MEDICI's new report Banking-as-a-Service 2.0 analyzes the global landscape of specialized FinTech companies and banks that have BaaS as their core business, funding and investment patterns since 2018, market and regulatory drivers, and a host of industry expert opinions!
CONTINUE BINGE-LISTENING
Of all the financial products, insurance has the lowest penetration rate. This is against the backdrop of increasing insurable risks ranging from political risks to climate change. Here are the factors responsible for the low penetration rate:
  1. A lack of understanding about the product as a risk mitigation tool;
  2. Poor marketing by insurance company sales agents whose sales pitch usually focuses on the product more as an investment opportunity with an anticipated rate of return but ignores the basic principle of insurance, i.e., risk management.
CONTINUE READING

There's more where that came from!
To continue reading MEDICI content, become an Inner Circle Member.

START YOUR FREE 7 DAY TRIAL
At MEDICI, we enable FinTech-at-Scale to create global economic impact.​
To make sure you keep getting these emails, please add [email protected] to your address book or whitelist us. 
Our postal address: MEDICI Global Inc. PO Box 473944, Charlotte, NC 28247
Stay in touch!

Linkedin    Facebook    Twitter