Most insurtechs will fall by the wayside so before you spend your own working capital and/or investment funds ask these questions from Matthew Grant.

  1. Does the business solve one big problem?
  2. Does it do the job better than people can do it themselves?
  3. Does it at least address one of: REVENUE GENERATION, COST SAVINGS & COMPLIANCE/REGULATION?
  4. Is there a passionate user community?
  5. Are the required analytics included not optional?
  6. Has the product become a source of competitive advantage for existing users?
  7. Are others building products around the insurtech solution?
  8. The people- do your gut instincts say they are credible?

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