Mayank Jain

@jainmayank_943

x-Entrepreneur. x-Business head, Ola /Practo. Strive for excellence. Presently, VC-in-res at Stellaris Ventures. Reachable at mayank@stellarisvp.com

Bangalore
Vrijeme pridruživanja: lipanj 2009.

Tweetovi

Blokirali ste korisnika/cu @jainmayank_943

Jeste li sigurni da želite vidjeti te tweetove? Time nećete deblokirati korisnika/cu @jainmayank_943

  1. Prikvačeni tweet
    16. sij

    1/ Thread on the fascinating Credit Card economics ahead of SBI Cards IPO. Quoting someone - “Credit Cards (CC) is in the business of transferring money from poor to the rich.''

    Prikaži ovu nit
    Poništi
  2. 3. velj
    Poništi
  3. 29. sij

    Bajaj Finance did $230M PAT in Q3. Close to $1B annual PAT run rate which is the entire PAT of credit card industry. Going from strength to strength.

    Poništi
  4. 28. sij

    Whoa! reminisces his computing journey in this trip down the memory lane!

    Poništi
  5. proslijedio/la je Tweet
    27. sij

    Motor Insurance Industry in India: The business model and gaps [] Thread by unrolled for you.

    Poništi
  6. 26. sij

    Would love to get thoughts on this preschool thread. Feel free to drop replies and I’ll reply in a few mins.

    Poništi
  7. 26. sij

    35/ Data sources for above include: 1) IRDA annual reports 2) Alvarez & Marshall report 3) Primary interviews with 3 private motor insurers, 2 leading insurance brokers, 2 OEM dealerships and attached garages, 50 car owners.

    Prikaži ovu nit
    Poništi
  8. 26. sij
    Poništi
  9. 26. sij
    Poništi
  10. proslijedio/la je Tweet
    25. sij

    Thread. After the last one on credit cards, Mayank dissects motor insurance.

    Poništi
  11. 25. sij
    Poništi
  12. 25. sij
    Poništi
  13. proslijedio/la je Tweet
    25. sij

    Where unpacks the car insurance industry in India. Pay particular attention to the role of OEMs in distorting the economics of car insurance.

    Poništi
  14. 25. sij
    Poništi
  15. 25. sij

    34/ I think there are enough opportunities for startups to solve the above pain points, and some are already attempting it. If you’re solving any of the above - would love to meet. Please drop a DM here on Twitter.

    Prikaži ovu nit
    Poništi
  16. 25. sij

    33/ ...4) no power with insurer to negotiate discounts on parts and labour; 5) perverse practice by OEM of replacing parts which can be repaired.

    Prikaži ovu nit
    Poništi
  17. 25. sij

    32/ To summarise key industry issues include: 1) OEMs setting new car insurance price instead of insurer; 2) high renewal commission for a commodity product; 3) primitive underwriting...

    Prikaži ovu nit
    Poništi
  18. 25. sij

    31/ Only weapon that insurer has for above is surveyor audit. However, surveyor comes in the picture much later. Often, garages damage the part before that. And sometimes, there is corruption in surveyors and they get some kick back.

    Prikaži ovu nit
    Poništi
  19. 25. sij

    30/ Customer gets a new part. OEM garage gets an inflated claim. And it’s the poor insurer that suffers and pays for it.

    Prikaži ovu nit
    Poništi
  20. 25. sij

    29/ This practice is more prevalent where the customer has a zero depreciation cover. And >35% have that. Then customers also prefers part replacement when asked, as he doesn’t have a financial bearing owing to zero dep cover.

    Prikaži ovu nit
    Poništi
  21. 25. sij

    28/ OEM’s also tend to inflate the claim value by replacing parts which can be repaired. The difference in claim value can increase multi-fold because of this perverse practice of OEM garages.

    Prikaži ovu nit
    Poništi

Čini se da učitavanje traje već neko vrijeme.

Twitter je možda preopterećen ili ima kratkotrajnih poteškoća u radu. Pokušajte ponovno ili potražite dodatne informacije u odjeljku Status Twittera.

    Možda bi vam se svidjelo i ovo:

    ·