Co-founder of Cover here.
We’re working on a property and casualty insurance product built from first principles on mobile for millennials. Our product takes in a picture of property you want to insure, and connects you with a network of brokerages across the US & Canada to fulfill the requests. Soon we’ll be binding insurance ourselves.
Depending on…See more
@karnsaroya Hi Karn, nice to see Cover here. Covered you guys in a short post I wrote in Feb. https://www.cbinsights.com/blog/...
Re: your mention that 'Soon we’ll be binding insurance ourselves.' Curious your thoughts on recent AXA survey (https://twitter.com/AXALab/statu...) that seemed to question whether younger demo actually wants entire bid to bind p…See more
@mlcwong I'm not sure that customers have been given a compelling option. Most carrier insurance apps are basically a wrapper around a web app that involves 8 pages of questions, and ultimately results in you having to call an agent. Also, each carrier focuses on particular type of risk/market -- and under no circumstance is a customer going to download 4-8 …See more
@karnsaroya Agreed...tough to take poll at face value (given few to none likely experienced even a wrapper). Look forward to keeping up with Cover's progress
@karnsaroya@mlcwong As long as the insurance carriers each continue to have their own criteria for underwriting/rating I'm not sure there is a way around this. It makes it impossible to properly compare carriers with a few questions. One carrier asks about bedroom count, another asks the type of garage, another asks if you are a college grad, another will g…See more
