Risk Management: Brick by Brick

Embracing Technology in Insurance with Tim Hardcastle, CEO and Co-Founder of Instanda

Dec 13, 2023

In this episode, Jason Reichl chats with Tim Hardcastle, CEO and Co-Founder of Instanda. They discuss the insurtech revolution, the future of brokerages, and the importance of successful customers. They also explore technology's impact on insurance coverage in construction and the significance of executive sponsorship. Furthermore, they delve into building a meritocracy, utilizing AI for talent acquisition, and developing a no code technology platform for the insurance industry.

34:41

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Episode guests

Tim Hardcastle

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Episode notes

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Quick takeaways

The insurance industry is embracing technology and collaboration to deliver better insurance products in the digital era.

Brokers can add value to customers by embracing technology and providing personalized insurance solutions.

Deep dives

The Importance of ITC as an Industry Event

ITC is the largest event in the insurance industry, bringing together insurance companies, software companies, and media. It provides a platform for networking, showcasing products, and gaining insights into the latest industry trends and innovations. Companies measure the success of ITC by tracking metrics such as contact points, conversations with clients, leads generated, and partnerships formed. The event offers both quantitative and qualitative opportunities for businesses to connect with prospects and clients, promoting growth and visibility.

Introduction

5min

The Shift in the Insurance Industry: Technology and InsureTech

14min

Enhancing Insurance Coverage and Risk Management in Construction with Technology

3min

Successful customers and the importance of executive sponsorship

10min

Building a Meritocracy and Embracing AI for Talent Acquisition

4min

In the latest episode of Risk Management: Brick by Brick, Jason Reichl takes a trip to InsureTech Connect 2023 to chat with some of the best in the Risk Management world. This time, he chats with Tim Hardcastle, CEO and Co-Founder of Instanda, a SaaS company delivering unprecedented flexibility to designing, distributing, and managing any type of insurance product on a global basis.

Jason and Tim dig into the insurtech revolution and how that has changed the insurance industry for the better, the future and outright importance of brokerages, and what makes a successful customer.

To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.

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Risk Management: Brick by Brick is handcrafted by our friends over at: fame.so

Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation.

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Risk Management: Brick by Brick

Embracing Technology in Insurance with Tim Hardcastle, CEO and Co-Founder of Instanda

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Importance of ITC as an Industry Event

Partnerships and Innovation in Insurance

The Impact of Technology on the Insurance Industry

The Future Role of Brokers in the Insurance Landscape

Remember Everything You Learn from Podcasts