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by Oras 411 days ago
> Our vision at Meanwhile is to build the world's largest life insurer as measured by customer count, annual premiums sold, and total assets under management. We aim to serve a billion people, using digital money to reach policyholders and automation/AI to serve them profitably. We plan to do with 100 people what Allianz and others do with 100,000.

So 3 years at McKinsey taught OP the corporate BS. That paragraph doesn't say anything useful.

2 comments

Yes it does, it's just dressed up in corporate speak:

> Our vision at Meanwhile is to build the world's largest life insurer as measured by customer count, annual premiums sold, and total assets under management.

We think we can be bigger (more customers, more sales, more money) than all existing players.

> We aim to serve a billion people, using digital money to reach policyholders and automation/AI to serve them profitably.

We're looking to eclipse the population of any one country and we're going to use something like Bitcoin to side-step national currencies (and maybe also to avoid existing regulatory structure, not clear from the ambiguous language).

> We plan to do with 100 people what Allianz and others do with 100,000.

We believe we can automate or use AI to eliminate the need for people to actually support these billion customers.

All three of those are very bold statements/goals.

Unless they are planning on sending AI powered robots to attend court cases and prepare submissions they're going to need to hire or retain at least 100 lawyers for an insurance company serving that many customers.
There are different metrics that people use to say they're the biggest.

Some of them off the top of my head are number customers, number of active policies, premium amount, assets under management, time to claim resolution, etc. He's talking to business people who understand the insurance market.