Meet the techies: Tobias Taupitz
Tobias Taupitz, CEO and co-founder of start-up bike insurer Laka, tells us how brokers can benefit from InsurTech.
What is your company doing in the InsurTech space?
Laka is changing the dynamics in the insurance industry. Currently, you could say that it is the customers who draw the short straw. They are asked to pay premiums upfront in exchange for a promise to get a service down the line.
We turn this on its head by only asking customers for a share of the actual cost of claims at the end of the month. This cap is not higher than the price of traditional insurance.
Our risk hypothesis is behaviourally
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