3 ms·
Life or SLT business? Then I'm truly impressed. Any links? P&C on the backend is imho a few orders of magnitude simpler (although I enjoy the statistics there
by wjnc 11y ago
Life or SLT business? Then I'm truly impressed. Any links?
P&C on the backend is imho a few orders of magnitude simpler (although I enjoy the statistics there more). 30 to 50 year complex contracts and then try to manage your market risks.
Edit: sorry, you mentioned the name. Nice idea! I guess you are so far away from traditional products you actually stand a chance. (For readers from other sectors: Market is cut throat and multiline insurera have lower capital requirements so new monoline in Europe is practically impossible.) You'll have contracts running for hours, not decades ;)
- BillinghamJ 11y agoHourly/on-demand motor :) Helps enable people in the UK to borrow their friends' cars (which is often illegal here). There are a few more complexities in motor insurance which don't exist in other verticals also.