation in this market, particularly in the distribution, products, claims and customer experience design.
We spoke with Rohan Shah, Founder and CRO at the unicorn tech company Extend, to discuss the “why” and “how” Extend is innovating in this space by pursuing the vision to become the "Apple Care" for any brand or retailer. The conversation covers the evolution of embedded extended warranties, the usage of data, the business model adopted by Extend to innovate and the Extend’s founding team vision of building a new generation extended warranties provider.
In this episode we discuss learnings, challenges as well as a future outlook of Hodinkee's embedded insurance offer. As the Director of Insurance at Hodinkee, Marc Hajjar combines his deep understanding of luxury goods, appraisals, and collection management to help Hodinkee with its digital-first embedded insurance product for collectible watches. Hodinkee was founded in 2008 and has become the preeminent resource for modern and vintage watch enthusiasts with 1.5 million followers globally.
In this episode, Trenholm Palmer, Director of Insurance at Volvo financial services, speaks about how they were able to build out a robust embedded insurance offer for Volvo Trucks. By being closely connected with the OEM, the telematics data helps to offer customers better rates. We will highlight the challenges of digitally insuring different risk profiles, how to meet the customer where they make the buying decision and how Volvo was able to expand from standard up/downtime coverage to various commercial policies.
In this episode, Meitav Harpaz, CEO and co-founder of Pattern, speaks with Yuri Poletto, founder and Director of the Open and Embedded Insurance Observatory.
Pattern is an embedded insurance company founded in 2020. Pattern enables online travel, booking, registration, recreation and events companies to sell embedded insurance. These relevant real-time protections increase customers' confidence and boost ancillary revenue.
In this episode, Meitav covers why he co-founded Pattern and how they address market gaps and opportunities. Meitav talks us through a use case on one of their partners operating in the outdoor booking space.
