Beyond payments.
WHAT EMBEDDED INSURANCE IS
Cover offered within another transaction: device protection at purchase, travel cover at booking.
WHY IT WORKS
It reaches customers at the moment of relevance.
WHAT MICROINSURANCE IS
Small-value cover with low premiums, for underserved customers.
WHAT THE CHALLENGES ARE
Claims processes that are affordable to operate Customer understanding of what is covered Distribution cost relative to premium
WHAT TO BUILD CAREFULLY
Clear statements of what is and is not covered A claims process that is simple and prompt
WHY
Slow or contested claims destroy trust in the category, not only the provider.
WHAT PENSION AND LONG-TERM PRODUCTS REQUIRE
Specific licensing and strict conduct rules.
WHAT REMITTANCE PRODUCTS REQUIRE
Cross-border licensing and compliance.
WHAT THE COMMON THREAD IS
Every financial product category is regulated, and the rules differ by category.
WHAT TO ESTABLISH FIRST, ALWAYS
Which regulated activity you are conducting.
WHY
Building first and establishing this later has ended businesses.
WHAT TO ARRANGE
Partnership with a licensed entity, or your own licence.
WHAT TO BUDGET
Compliance cost as ongoing, not initial.
