The InsurTech Guidance Podcast
Unfortunately, it’s common to feel like you’re missing something in an opportunity with a client or investor. You’ve likely wondered if there was some insight that could give you confidence and credibility instead. We know you want to become an InsurTech leader, and it’s a competitive market and complicated industry to break into. Host Rich Ward gets it. It is overwhelming to launch a startup selling into the insurance industry that’s so traditionally conservative and risk-averse. For the past 30 years, Rich has helped startups and Fortune 500 companies overcome the cycle of lost opportunities and gain confidence and distinction in the marketplace. Rich’s decades in insurance, running every major function of a company, and launching emerging products and services for carriers globally has equipped him with a knowledge of what matters to insurers everywhere. His leadership in Digital Transformation for companies like Cisco, among others, created converted opportunities for sales and investor relations alike. Let Rich and the team at 5 Wards show you how to effectively communicate the distinct value and monetize your offering in a way that you become a critical partner for insurers as well.
Welcome to the InsurTech Guidance Podcast with Rich Ward
March 29, 2022 • 7 MIN
My name is Rich Ward, and I hope people listening will take some confidence and a little knowledge with them. The insurance industry is a broad industry. There are different segments of it. There are different distribution channels and different players, and different layers inside the industry. And then there's technology in the Insurtech landscape. There are countless venture capitalists who play in that area. So it's a very broad, very deep industry and for companies with a technology idea, capability or solution who believes there's applicability to the things that we do in the insurance industry, navigating that from an outside perspective can be a really daunting task. So without having a guide, to help navigate some of those waters that you're going to have to get through, and some of those landmines that you may hit otherwise, and finding some efficiency and understanding about how the industry works, that's really the role that I'm hopeful to play here. Often, we get one chance to gain the traction we need, and I want to help you get it right…the first time. And so anybody listening, I hope that's what they take away. That the listeners know there is somebody out there, and a way to get the knowledge that will help them take an idea they think has applicability in the insurance industry, but they are not quite sure how or where to start. I can help them, this podcast is a resource, for anybody who's in the InsurTech industry or wanting to get into the industry.