Oscar is a company that has never existed before: a technology-driven insurer. It is exceptionally hard to start an insurance company. It involves large capital reserves, years-long licensing processes, a complexity that requires product design not around the average use case but around the edgiest use case, and the most fundamental subject matter there is - someone’s health and well-being. All of these things are diametrically opposed to where most technologists these days spend their time, whether on ad tech, social stuff or mobile.
