The Reinventing Finance Podcast - Episode 41 with Thomas Krapf & René Alexander Papesch of Riskwolf

Reinventing Finance

Tom Van der Lubbe and Nick were delighted to welcome the founders of InsurTech Riskwolf as guests to our Reinventing Finance Podcast. Thomas Krapf, CEO and co-founder of Riskwolf and René Alexander Papesch, CTO and co-founder of Riskwolf, met at a digital transformation project in Zurich for a well-known reinsurer, where they also had one of their first touchpoints with parametric insurance. With Thomas having over 20 years of experience in the insurance industry including involvement in several digital initiatives, and René having a background in consulting and tech including involvement in the development of many data-intensive applications, these two came together to found Riskwolf and combined their insights about how to utilise technology, data and digital means within the insurance industry and fill a market gap they were perceiving. As a parametric service provider, Riskwolf uses multiple data sources to create new insurance offerings based on their data technologies, delving into opportunities demanded by the market and even covering protection gaps. In this podcast episode, René and Thomas share a lot of insights, e.g.: 📌 Pros and cons of parametric insurance and what parametric insurance actually is. 📌 The process of designing and then distributing parametric insurance. 📌 The key requirements for parametric products. 📌 Who should be interested in parametric insurance and why. 📌 The most exciting and successful use cases in terms of demand. 📌 Future predictions about parametric insurance and market developments. 📌 Current hurdles Riskwolf faces. #parametric #bigdata #insurtech #tech #insurance #versicherung #business #data