Mobile banking startup Revolut,  which earlier this year raised $500 million at a $5.5 billion valuation, is hiring a VP of Insurance that will help create and run an insurtech business that will provide comprehensive insurance solutions to retail and business users across the globe.

It will be interesting to see how it applies its customer focused banking culture to deliver optimal outcomes to consumers and business customers.

Not to mention which insurers Revolut partners with and the technology partners it may chose to fill gaps in  the overall customer experience and journey.

Bering a digital bank you can expect data mastery and analytics to be  key part of its strategy to win, keep and grow customers. 

Another challenge to incumbent insurers