February 03, 2022

RHS 132 - The Power Brokers on the Future of Insurtech

1 hour 9 minutes

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This is a special multi-guest episode of The Ryan Hanley Show with a "Who's Who" lineup of technology power players including Steve Anderson, CEO of Catalyit, Peter MacDonald, Co-Founder & CEO of Wunderite, and Andrew Wynn, Co-Founder & CEO of Ascend.

We get after all things independent insurance agents and technology.

You don't want to miss this episode...

Episode Highlights:

Peter explains how they came up with the idea of talking about the future of insurance technology. (7:44)

Steve explains the Catalyit concept and what they do. (9:33)

Andrew introduces himself and what Ascend does. (12:10)

Peter shares his background and Wunderite’s concept. (14:17)

Steve discusses how technology is becoming more accessible to the general public. (17:53)

Peter believes that insurance agents have always had a perspective on customer service and that it has always been a high concern for agencies. (24:46)

Andrew discusses his thought process for launching his own company. (29:07)

Peter mentions that their company's health insurance was recently changed this year and how technology was integrated into the sales demonstration. (36:38)

According to Andrew, they wanted to create a solution that was more than just premium finance and gave a much better customer experience. (45:07)

Peter explains how he came up with the idea for Wunderite. (47:36)

Peter talks about the need for an ecosystem to support the tools that we want as agents. (1:02:00)

Key Quotes:

“It's not about technology, it's about meeting the customer where they want to be.” - Steve Anderson

“The future of InsurTech is really about empowering independent agents.” - Peter MacDonald

“We wanted to build a product that delivers that better customer experience, while staying competitive on the rate.” - Andrew Wynn

Resources Mentioned:

Steve Anderson LinkedIn

Peter MacDonald

Andrew Wynn

Catalyit

Wunderite

Ascend.

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By Ryan Hanley