Nothing too new at the presentation tonight.
Dr Wallace mentioned that they were in advanced discussions with a US health insurance provider, furthering their agenda of expansion into the health insurance realm. Slide below taken from November Investor Presentation.
There was a small hint when she flicked through an updated 'The Team' slide. With the hire of Rohinee Mohindroo as CTO of US Operations, Dr Wallace said that her experience with previous companies was important to Flamingo as they are pursuing those key players. Wallace took the time to detail the significance of Rakuten, but also listed under Rohinee's photo were Metlife and JP Morgan Chase.
Brenton Charnley was another team member that she touched on, also with experience working as Head of Innovation at Metlife Insurance Australia.
Wallace went on to mention that they hope to have 80% of their revenue coming from channel partners, rather than directly. Someone with more knowledge as to the significance of this might be able to comment.
Lastly, we should expect a truckload of news in the next six to twelve months. Wallace made a point that the legal team were armed and eager to keep the market informed.
I'll leave you guys to join the dots but I'm even more confident with my investment after tonight.
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