Erik is joined on this episode by Karn Saroya (@karnsaroya), CEO of Cover, and Sheel Mohnot (@pitdesi), investor in FinTech.

They talk about…

* How Karn navigated the idea maze in starting Cover.

* The quirks of the insurance market and the real business model of big insurers.

* How insurance is comparable to prediction markets.

* Their requests for startups in the space, where the opportunities are, and what to stay away from.

* Why there has been a trend towards specialty insurance.

* How companies are using new sources of data to make underwriting decisions.

Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.

Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg, and the show is produced by Brett Bolkowy.