A word with Knip CEO
“It is not easy, in fact, [to] build trust with this completely new approach in an industry whose credibility was undermined by businesses like yours [for] years systematically” – Knip founder and CEO Dennis Just fires back after Helge Lach of DVAG posted a blog claiming insurance apps and fintechs want to be a ‘smart personality with just one click’ but in reality deprive customers from working with trusted advisors. To add fuel to the fire, fintech entrepreneur Dominik Groenen chimed in with a bit of math, stating that “74% of Clark, Getsafe and Knip users are dissatisfied, see no added value and would not recommend these apps” according to a survey conducted late last year by management consulting firm Innovalue. Bottom Line: incumbents vs. insurtech, action!