The insurance industry is ripe for innovation and disruption and insurtech pioneer Andrew Jernigan has all intentions to continue doing just that with his team at Insured Nomads. The company offers insurance solutions to remote workers, expats, travelers, and digital nomads. 

The Evolution of the Digital Culture

With remote work becoming the norm worldwide, the digital culture will continue to evolve and with growth comes teething pains. Digital nomads face increasing challenges from achieving work-life balance to ensuring that gear is kept safe as they travel. With these increased challenges, businesses need to innovate in order to stay afloat and offer viable solutions to meet the growing demand of the digital lifestyle. Andrew Jernigan believes that it is important to understand the market and meet people where they are. "As hundreds of thousands, and quickly heading into millions, take to the air to find a new way of working, they will be more susceptible to cybercrime. An all-out collaborative effort must be made to educate and equip the workforce to use malware protection, run antivirus often and utilize a VPN. Changing the mindset so that behavior changes is crucial. One of our ways to make difference is through providing a full suite of cyber security benefits with our long-term policies." 

Innovative Solutions with a Revolutionary Approach  

The digitalization of the processes is vital for the successful adaptation to our culture and way of life. As a digital nomad himself, Andrew has experienced firsthand what it is like to live from country to country, months at a time with a different culture or way of life in each location. That is why he and his team have come up with revolutionary products aimed at changing the insurance industry for digital nomads. Andrew states "no one has deployed a panic button with responders ready anywhere in the world - let's do it. Digital policy id cards, travel alerts, mental health and cyber safety are some of the ways which we will continuously innovate."

Andrew believes that we must reimagine basic insurance to suit the needs of the globally mobile worker. "Medical insurance, whether travel or global health insurance for the remote worker, digital nomad, traveler, or expat is normally dull and unexciting with many medical-only plans often offering weak service." Andrew and his team believe that it's time to do more. Their objective is to offer relevant and reliable customer service methods, essential and convenient services, cyber security benefits, personal safety, and security operatives ready to respond, and robust medical delivery through a tech-enabled global payment system. According to Andrew, "it's the safety system for the global digital life - fully implemented." Insured Nomads has no intention of slowing down its offering, because there is a need to be filled. The company aims to reach out to the digital culture and establish roots as a dependable travel partner. 

Offering Simplified and Accessible Insurance products 

Andrew describes himself as a protector at heart. "I see myself as a justice-fighter working to right the wrongs. Often times, insurance is too complicated, not easy to follow and unused or forgotten about." He believes that the industry has not seen tech-enabled solutions presented which puts the ever changing consumer at a disadvantage. "We can provide better, so we will. The desire to create products that are easier to use, with more robust benefits, and features such as a return on unclaimed benefits like medical insurance has evolved from the desire to give more to the remote worker and expat." Insured Nomads boasts the record of being the first insurtech in this space which provides impetus to continuously innovate as the workforce changes in the years ahead.