Strategy Saturday - The Insurance Nerds Newsletter (August 24th, 2024 Edition)

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Scaling Your Startup Talent With Fractional Leadership Teams by ???? Ben Baker??? & ???? Nick Lamparelli

You are growing and evolving.? You have made it past the MVP stage, funded your friends and family round, have actual clients, are shipping, and are starting to make money.??

Congratulations, ???? you have made it beyond where many in your category have and are well on your way to becoming a viable and sought-after entity.

The trick is you are not there yet, but to get there, you have needs.

Those needs are best defined as the need for people with expertise to help you move from where you are to where you desire to be.

A group of experts with skills beyond those of your founders to ensure that you stay on track, evolve, and grow.

Unfortunately, Most of these experts won’t work for pure sweat equity, which means capitalization.? The challenge is you don’t have the capital in-house or from VCs yet to hire people full-time to become:

Chief Operating Officers

Chief Marketing Officers

Chief Financial Officers

Chief Claims Officers...

READ THE FULL ARTICLE HERE

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Kate Terry, CEO of Surround Insurance on US Homeowners Insurance Price Discrepancies

This episode of The Assignment of Benefits Podcast discusses the complexities of homeowners insurance, focusing on wide geographic price variations, regulatory challenges, and the impact of climate change on risk assessment and insurance costs. Kate Terry & ???? Nick Lamparelli highlight the role of capital markets, reinsurance, and building codes in shaping insurance availability and affordability, using Florida as a case study for broader national trends. The conversation underscores the importance of reducing insurance costs to prevent it from becoming a luxury good, emphasizing the crucial role of insurance in enabling societal progress.

Referenced NY Times Article: HERE

NBER Journal Publication: HERE

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Latest Podcasts

Pat West, Carrier Relations Leader at GloveBox - PIR Ep. 579

Tony Ca?as, CPCU, MBA, AU, ARM, ARe, AIC, AIS chats with Pat West , GloveBox 's Carrier Relations Leader. Pat is an insurtech veteran who gives us an update on what's going on at GloveBox.

Jim Schubert, CEO at Southern States Insurance and Headmaster at Agents Growth Academy - PIR Ep. 578

Tony chats with Jim Schubert , CEO at Southern States Insurance and Headmaster at Agents Growth Academy. Jim runs a second-generation family agency in Georgia which is very unique in the way they hire and retain their people. My team has recruited for SSI for about 18 months so I've personally seen how well it works and that's why I invited him on the show. He also runs the Agents Growth Academy podcast to help other agents grow. A great conversation about insurance agencies with an agency recently featured on the cover of Rough Notes!

Skylar Romines - Insurance Professional, Mother & Author of "So She Did"

Skylar Romines , an insurance professional and author, discusses her journey of writing her first book, "So She Did," during the pandemic. She highlights the challenges and insights gained from interviewing over 50 women in the industry. She emphasizes the importance of mentorship and creating pathways for young women in insurance while also discussing the balance between personal and corporate branding. Her new venture aims to bridge the gap between clients and brokers, focusing on deeper client relationships without the constraints of traditional brokerage roles.

So She Did - Amazon

ATW Advisors

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September 18 & 19 Boston - AltaWorld Women in Insurance Tech Conference

Exclusive 50%?Discount?on Conference Tickets: WITCEND247

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October 15-17 Las Vegas - InsureTech Connect Las Vegas

200ITC1439?for $200 off

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