Insurance Covid-Cast episode 10: Newsmaker special with Bought By Many CEO Steven Mendel
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the first in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Today content director Jonathan Swift caught up with Bought By Many co-founder and CEO Steven Mendel following the announcement of its $98m Series C raise led by FTV Capital – the largest yet by a UK-based insurtech – to discuss how it plans to use the money, international expansion, the future of pet insurance, potential diversification and why it stopped at $98m – and did not go for $100m.
Catch up on the previous two episodes now:
What is the insurance supply chain doing to keep the sector moving during the Covid-19 lockdown?
Could Tiger King Joe Exotic cut it as a fraud fighter or handle big cats at Lloyd’s?
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The FCA sets out more detail on proposed court action on BI insurance
We’ve set out more detail on our proposed court action on business interruption insurance.
— Financial Conduct Authority (@TheFCA) June 1, 2020
This includes identifying the representative sample of policy wordings & those insurers we've invited, & have agreed, to participate.https://t.co/f53WiCjhMV #coronavirusuk #FCAupdate pic.twitter.com/QS2xkVPp5V
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