Disrupting Insurance: The Other Financial Services Opportunity
Tefkin
MARCH 12, 2014
In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. To give a few numbers, non-life insurance market world-wide in 2011 was estimated at $1,877.2 Their minimal capital requirement for operating was around USD 45M ( [link] ).
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