This is a conversation with Naked Co-founder Alex Thomson. Traditional insurance operates on the basis where fewer claims means more profits. Naked have removed their hand from the claims pot completely. Instead they take a flat fee off the monthly premiums clients pay to cover running costs and profits, and the rest of the money goes into a pot to pay out their clients’ claims. Learn more; https://www.naked.insure/ The Mashstartup podcast explores practical learnings and candid ​journeys of Africa's emerging entrepreneurs and creators. The Mashstartup Podcast profiles the most talented creators, impactful entrepreneurs & high performing professionals with the purpose to drive insights and tactics to help you build what you believe in. Youth entrepreneurship evangelist Mashudu Modau is an influential voice in the small business community. As founder of Lutcha and Founders Sauce – he connects people and builds platforms to help African entrepreneurs grow. Learn more www.mashstartsup.co.za