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Incentive and product alignment: An interview with Alex Cardona, CEO and co-Founder, Recorder
Manage episode 435009398 series 2824326
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How do we genuinely overcome the challenges of ‘moving data around’ in insurance?
Second time round entrepreneur Alex Cordona, CEO and co-Founder at Recorder and I discuss enabling better risk and information sharing on this week’s The Leadership in Insurance Podcast🎧, as well as some great nuggets of advice for early stage entrepreneurs.
🤔BUILD OR BUY - we discuss how the culture of technology silos is still very prevalent across insurance with a focus still on building in-house – is this holding back insurers and brokers from focusing on where they can make the most value - enabling effective underwriting?
>>We discuss how Recorder has taken on the data gap by enabling brokers to adopt 🖥️ modern technology to improve data ingestion.
↗️Culture shock - moving from FinTech to Insurtech has lead to some moments of uncertainty but Recorder is navigating that by:
➡ Not assuming what they don’t know
➡ Making sure you have a good ‘insurance’ guide…. like an excellent Head of Insurance (FinPro can definitely help you with that 😉)
Looking to understand your future funding model? 👇listen in for us discussing the challenge of ‘incentive alignment’ when it comes to funding and decision making.
❓Deciding on your first hires - Alex has some excellent honest advice on how to build a business.. you’ll have to listen into the podcast to find out more.
Also, watch out for several moments where Alex starts 🎙️interviewing me…..
Give this one a listen via the links in the comment below 👇 👇 👇
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