FOREWORD
INSURANCE SHEDS SOME SUN ON A WORLD IN CONSTANT MOTION There ’ s been a heatwave here in the UK these last few weeks . Granted , by some standards , 30 ° C is pretty tepid – but us Brits are just not built for good weather !
“ Embedded insurance flips the traditional model of offering insurance , which requires consumers to actively seek out coverage ”
Fittingly , this month ’ s issue of InsurTech Magazine is about our world in flux . Climate change is causing an unprecedented increase in freak weather events , like June ’ s wildfires in Canada . In return , insurers are turning to parametric insurance as a solution . We find out how this new approach is helping them to mitigate against a changing world .
Embedded insurance has the potential to completely overhaul the way we buy cover . Instead of being an end-destination that customers dread , insurance becomes a part of the journey instead . Tour operators , car rental companies and even clothing retailers are now able to offer protection , giving customers greater peace of mind .
And there is no better example of society in motion than the rise of crypto . This once-niche topic has become a mainstay of everyday conversation , and cryptocurrencies are beginning to secure institutional adoption . Anything worth having is worth insuring – so what ’ s the state of insurance for crypto assets themselves ?
Enjoy this month ’ s edition !
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