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Global Social Safety Net Vision
- SafetyWing aims to create a global social safety net like the Norwegian welfare system available globally via subscription.
- It includes healthcare, income protection, sick leave, parental leave, and pension savings for remote workers worldwide.
Launching Health Insurance Product
- SafetyWing started with health insurance as the first essential product inspired by the Norwegian social safety net.
- They brought on decades-long insurance experts from Upwork to help build and launch the product in one year.
US Healthcare Market Challenge
- The US is the hardest market for SafetyWing to launch their own insurance product due to regulatory complexity.
- Many American remote companies are customers because private healthcare is well established there unlike countries with stronger public systems.