Episode description
In the latest episode of the leadership in Insurance Podcast, we were lucky to be joined by Antonin de Benoist
Antonin is the COO and Co-Founder of Allphins a SaaS analytics and exposure management tool for the insurance industry
In this episode we talked about:
- Antonin's entry into the insurance world from the world of finance
- How do Co-founders decide who takes what role? COO or CEO?
- Station F Paris incubator campus set up
- How important start-up "campus" ecosystems are for new businesses for visibility
- Bootstrapping vs external capital raising - why do it?
- Benefits of running lean How working on Oil and Gas projects gave visibility of how insurers were underutilizing their data
- The importance of Insurance companies knowing what they don't know Impact of theLloyd's lab - the importance of being able to ask the stupid question
- Culture of insurance and how positive it is towards a new start-up
- The importance of natural language processing to enabling AI in insurance
- How AI isn't replacing underwriting its enabling better decisions
- The Lloyd's lab experience and how it isn't your typical incubator - it's much more practical
- What was surprising about Lloyd's as a market to someone who was from outside the market
- The sales cycle challenge for start-ups: long, slow does not help with cash flow
- What they learned in the energy sector and how it might apply to other insurance lines
- Impact of awards on the visibility to investment capital
- The drain on resources of a small when trying to raise investment
- Impact of the pandemic on Allphins growth and development
- The technological debt built by the pandemic and the opportunity for Instech businesses
Thank you so much to Antonin for being a great guest and spending time with me in a very busy year.
Congratulations to Allphins on their success to date and we look forward to seeing what they achieve in 2021.
This podcast was brought to you by FinPro an executive recruitment business that works in the Insurance and Instech space
Our host is FinPro Director, Alex Bond
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