Yesterday's We Are InsurTech Women event was a triumph! We were very proud to support our Chief Delivery Officer Natasha Bond as she took to the stage alongside Jen Tan, Bijal Patel, Emma Kelly, Anita Woods and Rebekah Bostan, to discuss a new future of underwriting. It was clear from the session that technology is transforming insurance, from full algorithmic underwriting, to smart follow and augmented solutions, but the key to this transformation is data. Natasha explained that the ability to derive meaning from vast amounts of data is an insurers' "secret weapon". Bijal explained how her company Aurora has harnessed this secret weapon. The digital MGA captures around 1,000 data points in its lead algorithmic platform for commercial SMEs, allowing the business to quote and bind in real time. The panel also shared some practical tips for new InsurTech businesses starting out on their journey, they included: ➡️You are strong with founders but stronger with an experienced team around you. Bring in function leads early to help you accelerate ➡️Have the confidence to say no. Dive deeper and excel in the things you are good at. ➡️Hiring the wrong people slows you down, and impacts your best people ➡️Include a value session as part of the interview process as a structured, two-way process to assess fit. You may find incredible, capable resources, but if they're not the right for your environment ultimately it won't work for anyone ➡️And finally... as Natasha reminded everyone... don't underestimate the ride! If you joined this event, let us know what resonated with you in the comments below! #WomenInInsurance #WomenInInsurTech #InsurTech #Data #Insurance
✨ What an Inspiring Morning at Lloyd’s Lab! ✨ A huge thank you to everyone who joined us yesterday for the We Are InsurTech Women event! It was an incredible morning filled with meaningful discussions about innovation in Underwriting, key trends shaping the industry, and the exciting growth ahead. We’re so grateful for the insights shared by our panel of brilliant speakers (Jen Tan, Bijal Patel, Natasha Bond, Emma Kelly, Anita Woods and Rebekah Bostan for moderating); the energy from everyone in attendance was fantastic!💫 Special thanks to Lloyd’s Lab and Chloe Kaye for hosting us in such a fantastic space and helping to make the event a success. This is just the beginning! FinPro. and We Are InsurTech Women have more exciting events coming up. If you’d like to be part of the conversation or join us at a future event, don’t hesitate to reach out. Let’s keep building this incredible community together. 💡 #WeAreInsurTechWomen #UnderwritingInnovation #InsuranceLeadership #NetworkingSuccess #FinPro #LloydsLab
