API-based Insurtechs

  • thinking of companies that have been hot recently. Ascend, Herald, etc.

  • APIs work well in fintech because you can pull tons of data from it on the consumer that will help create a seamless experience for the user to THEN easily access other fintech products

  • Consumers would only use insurance APIs for literally just insurance hence less use cases beyond that of itself

  • Thesis perhaps does not translate as well from fintech to insurtech especially in the commercial space