Bryan Falchuk的动态

Vern Steiner, CEO of the State Comp Fund, shares how launching their online, direct sales solution at the end of 2019 brought a surprise learning for the team. And for people worried that a new, simpler, online sales process that eschewed most of the questions in a traditional application would mean underwriting results would suffer, they found that wasn’t the case, meaning they built something with the right balance of meeting customer and company needs. Watch the clip at https://lnkd.in/ernjDFsA and catch the full episode at https://lnkd.in/eZHfkB9M #futureofinsurance #insurtech #insurance #podcast

Vern Steiner, CEO of the State Comp Fund, shares that they knew that insurance was going to be disrupted, and that they needed to change to be sure they not only stayed relevant, but genuinely could meet customers needs. As there’s a generational change takes place in the people who run businesses, more customers will demand self-service, and the bar for what makes that an acceptable experience will keep rising. Watch the clip at https://lnkd.in/ehndSiAE and catch the full episode at https://lnkd.in/eZHfkB9M #futureofinsurance #insurtech #insurance #podcast

CEO Vern Steiner shares how the State Comp Fund created an Innovation Design Center to scan the market for ideas coming up in the market, and understanding the needs of the business to find the right things to bring to the business’s attention. Since everyone in the org already had a day job, this was critical to be sure SCIF kept connected to innovation. Watch the clip at https://lnkd.in/e6cAfwvs and catch the full episode at https://lnkd.in/eZHfkB9M #futureofinsurance #insurtech #insurance #podcast

Vern Steiner, CEO of the State Comp Fund, knows that underwriters can never have too much information. But so much as changed in business such that you have to balance asking for all the information you want with being simple and easy to work with. Striking that balance means not asking things you don’t genuinely need to know, or looking to external data sources and other ways to source critical information so you don’t burden customers with requests. Watch the clip at https://lnkd.in/etJkJkPq and catch the full episode at https://lnkd.in/eZHfkB9M #futureofinsurance #insurtech #insurance #podcast

Yaron Ben-Zvi, COO, Oka, shares their progress in a very short time, securing capacity, building a team and platform for their operation, and starting a Lloyd’s syndicate, all within a year. The company is focused on protecting carbon credit transactions to help enable the decarbonization of the global economy, so time to market was not just important for the business but for their mission, and they showed that you can launch an insurer within a year with a small team (of just seven people), reminding us all what’s possible. Watch the clip at https://lnkd.in/erUvS4_r and catch the full episode at https://lnkd.in/eARhrmmV #futureofinsurance #insurtech #insurance #podcast

As she was founding Coverhero, Naby Mariyam took a social science approach, called Grounded Theory, to understand the problem in the market in depth. This means digging into the industry value chain problem, the consumer problem, where investment is going and more. That means traveling the world and talking to all kinds of different people with all kinds of different perspectives to really hear what’s going on to try to see what problem genuinely needs solving. Watch the clip at https://lnkd.in/eeGwQQgc and catch the full episode at https://lnkd.in/etWE27MR #futureofinsurance #insurtech #insurance #podcast

By investing at seed stage, astorya.vc isn’t planning to have a unicorn right away like you might in Series A or B. Instead, astorya.vc’s seed focus means they’re trying to spot trends and new risks that address real and meaningful pain points in the market. Watch the clip at https://lnkd.in/epFhgakT and catch the full episode at https://lnkd.in/eVmE2Jh2 #futureofinsurance #insurtech #insurance #podcast

Carey Anne Nadeau, Co-CEO & Co-Founder, LOOP, shares how they think about the success they have. Their customers call out how specific to their needs and situation they feel LOOP’s solution is. It accommodates people who don’t have established credit or the standard, historic measures of financial success and instead try to use actual exposure and risk of loss in their pricing. Watch the clip at https://lnkd.in/epKGZZjw and catch the full episode at https://lnkd.in/d4AGeiGJ #futureofinsurance #insurtech #insurance #podcast

Sean Harper, co-founder of Kin, and repeat entrepreneur, shares a really cool thing about building something new. He tells people, “Every day you stay alive, something amazing can happen, so stay alive.” You try lots of things that don’t work and fail at many things. But when you figure something out, it’s worth more than 10 of those failures, so it’s worth it. The cost-benefit equation is asymmetrical. It’s hard, but it’s incredibly rewarding. Watch the clip at https://lnkd.in/egG6tP3D and catch the full episode at https://lnkd.in/eT8jGAaF #futureofinsurance #insurtech #insurance #podcast

In response to comments from Evan Greenberg from ITC about how InsurTechs are hype, Sean Harper, Co-Founder of Kin, cautions that we can’t just ignore the real issues that need solving in legacy insurers, like technical debt that holds these companies back from efficiency, customer experience gains and new ideas. We all need to have a more open mind to the pros of the other side rather than writing anyone off as hype. Watch the clip at https://lnkd.in/eznWWf2Y and catch the full episode at https://lnkd.in/eT8jGAaF #futureofinsurance #insurtech #insurance #podcast