Disrupting the insurance sector

IMAGINE a world where you could get car insurance based on exactly how far you drive or the number of minutes you spend in your car. Where instead of a one-size-fits-all travel insurance plan, you could have one quickly tailor-made for your exact needs, like extra insurance (just via the phone) the day you go bungee-jumping. Or imagine being able to file and receive claims painlessly and efficiently with just a few short swipes on your smartphone.

Such customer-centric innovations may already be commonplace in lots of industries but i…