EP 20 – Meeri Savolainen – Founder and CEO of INZMO – We Had Pretty Wild Ideas About What We Could Do in Insurance

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 130 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Meeri Savolainen is Founder and CEO of INZMO, a Berlin insurtech building the financial ecosystem to serve the European rental industry. It aims to own all of the financial services tenants and landlords need to avoid and reduce rental debts, with the goal of freeing up liquidity and offering more financial flexibility. A former corporate lawyer with Ernst & Young, Meeri had no previous experience of insurance before starting INZMO in 2016. Today, her business is backed by Swiss insurance giant, Helvetia, experienced 300% growth in 2022 and has over 100,000 customers. At INZMO, Meeri oversees the overall strategy for the business and is responsible for legal matters, company culture, marketing and financial affairs. Meeri has a Law degree from the University of Tartu and was recognised as one of the top 10 women in insurtech to watch in 2022.

This episode is brought to you by:

“Often they tell me that, oh, no, this cannot be done. And then I’m like, watch me. And this is where I kind of got this name of ‘troublemaker’ in insurance.” – Meeri Savolainen

InsurTech Amplified had the pleasure of diving deep into the world of insurance innovation with ⁠Meeri Savolainen⁠, the founder and CEO of INZMO⁠. Dubbed a “troublemaker” for her unconventional approach to innovating in the insurance industry, Meeri shared invaluable insights into the challenges and opportunities of bringing wild ideas to the tradition-bound insurance industry. 

Meeri explored the essence of innovation in a sector known for its adherence to tradition, highlighting how challenging conventional wisdom and embracing outsider perspectives can catalyze significant advancements.

Meeri shares her journey of building credibility within a skeptical industry, the evolution of InsurTech’s landscape, and the pivotal role of technology, particularly AI, in transforming customer experiences and expectations. This episode not only illuminates the path INZMO has carved in the insurance sector but also sheds light on the broader implications of innovation, resilience, and the future of customer-centric insurance solutions.

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