The Fintech Talents team, along with our partners at Marqeta, set off on an epic road trip to explore growing European fintech hubs. Three cities in one week – Paris, Stockholm and Berlin – yielded fantastic insight and the opportunity to speak to leading innovators along the way.
During the Stockholm stop of the Fintech Talents Road Trip, Dadmehr Fatehi, the VP of Banking and Fintech at Insurely, shared insights into the problems they are trying to solve by providing real-time access to insurance data.
When it comes to insurance, the power has remained in the hands of the insurers for some time, but with the introduction of open insurance, it is enabling a shift by bringing that information and transparency to the consumer.
Dadmehr shares insights into a recent successful use case of a bank leveraging Insurely’s solutions within their app. By providing all the information to the consumer, they are able to identify any gaps and highlight where their insurance plans don’t work for them, and in return the bank is able to offer personalised, more suited products, benefiting both the bank and the customer.
For the road ahead in fintech, Dadmehr highlights how consumer demand is pushing the market in the right direction, and it all comes down to the balance between meeting consumer demands whilst also generating revenue, but how can this be achieved?
Insurely is a provider of open insurance solutions founded in 2018 with the aim to make the insurance industry more open, and to ignite a transformation within an industry that hasn’t changed for a very long time.
Want to hear more about open finance, insurtech and the future of fintech? Join us at the next Fintech Talents Festival on 13 & 14 November at the Brewery in London.