The Voices of Risk Management 7 Years of Bootstrapping an InsurTech Company with James Benham
James Benham is the co-founder and CEO of JBKnowledge and shares his journey from bootstrapping a tech empire from his college dorm to becoming a leader in the insurance technology space. With over two decades of experience, James has propelled JBKnowledge to the forefront of insurance software, serving some of the largest companies worldwide. In this episode, he discusses his hands-on approach to business, his passion for the insurance industry, and his thoughts on the future of automation and AI in insurance.
Key Takeaways:
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A little bit about James and his companies.
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James shares a little bit about his experience flying seaplanes.
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What is James’ vision with his companies?
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How did James bootstrap his companies and take in no investor money?
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Why is James so passionate about insurance?
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James shares how he thinks about AI and the future of automation in the insurance industry.
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James is happy that he can focus on the customers and his teammates and he doesn’t have to worry about third-party investors.
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If you look at the large players with investor funding, a large percentage is focused on investor relations and that’s a big distraction and takes away from the focus of the customer.
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How do you best identify a market problem that is both solvable and profitable?
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James speculates on what might be the next “big idea” in risk & insurance.
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Certificates of insurance are still a big pain. Is there any way we can simplify it?
Mentioned in This Episode: