Daily Fintech Conversations

API Driven Insurance-As-A-Service Can Learn From Banking

Originally published at: https://dailyfintech.com/2021/01/14/api-driven-insurance-as-a-service-can-learn-from-banking/

  In earlier posts, I wrote of the ecosystem opportunity in insurance with references to embedded insurance. A tangible strategy in vogue for capitalizing on such opportunities is through an insurance-as-a-service approach. This follows closely what fintechs have achieved in the banking-as-a-service (BaaS) space. To better understand the insurance context, I illustrate few banking trendsetters…