On the 12th May we held our first Investor Showcase presenting Tapoly to key industry investors. Hosted by New Finance at the offices of Browne Jacobson, in the prestigious Bevis Marks building, we had spectacular views across London on what turned out to be a beautifully warm spring day.
Our CEO Janthana presented our mission to be the first multi-product on-demand insurance company servicing the fast growing sharing economy. We believe that everyone should have access to a range of comprehensive on-demand service solutions that covers what they need, when they need it and, importantly, at a fair price.
The showcase was kicked off by Gareth Eggle, Head of Insurance at Flint Hyde. He set out the landscape for the sharing economy and why he believes that Tapoly is going to revolutionise insurance within this space. He said “What they have is something really exciting. It’s absolutely bespoke, for the individual”.
We believe that insurance should be tailored to the individual’s needs. A standard policy does not fit all and is no longer acceptable within our economy. Tapoly’s sophisticated platform will revolutionise the insurance market and have the capacity and flexibility to grow at pace with the sharing economy. The technology will be fully developed and ready within the next few months. Karen Melonie Gould, CEO/Founder of Gateway2enterprise Business believes that: “This offers a lifestyle solution to the younger generation to how they want to and are living their lives”.
Paolo Cuomo, Principal at The Boston Consulting Group said that insurance has been less relevant to young people over the years and these young people, moving into insurance, will find the simplicity of Tapoly very valuable. His view is that the real power in Tapoly is being able to take insurance to market and satisfy “a whole load of people who previously wouldn’t or couldn’t buy what they needed”.
Jules Ratcliffe, FinTech Advisor & Investor summed up his thoughts on Tapoly: “There’s a clear trend, a lot of opportunity and you’ve assembled a great team”.
The showcase highlighted a clear gap in the market for an innovative, evolving and simple on-demand insurance company to step up and plug the gap and Tapoly are just the company to do that.