Insurance for the New Possible was joined by Gabriel Lazaro, Head of Digital Business for Chubb Overseas General, and Jessica Lam, Chief Strategy Officer at WeLab.
Some of the insights they shared included:
- The transition from working at a global, traditional financial services firm to a FinTech startup can be both challenging and exhilarating. Most importantly, it requires a fundamental shift in mindset.
- Inspired by the digital financial services prevalent in the United States, WeLab was founded on the idea that innovation drives financial services to be both more efficient and inclusive.
- It is important to adapt and localize financial products to meet diverse customer needs. Understanding local consumer behavior and financial needs is crucial in ensuring the success of these financial products in different geographical markets.
- The ability to offer tailored financial services through advanced data analytics and artificial intelligence is a game-changer in the fintech sector.
- Collaborating with well-established companies in new markets can help startups leverage existing trust and customer bases. Furthermore, partnerships with companies can help integrate complementary services such as insurance, enhancing the overall customer offering and building trust.
- The transition from working at a global, traditional financial services firm to a FinTech startup can be both challenging and exhilarating. Most importantly, it requires a fundamental shift in mindset.
- Inspired by the digital financial services prevalent in the United States, WeLab was founded on the idea that innovation drives financial services to be both more efficient and inclusive.
- It is important to adapt and localize financial products to meet diverse customer needs. Understanding local consumer behavior and financial needs is crucial in ensuring the success of these financial products in different geographical markets.
- The ability to offer tailored financial services through advanced data analytics and artificial intelligence is a game-changer in the fintech sector.
- Collaborating with well-established companies in new markets can help startups leverage existing trust and customer bases. Furthermore, partnerships with companies can help integrate complementary services such as insurance, enhancing the overall customer offering and building trust.
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