Should We Say Goodbye To “Time” As One Of The Key Element Of Mutuality Within The Insurance Portfolio? Does On Demand Insurance Make Sense?
The title of this article comes from a post, on LinkedIn from Matteo Carbone who is undoubtedly an insurtech thought leader. The question being asked is are we at a point where insurance can be “turned-on” when needed and “turned-off” when not needed? Why do policyholders need to have coverage 24/7 and more importantly, why do they need to pay for that coverage? It’s a good point, which characteristically for posts made by Matteo, got a lot of responses, most of which were supportive of this movement.