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That doesn't surprise me at all, given that most insurers make all their money off investing the premiums before claims happen. When part of your service is to
by disgruntledphd2 6y ago
That doesn't surprise me at all, given that most insurers make all their money off investing the premiums before claims happen.
When part of your service is to hold money, it's kinda the natural business model. Of course, this is not working out well for insurers in a world of very low interest rates (which is one of the reasons lots of insure-tech startups are getting funded now).