Unlocking the secrets of insurance data - tune in to this week's episode of Benekiva Connects Podcast, where host Ashley Oxholm explores with Ryan Deeds from Ennabl what you need to know about utilizing agency data for success.

Data is a powerful tool for insurance agencies when it comes to finding and recruiting quality workers, who have high expectations of their work environment. Data strategies can help drive employee engagement and provide more transparency around policies such as screen time expectations for children/youths. 

Ryan points out that while technology investments and solutions such as Ennabl are important, it will take more than that to ensure success. He suggests that insurance agencies develop an innovation roadmap with buy-in from the employees, determine success metrics after 6 months, and communicate those expectations prior to implementation - all of which make change management during the process easier. 

Data strategies don't just stop there though; Ryan also notes the importance of creating synergy between carriers and insurance agencies in order to create an effective data strategy that works for everyone.

• We get to know a little about Ryan’s interesting background and a short story on how he got into the insurance space. 
• Ryan shared his thoughts about the major pain points of the insurance industry today.
• He also emphasizes the importance of mid-market agencies remaining independent, as they are driving forward real innovation.
• Then, he suggests that agencies should focus on client experience and be able to articulate their value proposition in order to remain competitive.
• Lastly, Ryan recommends taking one or two initiatives a year and buckling down on them instead of getting sidetracked.

AND MORE TOPICS COVERED IN THE FULL INTERVIEW!!! You can check that out and subscribe at [www.LinkToFullInterview.com/url].

If you want to know more about Ryan Deeds, you may reach out to him at:

• Website: https://www.ennabl.com/ 
• LinkedIn: https://www.linkedin.com/in/ryancdeeds/

In the Benekiva Connects podcast, Ashley Oxholm interviews Bryan Falchuk and Brent Williams. Bryan Falchuk is a noted speaker best selling author of the book, The Future of Insurance: From Disruption to Evolution, executive coach, TEDx presenter and public speaker with articles written for Inc. Magazine, The LA Times, Chicago Tribune and more. Brent Williams is an experienced entrepreneur and investor who has co-founded several successful companies, including ApplePie Capital and Remitly.

Together these two discuss their individual journeys to success along with their thoughts on the importance of resilience, personal growth and taking calculated risks. Listeners can expect to walk away from this episode with actionable insights into how to create a culture within their organizations that encourages development, innovation and risk-taking.

In this episode of the Benekiva Connects Podcast, we speak to Nick Lamparelli - a renowned expert in the insurance and risk management space. We'll be discovering how savvy business owners can safeguard their operations from possible losses while keeping up with emerging trends such as technology-driven solutions!

Nick Lamparelli recently discussed how InsureTech has changed the risk management landscape and has become an invaluable tool in modern business. He discussed how aerial imagery, which scans down roofs tile by tile, has been digitized and greatly reduces the need for manual inspections. 

Additionally, companies like Drone Ader, Benekiva, and Green Shield Risk Solutions have all introduced innovative ways of integrating risk management solutions into their respective platforms. Drone Ader helps connect insurance companies with professional drone pilots, while Benekiva bridges the gap between claims analysis and aerial imagery data. 

Finally, Green Shield Risk Solutions combines all aspects of risk management into one single platform which has allowed property owners to get a better deal from brokers and capacity providers. Needless to say, these are just a few examples of how InsureTech has made significant advancements in the world of risk management.

• We shared where Nick and I lined up in the insurance world, and how we developed that relationship.
• Nick also discussed the things they are doing to help solve some of the big problems the industry is facing today.
• Lastly, we shared what we think it is going to be like in the insurance industry in the next three to five years, and gave some advice for carriers.

AND MORE TOPICS COVERED IN THE FULL INTERVIEW!!! You can check that out and subscribe at https://pbp.li/tbcp03.

If you want to know more about Nick Lamparelli, you may reach out to him at:

• Website: https://greenshieldrisk.com/ 
• LinkedIn: https://www.linkedin.com/in/nicklamparelli/

This week on the Benekiva Connects podcast, we chat with Nick Gerhart – executive vice president of Homesteaders Life and former insurance commissioner for Iowa. Join us to hear his insights into how he balances regulation and industry innovation!

For carriers in the insurance industry, it's essential to get the basics right before diving into digital transformation projects. That's why Nick suggests making sure data management and governance are in place first! Without this foundational piece, your claims and servicing platform will fall through––resulting in time and money wasted on ideas that don't pan out correctly.

When you have a reliable foundation laid out for your organization, you can move forward with more complex projects such as customer experience improvement or acquisition strategies. Carriers need to understand that having a strong framework is paramount if they want to produce successful results from their initiatives.

By ensuring there's a robust infrastructure and good governance practices in place before beginning digital transformation projects, carriers can enjoy much smoother journeys and better chances of success! Knowing your data is managed well and securely from the beginning will set you up for a robust digital transformation that's sure to pay off.

Nick emphasizes it has never been more important for carriers in the insurance industry to get the foundations right before starting work on their digital transformation projects. Get your data management and governance in order, and you'll be able to move forward confidently with other initiatives!

• Nick explained why carriers should focus on their core business rather than trying to build out an entire platform.
• We delved into the difficulties InsureTech is grappling with at this time, uncovering a complex landscape of potential solutions.
• We also discussed the importance of aligning innovation with a core strategy in order to achieve success.
• Then, we emphasized the need for foundational work before attempting any “cool stuff”, as well as being willing to try new things, fail and learn from them.
• Finally, we advised carriers that, regardless of transformation efforts going on within their organization, claims servicing and new business should remain best-of-breed operations.

AND MORE TOPICS COVERED IN THE FULL INTERVIEW!!! You can check that out and subscribe at [www.LinkToFullInterview.com/url].

If you want to know more about Nick Gerhart, you may reach out to him at:

• Website: https://www.homesteaderslife.com/ 
• LinkedIn: https://www.linkedin.com/in/ncgerhart/

The technology and insurance industries are both constantly evolving. In this episode of Benekiva Connects Podcast, Tim Dineen offers insights you need to know about these two industries in order to stay ahead of the curve.

Tim Dineen, CEO of Management Research Services (MRS) is utilizing the power of technology to drive their business forward. With a history stretching back many years, they have recently made huge strides in transitioning from solely providing services towards becoming more tech-oriented over the last four years - enabling them to remain at the cutting edge within their industry and provide innovative solutions for new underwriting endeavors.

Welcome to the Benekiva Connects Podcast! We are excited to start up-leveling the insurance industry with the work we will be doing here. This episode kickstarts our mission with Benekiva Connects which is to bring awareness to industry wide issues, inspire collaboration amongst insurance professionals, and generally raise the tide of the insurance industry. Tune in every Tuesday for informative talks about topics ranging from underwriting to building tech solutions and so much more!