FinTech Magazine - March 2022 | Page 110

IBOTT

ibott

: Insuring the shared economy and beyond

“ You feel like you are a small part of that journey because you have enabled them to achieve their goals by making insurance an enabler and not a blocker . It ’ s fun ”

CHRIS MOORE HEAD OF IBOTT
The calculated risk paid off , and Moore began work as a broker , transitioned into underwriting at Catlin , and then two years into his career , grasped the opportunity to join Apollo - a new Lloyd ’ s syndicate - to help establish a new Casualty practice .
Adopting a new approach for new risks The move proved to be another advantageous one for Moore , who thrived in the innovative environment of Apollo . “ It was almost like a startup in itself , which is quite rare in the Lloyd ’ s environment ,” he says , outlining the company ’ s background .
" It ' s called Apollo because the original investor was Neil Armstrong , the first man on the moon ; the Syndicate number 1969 was chosen both to mark that event and to be symbolic of the challenge to the status quo that Apollo sought to pose ”.
Moore says Apollo ' s attitude to innovation , and the way the company embraces the client-first culture , resonated deeply with him . The company was one of the innovators behind building a first of its kind global solution for Airbnb in 2014 .
The biggest challenge with the product for Airbnb was the element of trust , explains Moore . " To create trust in their marketplace , Apollo needed to ensure the nights stayed ,
110 March 2022