The Future of Insurance

The Future of Insurance – Amy C. Waninger, CEO, Lead at Any Level


Listen Later

Amy C. Waninger is the Founder and CEO of Lead at Any Level. She works with organizations around the globe who want to build inclusive cultures and diverse leadership pipelines for a sustainable competitive advantage. She is the author of multiple books including "Network Beyond Bias: Making Diversity a Competitive Advantage for Your Career."

Amy earned her CPCU designation in 2016. She also holds associate designations from The Institutes in Management, Data and Analytics, Information Technology, Claims, and General Insurance, as well as the Certified Insurance Data Manager designation from IDMA.

Amy is a Certified Diversity Professional (CDP), Certified Diversity Executive (CDE), and Gallup-Certified Strengths Coach. She is also a Professional Member of National Speakers Association, a Certified Virtual Presenter, and a Prosci Certified Change Practitioner. Her other credentials include two degrees from Indiana University and a "World’s Best Mom" coffee mug.

Highlights from the Show

  • Amy is a Diversity, Equity and Inclusion trainer and consultant
  • As her career progressed and she get deeper into DEI content, she kept feeling stuck on the idea of what she could do personally to have an impact
  • This lead to her first book, Networking on Bias, which she published in 2018, which is all about how our own network is the best place for us to demonstrate our commitment to DEI
  • The time is right for this focus with the way the landscape is shifting from the way things look 100 years ago
  • The market also looks different, so when Amy talks to traditional players who haven't embraced DEI yet, she helps them to see how much more diverse the pool of consumers is, and how not serving them means your business isn't winning
  • If 80% of insurance agents are white males, but only 40% of businesses are owned by white males, you have 80% of the distribution going after 40% of the market, and 60% of the market is left unserved
  • Amy focuses her work on emerging and aspiring leaders since they're the future
  • Amy leaves a card behind when doing talks that asks that you think about who's in the room, who's not in the room and whose voice am I not listening to
  • Geography means less and less, if anything, especially as we all became more digital during lockdowns, so the effect of change is stronger now, including when we make changes on equity (and ESG more broadly)
  • I asked about Diversity of Thought, which Amy challenged
    • The term can be used in place of true diversity
  • Amy raised the Rocket Rule, hitting an issue like the famous dance troupe where all of the dancers had to be within a tight range of height
    • Does your company have an unspoken Rocket Rule? Do leaders come from similar backgrounds, have gone to a small set of schools, etc
    • The more diversity we have in leadership, the more profitable the company will be, as data proves (not just in line roles or more junior ranks)
  • When people come with different tools to do the job, we get the job done better and faster than if we all had the same backgrounds
  • When looking at our networks, Amy often asks how many people are from outside the same industry as you, and people are always surprised at how concentrated their networks are within a single industry
  • Great ideas come from chance encounters and serendipity
  • Amy encourages people to listen to different podcasts, follow different people, read books by others that are different from what you normally get exposed to, etc
  • Show up in spaces where those spaces aren't created for you so you hear totally new perspectives and get outside your comfort zone a bit
  • You can get more of Amy's insights at her company's website, leadatanylevel.com, including her online courses and access to her training, consulting and speaking services

This episode is brought to you by Medallia (Medallia.com), and the book series, "The Future of Insurance: From Disruption to Evolution" by Bryan Falchuk (future-of-insurance.com).

Follow the podcast at future-of-insurance.com/podcast for more details and other episodes.

Music courtesy of UPbeat Music, available to stream on Spotify, Apple Music, Amazon Music and Google Play. Just search for "UPbeat Music"

...more
View all episodesView all episodes
Download on the App Store

The Future of InsuranceBy Bryan Falchuk

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

7 ratings


More shows like The Future of Insurance

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,278 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,106 Listeners

Podcasts - Insurance Journal by Insurance Journal

Podcasts - Insurance Journal

23 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,060 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

522 Listeners

Founders by David Senra

Founders

1,948 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,236 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,285 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

341 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

163 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,945 Listeners

Last Week in AI by Skynet Today

Last Week in AI

298 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,256 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

351 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

467 Listeners