---
title: "Podcast Episode 68: Flipping the Insurance Industry"
description: Peter and Dan talk about the history of insurance, and why this age-old industry is ripe for disruption.
---

[Peter H. Diamandis BLOG - Upgrade Your Mindset. ](https://www.diamandis.com/blog)

# [Podcast Episode 68: Flipping the Insurance Industry](https://www.diamandis.com/blog/podcast-episode-68-flipping-the-insurance-industry)

 Written by [Peter H. Diamandis](https://www.diamandis.com/blog/author/peter-h-diamandis) | Apr 7, 2019

## **[Episode 68: Flipping the Insurance Industry](https://podcast.diamandis.com/2019/04/07/episode-68-flipping-the-insurance-industry/) **

## **April 7, 2019**

Peter and Dan talk about the history of insurance, and why this age-old industry is ripe for disruption. They discuss which exponential technologies will help inefficiencies and the new business models they see in the near future.

**In this episode:**

- Peter believes insurance will start to disappear for most people as tech companies begin covering costs (i.e. autonomous car companies like Waymo offering free insurance to their riders).

- Dan talks about how Artificial Intelligence will disrupt the middleman. He outlines a future scenario in which most individuals will purchase life insurance from a robot online, because the process will be *that *instant, easy and accurate.

- Peter and Dan discuss how insurance companies should flip the business model from *retrospectively* protecting from risk to *proactively* protecting you from risk. This would force insurance companies to keep customers alive longer to retain their business.

[http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_68_Flipping_the_Insurance_Industry.mp3](http://content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_68_Flipping_the_Insurance_Industry.mp3)

Podcast: [Play in new window](http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_68_Flipping_the_Insurance_Industry.mp3) | [Download](http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_68_Flipping_the_Insurance_Industry.mp3)

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