Policy in Wonderland

Dive into the complex world of US insurance recruitment with Audry Torrence, founder of Best Search Inc. and a 30-year veteran in the field.

In this episode, we explore:

• The unique challenges of the US insurance market
• Building dream teams for InsurTech startups
• Navigating compensation in the era of remote work
• The "For the Founders" initiative supporting InsurTech entrepreneurs

Plus, get a sneak peek at our upcoming webinar on team building and investor expectations!

Don't miss Audry's insights on orchestrating talent in the ever-evolving insurance landscape. Whether you're a founder, investor, or industry professional, this episode is packed with valuable takeaways.

Connect with Audry: https://www.linkedin.com/in/audrytorrence/ Best Search Inc.: https://www.linkedin.com/company/best-search-inc/

I had the pleasure of sitting down with Josh Levine the Founder & CEO at Cake & Arrow on my podcast.

In the bustling world of insurance innovation, finding the perfect blend of user-centric design and technological prowess can often feel like navigating a labyrinth. Yet, amidst the complexities, there are guiding lights illuminating the path forward.

Welcome back! You're tuned in to another exciting episode, and today we're diving again into the world of insurance with none other than Bobby Touran, the Co-Founder and CEO of Rainbow, an #MGA carving its niche in restaurant insurance. Trust me, by the end of this episode, you'll be hungry 🤤 for insurance insights!

Now, before we unravel the layers of Bobby's insurance journey, did you know that the meaning of 'Baabak' in Persian is Honest? And in the insurance realm, honesty is a cornerstone, shaping the very core of what we do.

Buckle up as Bobby takes us through his evolution from an eager insurance learner to building not one (Pathpoint) but two insurtech companies. We'll explore how his industry experience has molded his approach to tackling the unique challenges of restaurant insurance.

What sets Rainbow apart? Bobby spills the beans on their unique business model, focused on delivering value-added products and services for insurance agents. Plus, we'll delve into the crucial role trust plays in the insurance game and how Rainbow goes the extra mile to foster strong, trusting relationships with its customers, the insurance agents.

There's more! Bobby, or should I say Baabak Bobby Touran, shares his insights on growth opportunities in the commercial insurance space and drops some knowledge for investors eyeing the vibrant world of insurtech.

Stick around to discover:

• The secrets behind Rainbow's unique business model;
• Must-know tips for investors venturing into insurtechs;
• Bobby's key takeaways about MGAs;
• The art of creating a positive Loss Ratio;
• Uncovering growth opportunities in the commercial insurance landscape

The first time I saw Helen was on the stage in Israel, while she was pitching Teambase at the Insurtech Israel summit. Her enthusiasm was inspiring and contagious. I said to myself that I wanted her to be my first guest on my English version of the podcast Policy in Wonderland.

Teambase supports Brokers, Insurers, and MGAs around the world to digitally transform their operations and build long-lasting relationships with their Corporate & SME clients by leveraging their portfolio of insurance solutions. As a result of the iterations with brokers and insurers, their solutions are always evolving. Helen describes her unique journey to becoming one of the founders & COO at Teambase.

We even talked about bringing in new and younger workers, so if you're wondering how insurance can be your next career, you've got to listen to this episode.

In our latest "Policy in Wonderland" episode, we delved into India's MSME insurance landscape with Ankit Kamra, co-founder of Covrzy. With 85% of MSMEs uninsured despite contributing 37% to India's GDP, the sector presents a $1.8-2.1 billion opportunity. Kamra highlighted challenges like lack of awareness and trust issues. Covrzy aims to simplify insurance through partnerships and innovative bundling. India's non-life insurance penetration is just 1%, but the sector is poised for 15% CAGR. Kamra emphasized cultural nuances, including price sensitivity and a shift towards tech-savvy business owners. As India aims for a $10 trillion economy by 2030, Covrzy's approach of demystifying insurance for MSMEs positions it well for the future. Kamra's message: insurance doesn't have to be complex.