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The cost of taking onboard US customers is always a big issue. Particularly related to insurance. We build open source mobile apps to help people learn about an
by secfirstmd 6y ago
The cost of taking onboard US customers is always a big issue. Particularly related to insurance. We build open source mobile apps to help people learn about and manage digital security. When we first setup our company in the UK we easily got insurance coverage across the EU and rest of the EMEA for about a few hundred pounds. Want to get if for the US also for a new company? Oh that'll be in the tens of thousands of pounds.
- teekert 6y agoIt makes for good Lawyer and Hospital series, the US legal and healthcare systems are filled with emotional (and particularly financial) drama for normal people.
- chii 6y agoi'm interested in is why it's so much more expensive in the US. Is it monopoly? Why couldn't similar prices be reached in the US, if the insurance offered the same in the EU region?
- londons_explore 6y agoCompanies in the US have a far higher chance of losing big expensive lawsuits. In Europe lawsuits tend to be both cheaper and rarer.
- secfirstmd 6y agoExactly.