Happy Monday everyone - coming off the back of a week of insurtech madness last week in Vegas we have a great podcast episode to share to continue the insurtech innovation conversation. This week I was joined by ARMD Limited's CEO Devin Chawda.
ARMD is reinventing the way tradespeople protect their livelihoods. Addressing an underserved ยฃ6.5B UK market opportunity, ARMD offers a unique combination of IoT technology with embedded insurance, designed to increase sales, reduce risk and minimise downtime.
We cover a lot of ground in this conversation, here are some of the highlights...
๐ ARMD's famous raise on Seedrs; we all saw the great press, but has it been successful? What are your key learnings for this experience? Did it cause any complications?
๐ All things Lloydโs lab โ you went through the process โ what are your key takeaways โ what would you say to people considering being part of the lab? How would you advise they make best use of the experience?
๐ How long into the evolution of the business was Insurance seen as a key part of the offering?
๐ You have numerous distribution opportunities โ how many evolved out of the deepening understanding of the insurance industry?
๐ Explain how new capacity has allowed you to wholesale you product what is the thinking here?
๐ How do you define embedded insurance? Do we even need to mention โinsuranceโ ?
๐ What's next for ARMD?
ARMD have been on our podcast guest bucket list for a while now, so Devin, thanks for joining me and making this episode happen!
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