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Finch Capital is a Financial Technology Investment firm founded in the fall of 2013. We invest in high growth companies primary in EMEA and prefer to invest after the seed round, when there is proof of concept and there are some revenues.

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NZ P2P insurance fails to fly

Radboud Vlaar

June 6, 2016

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Radboud Vlaar

insurance

A former Marsh actuary who launched a P2P insurance company in New Zealand called PeerCover has admitted it's failed and provides some interesting insight into why.

A former Marsh actuary who launched a peer to peer insurance company in New Zealand has admitted even his simple model was too complicated to resonate with Kiwis. The idea of Chris Logan’s PeerCover, as revealed in Insurance Business last year, was for groups of friends or family members to pool their insurance excesses across a range of general, health and life products. It echoed similar concepts around the world, such as Friendsurance in Germany, Hey Guevara in the UK and InsPeer in France.

http://www.insurancebusinessonline.co.nz/news/nz-p2p-insurance-fails-to-fly-212912.aspx