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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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Need ‘Love Insurance’? China Is Your Place Insurers there continue to sell cheap, offbeat policies d

Radboud Vlaar

January 23, 2017

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Radboud Vlaar

For 14 cents, a Shanghai company will compensate a driver for getting a parking ticket. Another one offers “love insurance” for $14. These are just 2 of the numerous offbeat insurance policies Chinese can buy to protect against risks as varied as unforeseen shipping bills and foul weather. The regulator is however clamping down.

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For 14 cents, a Shanghai company will compensate a driver for getting a parking ticket, one of numerous offbeat insurance policies Chinese can buy to protect against risks as varied as unforeseen shipping bills and foul weather. Welcome to “insuretech”—insurance powered by technology that provides an electronic foot in the door for an industry known for cold calls, actuary tables and conservative investments.

http://www.wsj.com/articles/need-love-insurance-china-is-your-place-1484130617