The microinsurance moment

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Hi there,

For global insurers, microinsurance, a mechanism to protect low income individuals against risk, has been a fast-growth market, bolstered in part by mobile delivery and other digital innovations.

Today, we have a great guest post from Drew Aldrich (@drewkaldrich) of AXA Strategic Ventures on why going “micro” is the next big thing in insurance tech, even beyond opportunities in the low-income market.

Drew touches on ideas including automated insurance, micro-annuities, and bridging insurance and debt. Give it a read.

Not just VC

While we last week highlighted the growth in venture deal activity in insurance tech, there’s also been some notable moves on the PE side, including:

• Apax Partners taking a majority stake in Accenture’s P&C insurance software provider Duck Creek Technologies.
• Aquiline Capital Partners buying UK online small business insurance broker Simply Business for £120m.
• Rumors that TPG is considering a sale of P&C insurance software company Vertafore for as much as $2.5B.

Madlibs for the insurance industry

Here’s an interesting framework from a recent blog post by Social Capital’s Alex Danco (@alex_danco). Any takers on “current industry” insurance? How would you fill in the rest of the Mad Lib? Send us your replies and we’ll publish one or two next week.

Hope you have a great rest of the week.

Matt
@mlcwong