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With Ditto - Insurance made easy Spam-free Insurance with Ditto -https://bit.ly/4d5JMzh Apply for Advisory Role at Ditto [English + Telugu] - https://bit.ly/441ys31 Disclaimer: This video is for educational purposes only. The opinions expressed by the guests are their personal views and do not reflect our stance. We have no intention of defaming or harming any individual, brand, product, country, or profession mentioned in this video. Our aim is to provide information to help the audience make informed decisions. Our Filming Gear - Camera 1 - https://amzn.to/4gS3IGv Camera 2 - https://amzn.to/4gN6Kf1 Wireless collor mic -https://amzn.to/4k4dEPX Dynamic microphone - https://amzn.to/3QqWBdd Audio mixer - https://amzn.to/4hHByiD ~ In this episode, we explore how Ditto Insurance secured funding from Zerodha’s Nikhil Kamath despite not having substantial revenue or a fully developed product. Bhanu Harish shares his experience and provides a glimpse into the world of startup funding and strategic partnerships, making this a must-watch for aspiring entrepreneurs and fintech enthusiasts. We delve into the meticulous process of claims investigation, especially after unexpected deaths. Bhanu explains how insurance companies verify claims and detect fraudulent activities, shedding light on the challenges faced by insurers in ensuring genuine claims are honored. Hospital frauds are a significant concern in the insurance industry. Our discussion uncovers the rampant frauds in hospitals involving fake admissions and inflated medical bills. We discuss the impact of these fraudulent activities on both insurance providers and policyholders, highlighting the need for vigilance and robust investigation processes. Can celebrities insure specific body parts? We explore the fascinating world of body part insurance, discussing examples like Ronaldo's legs, Sania Mirza's hands, Jennifer Lopez's buttocks, and the voices of Amitabh Bachchan and Lata Mangeshkar. This segment provides an interesting perspective on how high-value individuals protect their most valuable assets. The insurance industry often faces negative perceptions. We address common misconceptions about insurance agents and why they sometimes have a bad reputatio. Simplifying insurance for teenagers, we explain the basics in layman's terms and highlight why it is crucial for financial security. We also tackle the question of whether smart investors who save a lot should still consider taking insurance. We also discuss the various types of fraud in the insurance industry, including cases involving murders, fake death certificates, and more. Health insurance is another critical topic. We discuss how health insurance works, what companies check during the application process, the concept of waiting periods, and the circumstances under which health issues might lead to denial of coverage. The episode also touches on insurance for movie sets, using examples from big productions like Bahubali and Robot 2. Bhanu explains how insurance protects these high-budget films from unforeseen events and losses. Finally, Bhanu shares the story behind Finshots and Ditto, including how he met Nikhil Kamath and the unique business model of Ditto Insurance. We discuss their no-target, no-spam-call approach and their strategies for hiring insurance advisors. . #telugupodcast #businesspodcast #rawtalks ~ What We Discussed - 00:00 - Introduction 03:13 - How the business started? 04:08 - Simplifying Stock Market for beginners 07:00 - Meeting Zerodha founder - Nithin Kamath 14:38 - Why & How Ditto? 18:15 - Is Insurance Important? 23:50 - Insurance Scams in India 27:41 - Misinterpretations in Insurance Policy 33:23 - Waiting Periods in Insurance 38:15 - Insurance Claim Frauds 40:53 - Things you should know, while buying Insurance Policy 43:49 - Bahubali Set Insurance! 48:12 - What is Insurance & Why is it Important in Telugu 50:34 - Smart Investing (Stock, Mutual Funds, etc) Vs Insurance 51:31 - Basics of Term Insurance & Life Insurance 56:37 - Actress Sridevi’s Death Mystery 59:51 - Body parts Insurance 01:02:51 - Gopala Gopala/ OMG movie 01:05:50 - Can we trust Insurance Agents? 01:10:53 - How is Nithin Kamath as an Investor? 01:15:28 - Why not build from the same company? 01:21:48 - How is the "No-Target" process working? 01:31:10 - Points to note while buying an Insurance 01:38:50 - Can we change Policies later? 01:40:24 - Advice for Finance business 01:41:45 - Inspiration & Takeaways ~ . Connect with me - Instagram: / thevamshikurapati Website: https://rawtalks.in/ Email: [email protected] Spotify: https://spotify.openinapp.link/w3u4z