Start-ups looking to sell insurance products often struggle to secure the insurance capacity from incumbent (re)insurers they need as a managing general agent (MGA).

Ensuro is piloting an alternative source of insurance capital: using cryptocurrency funds from investors, locked in smart contracts on a blockchain, to underwrite risks.

Founder and CEO Marco Mirabella joins InsTech London's Henry Gale on Podcast 164 to discuss the opportunity for cryptocurrency to be used as insurance capital and how Ensuro's technology works.

Talking points include:

The crypto market and decentralised finance (DeFi)
The regulatory landscape for crypto insurance
Applications of parametric insurance
An insurance use case for NFTs (non-fungible tokens)

InsTech London's latest report, Demystifying Crypto: the insurance opportunities and challenges, sets out what the insurance industry should know about crypto in more detail.

To learn more about Ensuro, you can read an insight article we wrote about the company earlier this year, Cryptocurrency - the next capital pool for parametric insurance?

If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn.

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Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme.

The Learning Objectives for this podcast are:

Understand how crypto can be used as a source of capital in insurance
Explore some of the regulatory landscape around crypto
Identify an example of how NFTs can be used in insurance

If your organisation is a member of InsTech London and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 164 page of the InsTech London website or email cpd@instech.london to let us know you have listened to this podcast.

To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Marco Mirabella: Founder & CEO, Ensuro: Crypto capital for insurance start-ups (164)

InsTech - insurance & innovation

Marco Mirabella: Founder & CEO, Ensuro: Crypto capital for insurance start-ups (164)