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InsureTech 3.0: Enhance, don't replace! | FinTech Focus TV with Matt Sutika, Chief Insurance Officer at Obie

Author: Lydia Sear

Published date: 2023/05

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Welcome back to another episode of FinTech Focus TV. Today, Toby is joined by Matt Sutika, Chief Insurance Officer at Obie.

This episode touches on the progression from InsureTech 1.0 to 2.0, 2.5 and now InsureTech 3.0, which focuses on integrating insurance within existing platforms and enhancing the customer journey. 

Matt emphasizes that the aim of Obie and InsureTech 3.0 is not merely to save money– as was the focus of earlier InsureTech phases– but to save the cost of time. By eliminating the need for time-consuming interactions with brokers or filling out extensive forms, they prioritise efficiency and convenience for busy individuals.

The overall discussion revolves around creating accessibility for consumers, changing habits, and challenging the conventional price-driven mindset prevalent in the industry.

This is a super insightful episode. Thank you, Matt, for joining us!