Supercede: The guys doing for reinsurance buying what Zoopla did for homebuying, The LiiP, S1, S31
The Leadership in Insurance Podcast - Insurtech & Innovation06/07/21 • 59 min
This is one I have been looking forward to for a while. We have talked often about insurance trading platforms but most platforms focus on insurance with the reinsurance market slightly underserved. In this week's episode, I was joined by Jerad Leigh and Ben Rose, Co-Founders of Supercede.
Supercede is a platform for stakeholders in reinsurance to network and trade with software made exclusively for the reinsurance industry.
In this episode, we discuss:
- Supercedes goal of being the Zoopla of reinsurance and why it's such a good analogy
- The role of the broker in a world of digital networks and marketplaces
- How our personal experience as consumers must impact how we view technology in our professional lives
- What can we learn from consumer tech and take into the commercial market
- The importance of clearly defining the problem you are trying to solve
- Codifying the uncodified - the culture of insurance and how it can be intrinsically anti-tech
- Is there an optimum moment in your career to launch a start-up? Know enough to do it, not so much to be fearful
- Tech roles in incumbents - Maintenence vs innovation
- Raising money for a nuanced business
- The importance of angel investors
- Sticking with your solution in the face of investor feedback - when to update the deck
- The responsibility of taking investment
- Sacrifice for success - do you owe it to your investors and staff?
Thanks to Jerad and Ben for their time.
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06/07/21 • 59 min
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