Featured Stories
Heat Index
Startups
 
3 Ways Start-ups Can Ensure Stability
 
[re]CodeCommerce & #InclusionSV: time to team up
 
What Every Startup Should Know about Internet Marketing
 
Oh [#LeanStartup], Where Art Thou?
 
The Blurred Lines of Fintech
Entrepreneurship
 
How to Start a Home Staging Business in 5 Easy Steps
 
3 Ways Start-ups Can Ensure Stability
 
Web Design Features Your Business Shouldn’t Ignore
 
Cost Benefits of Investing in Online HR Software
 
E-commerce Marketing Set to Change in 2017
Posts Tagged ‘disruption’
Most Recent
 
Read More
June 27, 2016

Why disrupting insurance is hard and too few entrepreneurs are addressing the real problem

The insurance industry has been ripe for disruption for years and yet a quick walk around Leadenhall market where brokers bustle about with paper files under their arms reveals nothing has changed in decades.

Why is this?

From one perspective it’s very simple to answer: every player in the insurance market has been enjoying 10-20% net margins for over a century, so why would they want that to change? Lloyds of London tried bringing into their organisation technology innovation with Kinnect in 2002 but after £70m investment and 5 years, it was shut down. Hence, until the rise of fintech, insurance companies felt very [...]

End of the line!
Got a tip, pitch, or guest post?
Tell us.
Sections
News
Mobile
Gadgets
Web & Social
Startups
Policy & Law