Insurance in Bite-Size Chunks
Lorenzo Chan Jr. is President of Pioneer Insurance Group and board member of the Microinsurance Network. His company is the host of the first edition of the Microinsurance Master programme.
Chan’s take on breaking down insurance into a ‘bite-size’ commodity (or ‘sachet insurance’) is fascinating.
In this video for Bloomberg TV, Chan also explains how Pioneer has helped to simplify the processes and the amount of paperwork involved in applying for and understanding the terms and conditions of microinsurance.
Watch out for Chan’s excellent ideas for making insurance more accessible for the masses – and his food for further thought here: