The big bancassurers might sit on long-term agreements with legacy banks—but the growth lies at digital bancassurance with neobanks.
In Mexico specifically, Santander (“Autocompara”) and Scotiabank (“FIU”) went in that direction with their car insurance offer.
The insurance offer better be specifically developed for that target group.
Converging fintech and insurtech– the “Finance Cockpit”If we can take away one thing from behavioral economics, it is this: people are lazy.
Digital bancassurance certainly has a bright future—for those who recognize its potential and act accordingly. | To read full story, visit https://startuparound.com/read/1576159207.9979193/Fintech-meets-insurtech:-a-perfect-marriage?ref=audio_experience