9Serious games. Seriously fun.

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Presentation transcript:

9Serious games. Seriously fun. Insurance Market Overview Humans have settled Mars! Meteor strikes threaten to destroy homes on Mars. You sell meteor insurance to the homes on Mars. You can only set a single price Homeowners see this price and decide to buy or not Revenues depend on how many homeowners buy Costs depend on the values of the insured homes destroyed in the meteor shower. Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Game Screen Possible buyers of homeowners insurance Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Game Screen Expected homes damaged. Range of home values. Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Game Screen Move the slider to choose a price Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Game Screen Press button to set price Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Game Screen Meteor shower ensues … Insurance Market www.moblab.com 9Serious games. Seriously fun. 9

9Serious games. Seriously fun. Payoffs Happy playing! Profit from Insurance Sales Profit = Price x N – Sum(Values of Damaged Homes) An Example You set price to 10K and 10 homeowners buy Revenue = $10,000x10 = $100,000 Two homes are damaged (50K and 30K) Cost = $50,000 + $30,000 = $80,000 Profit = $10,000x10 – ($50,000 + $30,000) = $20,000 Insurance Market www.moblab.com 9Serious games. Seriously fun. 9