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    WealthTech and InsurTech

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    Amritha Jayan
    The document discusses FinTech including WealthTech and InsurTech. It describes key categories and trends in WealthTech such as personal finance management tools, investment platforms, and robo-advisors. Robo-advisors provide automated asset allocation and investment strategies focused on long-term goals. In India, WealthTech players primarily offer mutual funds and goal planning. InsurTech is also discussed, with classification models outlined including full-stack insurers, agents, and brokers. Key InsurTech trends involve the use of technologies like AI, IoT, and blockchain.

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    WealthTech and InsurTech

    Uploaded by

    Amritha Jayan
    77 views31 pages
    The document discusses FinTech including WealthTech and InsurTech. It describes key categories and trends in WealthTech such as personal finance management tools, investment platforms, and robo-advisors. Robo-advisors provide automated asset allocation and investment strategies focused on long-term goals. In India, WealthTech players primarily offer mutual funds and goal planning. InsurTech is also discussed, with classification models outlined including full-stack insurers, agents, and brokers. Key InsurTech trends involve the use of technologies like AI, IoT, and blockchain.

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    WealthTech and InsurTech (1)

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    The document discusses FinTech including WealthTech and InsurTech. It describes key categories and trends in WealthTech such as personal finance management tools, investment platforms, and robo-advisors. Robo-advisors provide automated asset allocation and investment strategies focused on long-term goals. In India, WealthTech players primarily offer mutual funds and goal planning. InsurTech is also discussed, with classification models outlined including full-stack insurers, agents, and brokers. Key InsurTech trends involve the use of technologies like AI, IoT, and blockchain.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    77 views31 pages

    WealthTech and InsurTech

    Uploaded by

    Amritha Jayan
    The document discusses FinTech including WealthTech and InsurTech. It describes key categories and trends in WealthTech such as personal finance management tools, investment platforms, and robo-advisors. Robo-advisors provide automated asset allocation and investment strategies focused on long-term goals. In India, WealthTech players primarily offer mutual funds and goal planning. InsurTech is also discussed, with classification models outlined including full-stack insurers, agents, and brokers. Key InsurTech trends involve the use of technologies like AI, IoT, and blockchain.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 31
    At a glance
    Powered by AI
    The document discusses various topics around FinTech including WealthTech, Impact Investing and InsurTech.

    The different categories of WealthTech discussed are personal finance management applications, investing tools, digital brokers, investment platforms and robo advisors.

    Some examples of robo advisors mentioned are Betterment and Wealthfront in the US and Nutmeg in the UK.

    FinTech

    WealthTech and InsurTech

    Arunava Bandyopadhyay,
    Jindal Global Business School,
    O P Jindal Global University, Sonipat

    06-Oct-2022

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 1


    Impact Investing

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 2


    WealthTech

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 3


    Key categories of WealthTech
    • PERSONAL FINANCE MANAGEMENT applications
    • Investing tools
    • Digital Brokers
    • Investment Platforms
    • Robo advisors

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 4


    Key Trends in WealthTech

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 5


    Robo Advisors
    • Technically, a robo-adviser works in the same way like financial
    advisors do - recording customer goals/time horizon, assessing
    risk profile, suggesting and executing investment strategies and
    reporting portfolios.
    • Examples: Betterment, Wealthfront (both U.S.) and Nutmeg (the
    U.K.)
    • robo-advice providers offer asset allocation strategies,
    executing through index/passive (mostly ETFs), tax harvesting
    to optimise tax - all with a focus on long-term goal-based wealth
    creation.

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 6


    WealthTech in India
    • While some players offer ‘direct’ mutual funds (with no embedded
    trail commissions), they still prefer selecting active mutual funds over
    passive ETFs; we assume they intend to charge the clients a fee at
    some point
    • Some players offer ‘goal planning’ helping users to calculate the cost
    of goals and how much they need to invest and ‘goal tracking’
    showing if users are on track to meet their goals
    • Very few offer full financial planning, rebalancing, tax harvesting etc

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 7


    License - mutual fund distribution (MFD) vs
    registered investment adviser (RIA)

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 8


    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 9
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 10
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 11
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 12
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 13
    InsurTech

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 14


    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 15
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 16
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 17
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 18
    Classification by Milken Institute
    Milken Institute, “InsurTech Rising: A Profile of the InsurTech Landscape,” December 2018.

    • Segmentation of Insurtech Firms


    • A “traditional” view: Full-stack / Agents / Brokers
    • A nuanced view of sub-segments: Carriers / Enablers / Distributors
    • Full-stack Insurers: Platforms that underwrite policies, assume the risk,and, in most cases,
    manage the process from beginning to end
    • Agents: Platforms that act on behalf of a carrier, essentially acting as an extension of an incumbent
    carrier
    • Brokers: Platforms that provide customers with a variety of policies offered by both incumbent
    carriers and insurgent InsurTech platforms

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 19


    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 20
    Capgemini World InsurTech Report 2018

    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 21


    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 22
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 23
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 24
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 25
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 26
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 27
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 28
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 29
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 30
    06-Oct-22 JGBS|FinTech|Arunava Bandyopadhyay| 31

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