Guevara founder Anderson: incumbent insurers complicit in stalling true customer led-disruption

Despite the hype around insurtech, the barriers to entry remain high, not least because incumbents have reputational concerns that are hampering true customer-led disruption. Indeed, the likes of Lemonade have had to water down their original vision to curry favour among the establishment.

That is the view of Paul Anderson, pictured, one of the co-founders of high profile start-up Guevara that closed its doors last year after failing to launch its own full stack insurer in Gibraltar