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EP 07 - Timothy Chan - Norton Rose Fulbright - The InsurTech Lawyer - Oh, the Internet Is Down

The Wolfcast was joined by Timothy Chan, Insurance and Insurtech Lawyer at Norton Rose Fulbright in Sydney, Australia.  Tim is also the Founder of The InsurTech Lawyer blog on which he shares news (and sometimes thoughts) on the emerging area of InsurTech Law.

Some of the topics that Tim and I covered:

  • InsurTechs aim to make things simpler for consumers
  • Where there is risk, there is an opportunity to insure that risk
  • Recent internet outages including Microsoft Exchange, Akamai, and Fastly
  • Emerging digital economy risks
  • Aggregation and concentration risks
  • Pricing internet outage risk
  • Parametric insurance and third party validation
  • Parametric products and some legal insights
  • Regulatory requirements and product uniformity
  • Data and the impact of Open Banking on Insurance