FNO: InsureTech Alacrity Solutions

Join Lee as he talks with Adam Bowe, CEO and co-founder of Cake. Learn how Cake is revolutionizing the buying, selling, and valuation of insurance agencies. Adam shares the platform’s unique approach, using machine learning for precise valuations, and highlights tools for anonymous listings, secure transactions, and escrow services. Discover the challenges and opportunities in the insuretech space, and how Cake is making the market more accessible for agency owners and buyers alike.
 

Co-hosts Rob and Lee chat with Scott Kannry, CEO and co-founder of Axio, exploring how Axio helps businesses manage cyber risk. Scott shares Axio's origin story, their unique approach to cyber insurance, and collaboration with Lloyd’s of London. Tune in to learn about the evolving field of cyber insurance and the importance of mitigating cyber risks today.

Listen as Jared Kaplan, CEO and co-founder of Indigo, discusses the challenges and innovations in medical malpractice insurance, sharing his journey from building tech startups to using transforming insurance with artificial intelligence and data analytics. Jared explores Indigo's approach to differentiating risk, offering lower premiums to deserving doctors, and ultimately aiming to impact the healthcare industry positively. Kaplan also shares a lighthearted glimpse into his off-work hobbies when he's not running the business.

In this episode, Rob catches up with Ty Harris, CEO and co-founder of Openly, for his second appearance on the show.
Join Ty and Rob as they chat about Openly’s growth, remote work success, and strategies for navigating the current market. Harris shares insights on Openly’s tech-enabled approach to home insurance and targeting the mass affluent market through independent agents. They also explore Openly’s focus on customer and agent satisfaction, the potential to enter the auto insurance market, and the impact of AI. We also get a little peek into Harris’s unique background, from academia to poker and ballroom dancing.
 

In this episode, we have a lively discussion with leaders at Verisk — Aaron Brunko, President, and David Obert, Chief Product Officer. 
Our conversation covers the importance of embracing AI and innovation in the insurance sector, the evolution of property estimating solutions, and the future of work in an increasingly technological landscape. Aaron and David offer insights and predictions about the impact of AI on the insurance industry, highlighting how it could streamline processes, improve decision-making, and impact the overall efficiency of claims management.

This week, Rob and Lee welcome an esteemed panel including four of the founding members of the InsurTech Coalition: Austin Bailey from Branch, Scott Fischer from Lemonade, Jeremy Dietch from Boost and Rachael Dugan from Indigo. Together, they talk about the mission of the InsurTech Coalition and benefits of membership, the Coalition’s aim to shape regulation through education and transparency, and how we can better use technology responsibly in insurance. 
 
Learn More:
www.fnoinsuretech.com
InsurTech Coalition 
Branch 
Lemonade 
Boost Insurance 
Indigo 
 
What You’ll Hear In This Episode:
[5:10] The four guests introduce themselves and how they got into the Coalition.
[9:32] What is the InsurTech Coalition? 
[12:35] What is the shared goal of the InsurTech Coalition? 
[14:33] Being proactive vs reactive in regulation.
[16:12] The Coalition aims to become more proactive in shaping regulation for insurance and technology.
[21:03] The proactive nature of the Coalition’s work and a collaboration process at all steps. 
[22:14] The Coalition’s ultimate mission isn't to disrupt regulation, it is to better work with regulation. 
[23:49] The challenge of technology outpacing laws and regulations. 
[26:11] The core objectives of responsible use of technology in insurance. 
[32:07] The evolution of the Coalition. 
[33:06] Timeliness of AI adoption in the insurance industry.
[35:16] Collaboration despite competition.