In this episode, Bobbie Shrivastav, co-founder and CPO of Benekiva, talks with Gilad Shai about the challenge of life insurance companies to manage claims, Nigel Walsh's fitness program, female entrepreneurs Bobbie's career path, and cryptocurrency.
We are an insurance platform for life annuities and health side of the insurance spectrum. We are on a mission to transform claims. We're moving it into servicing.
The stat that made me come to the industry was 68% of [life insurance] claims go unclaimed because there are people that not tell their beneficiaries that they have policies. So all this money is going into the unclaimed property account. That's billions of dollars of unclaimed benefits and it grows at an annual rate of 1 billion