Rising Premiums & Affordability Crisis

A growing affordability crisis is emerging as insurance premiums outpace wage growth and property values in high-risk areas decline due to coverage unavailability.

Analysis:

The affordability crisis is creating a massive protection gap. Startups building parametric products, microinsurance, usage-based models, or technology that fundamentally reduces the cost-to-serve for lower-premium policies could address a market that incumbents are abandoning. Social impact angle strengthens the thesis.