 Hey guys, it's MJ the students actually and a while back I had the pleasure to do an interview with this amazing startup called Pineapple and I said that if we got enough likes in the video we would do another interview with one of their competitors and Seeing that we got 32 likes, which is quite a lot for one of my videos I thought let's go let's go and do it. We did get one down vote but that was probably from Indiefin and Indiefin is the company that I went and I didn't interview with and the reason why I didn't interview with them is Because they've taken a shot at pineapple, which makes sense pineapple in their video Which we're about to see takes a shot at the insurance industry and they're gonna retaliate So let's watch the pineapple a little snippet of the pineapple video Realize 22 round is taking us profit for the shareholder 30 round is gobbled up in costs from inefficient legacy systems and 21 round is stolen away by fraud No wonder consumers have no appetite for it. They're left with only 36 round value from their 100 round Instead of feeding corporates with our premiums. Let's change the process Let's make it one that helps its members help each other. It's time to completely rethink the insurance model Okay, as we saw in that video pineapple is taking a shot at the traditional insurance model and Indiefin has replied in their blog by we know we know they're talking about pineapple because 36 of every 100 That's the stat that is displayed in the pineapple video But what is interesting is that they're saying that this claim is downright false and in the rest of their blog article They go and they take shots at all of pineapples other ideas and and systems And I guess that's what this basically comes down to there's these two different Philosophies that we're seeing emerging now in insurance. We've got the traditional centralized system Which Indiefin is wanting to to stick with where you have an administrator Who deals with all the claims and and handles everything from a central location? And then you have pineapple who is embracing new technology like blockchain saying well We can actually decentralize this and maybe improve efficiency, but anyway, that's enough of me talking What I did do is because we did get enough likes. I have made the interview with Indiefin It is quite long I think it's around 40 minutes, but I do chat to their chief actually And we talked just about actuarial science in general What what is Indie and what do they see for the future? So if you're interested in that go check out that video and as always thanks so much for watching Cheers