Having used Slice Insurance Cloud Services to set up digital insurers for the likes of AXA XL, Sompo International, The Co-operators and Legal & General, CEO Tim Attia sees a world of opportunity in areas of the property/casualty insurance segment.
“It’s not limited by the type of risks. We can do any P/C risk” within the mobility, dwelling, home, travel/leisure and small business ecosystems, he said, reporting that Slice had a small business product in the works at the time of the late-February interview. “Of course, it will be on demand. It will be a monthly subscription. It will be embedded into a platform where small businesses come from. We’re going to ask three questions, not a hundred questions. We’re not going to have applications for insurance and quote-bind-issue and renewals,” he said.