The Blurry Line Between Fintech and Insurtech

Allianz has partnered with Berlin-based fintech provider N26 on its new N26 Black card offering the typical insurance coverage you can expect from say Amex for the monthly fee of $6.40. Think: reimbursement for hospital expenses when abroad, delayed flights by more than 4 hours and/or stolen phones. Recall: back in July, N26 announced collaboration with  automated investment solution Vaamo to allow its clients to experience the magic known to some as robo-advisory and hopefully make some extra money on the way.