Traditional financial services firms do not lack challenges: they struggle with an ever constricting regulatory environment, technological development, decreasing profitability, loss of market share. The list goes on.
FinTechs and InsurTechs are in the unique position to work with technology unencumbered by legacy systems, drive innovation and growth within an entrepreneurial environment. But they face difficulties to develop scale, create reputation, ensure regulatory compliance and deal with a high complexity of products and markets.
Our vision is to find a cooperative framework between our start-ups and established players in which they can leverage each others competitive advantages and reach their respective goals quicker.