FinTech Magazine - March 2022 | Page 115

IBOTT that at Lloyds , the company will have its own capital base purely dedicated to this industry . This is important for ibott as the market is changing rapidly and Moore feels the need for dynamism , flexibility and agility has never been so important in order to be a successful partner for their clients .
It ' s been a journey , acknowledges Moore , who says the past three years being dedicated to this space have enabled him and his team to meet with a wide range of companies that are passionate about changing the world . " 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 .”
Today , ibott focuses on partnerships across the entire digital economy . “ The team goes beyond just underwriting our clients and truly partners with them using APIs . This provides a deep level of understanding of our customers ’ evolving needs . We can also use this data to establish new risk insights that we can feed back to our clients in order to help them make better risk based business decisions . Our goal is ultimately to help our clients run safer and more sustainable operations .”
Managing the Sharing Economy With greater numbers of users than ever before , from mobility solutions to the housing and travel market , the Sharing Economy has developed massively over the
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