We started the final day of our trek with a visit to Lemonade, an Israeli success story that is shaking up the future of the insurance market in the US and Europe. Lemonade fundamentally changes the insurance business model, through users donating a portion of their unused premium each year to a charity of their choice. In this way, insurance holders are more inclined to be honest about the value of their claims, and the underwriter (Lemonade) has less incentive to not pay out claims (as the unused premium will not improve their bottom line).
Read MoreOur final destination for speakers on our last day of the trek was a visit to the headquarters for Team8. Team8 is described as a foundry and unique venture capital group that works across a few domains, including AI, fintech, digital technology and cyber. We had the opportunity to listen to 5 different speakers across the entire ecosystem of Team8, including founders, partners, and executives.
Read MoreWe ended our course on a high note, with the honor to spend 90 minutes with Sir Frank Lowy. Lowy can be described in several impressive ways - holocaust survivor, founder of the Westfield Group, father of three. Born in 1930 in Slovakia, he moved to Australia at the age of 26, where he became a prolific businessman. Given his impressive career, a lot has been written about him. Here we wanted to share some of the special nuggets of wisdom and personal anecdotes one can only get in a more intimate conversation with him.
Read More