Embedded Insurance May Offer $3 Trillion Market Opportunity According to Business Transformation Specialist Simon Torrance

Simon Torrance, Advisor to Boards and Leadership teams on business model transformation, platform strategy, and digital ventures, claims that embedded insurance is a $3 trillion market opportunity, which may help “close the protection gap.”

Torrance, a Senior Advisor at Rainmaking, explains that embedded insurance is part of a wider movement towards embedded finance which is about gaining access to more affordable or economical and personalized insurance.