Meet the techies: Paul Williams
Paul Williams, executive chairman of the JRW Group, warns brokers that fresh thinking is needed to survive in a changing world.
What is your company doing in the InsurTech space?We currently have a total of nine niche insurance products in the market, with more in the development stage due to launch this year.
There are two types of InsurTech business: first, there are those with a big idea generally around how to amass customers through new means (e.g. peer to peer insurance, etc). In recent months, there have been quite a number of these start-ups hoping to re-invent insurance and how it is transacted.
Then there
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