Neer Patel

Numbers. Startups. Classrooms. Vision.
Founder @AnIndigoEye | Actuarial Mind | Finance Educator | Builder of Ideas 🚀

[Sumit Ramani @RamaniSumit]

Give your kids a taste of life by not removing every challenge that comes their way.

[Vikas Singh @vikasorricky]

Most people find it easier to put physical efforts and acquire skills that require physical efforts only, a very few take effort to acquire intellectual skills.

That's the reason we find more labourers and it is going to be like that only.

[Neer Patel @NeerPatel_11]

Why trains are always late by 2 min (Bramha time).

[Sumit Ramani @RamaniSumit]

An insurance company that doesn’t prioritize settling claims is a sham!

[Sumit Ramani @RamaniSumit]

Discovered this new version of the song. This one is sung by two of my favourites for different reasons.

One of the best gifts just before the MahaShivratri!

[Sumit Ramani @RamaniSumit]

The RBI’s latest draft directions on Responsible Business Conduct are a game-changer for how financial products are sold in India.

At @ProtectMeWell, we have an API-first solution (currently used by insurance brokers, insurers and wealth advisors) that addresses the following key issues identified in the RBI Direction

✅ Suitability First
✅ Explicit, Un-clubbed Consent
✅ Ethical Bundling
✅ Goodbye Dark Patterns

Need help? DM Me

[Sumit Ramani @RamaniSumit]

Nothing keeps you grounded more than being part of the WhatsApp group, which gets a tsunami of "Om Shanti" messages every 10 days.

[Sumit Ramani @RamaniSumit]

Quiz question: Identify a town in Gujarat where finding veg food could be challenging.

Hint: Houses here look like this.

(Avoid searching on the web)

[Mihir Dubal @MihirDubal]

Had amazing experience at the @IndiaInsurtech event on 30th, with the @ProtectMeWell team.

@RamaniSumit @vikasorricky @sridharraghu91 @NeerPatel_11 @jasshu7 @RohitChandak11

[Sumit Ramani @RamaniSumit]

The team at the event :)

[Sumit Ramani @RamaniSumit]

Life is the sum total of unforgettable experiences. Optimize for it.

[Actuaria Consultants @ActuariaConsult]

A team of 4 qualified actuaries, engineers and CAs with over 50 years of corporate experience in the re/insurance industry.

We bring 2gether a unique combination of skills and agility to solve challenging problems for our clients ( Insurtechs and Re/insurers)

[Sumit Ramani @RamaniSumit]

Exhibit 1: In my recent trip, I had booked a seat on the first row of the flight for extra leg space and for utilizing the time to finish a few tasks that would require switching on the laptop.

The staff, on behalf of a fellow passenger who had some leg injury, requested me to move to a seat in the 20th row so that the concerned passenger could sit comfortably along with the caretaker.

I argued about the extra charge I paid for the seat, and they confirmed that they would reimburse it. In my mind, I had already written it off, but I was keen to observe how this story unfolded.

I wasn't surprised.

✅The meal that I had booked (along with the seat) didn't come. Had to follow up.
✅ The promise to compensate came in the form of a voucher with terms & conditions. However, the voucher never arrived. Despite the follow-up.

This is not an isolated event. I had a very similar experience from another listed entity (a popular online travel agency), and we all hear stories of poor claims experience in the insurance indsutry.

It is not about money. It is about being short-term in approach and the mindset of काम ख़त्म, पैसा हजम

I hope this changes too by 2047!

[Neer Patel @NeerPatel_11]

You have your "press here to restart" button till you die.

[Sumit Ramani @RamaniSumit]

The only superpower you need to win in life is the ability to start all over again. We were all born with it, but tend to forget it as we grow up.

[Sumit Ramani @RamaniSumit]

In 2021, I knew I would achieve FIRE in a few years. It was well within sight. And that made me think about what I would do after I cross the finish line. The answers included moving closer to my parents, pumping more money into my bootstrapped start-up, spending more time with my family (especially my daughter), increasing focus on health, working on projects that excite me, and walking away from things, people, and places that drain my energy.

I realized there was no need to wait a few more years to begin living more fully. While starting now might delay reaching FIRE, it lets me enjoy life sooner. After all, FIRE means doing more of what fulfills you and less of what doesn't.

It all came together when I realized my dad has been doing this all his life. Even when money was tight. Because the right objective function of life is “fullness of life” and not money, which serves as a good tool.

Ring of FIRE is an attempt to nudge readers to pause and reflect on their lives, reassess their priorities, and encourage them to live a fuller life. The book achieves this with the help of several practical insights and relatable stories, in addition to demystifying the mathematical aspects of FIRE.

And what better day than Dad’s birthday to announce the launch of the book here? More details in the following post.

[PS: There are so many people who helped me make this book happen. A dedicated post for each one of them would follow in the subsequent days.]

[Neer Patel @NeerPatel_11]

"Don't get caught up in the diversification hype before you have capital to protect. The first rule of financial wisdom is to grow your resources. The rest will follow. #FinancialLiteracy #InvestSmart #anindigoeye"

[Sumit Ramani @RamaniSumit]

To have eggs in too many baskets, you need to have too many eggs.

[Neer Patel @NeerPatel_11]

The price of gold is soaring. It's a classic case of head vs. heart for many investors right now: Logic says wait, but tradition and instinct say "buy." #GoldPrice #InvestmentDilemma #Finances

[Sumit Ramani @RamaniSumit]

How to increase the probability of not dying in India. Beyond the obvious ones!

✅ Avoiding crowded events, especially when with kids
✅ Not running on roads
✅ Driving a car as opposed to bikes, the safer the car, the better
✅ Not getting bitten/attacked by stray dogs
✅ Living in a city with the right mix of people from various communities
✅ Having easy access to hospitals and knowing doctors personally
✅ Wearing seatbelts while in a car
✅ Driving within speed limits
✅ Avoid getting involved in road rages
✅ Skipping doing adventure sports like paragliding, bungee jumping, and the likes of the Ferris wheel at a local fair

[Neer Patel @NeerPatel_11]

Seven days from turning 23, I'm reframing my relationship with money. It's not the goal, but a tool to live my story to the fullest. The journey is the real reward. #LifeGoals #FIRE #23

Grateful for the wisdom that's guiding me forward.
~@RamaniSumit

[Sumit Ramani @RamaniSumit]

The objective function of FIRE should be fullness of life where money becomes a tool!

[Neer Patel @NeerPatel_11]

Uda Rafale Ab

#rauf