James Benham isn't trying to convince insurance entities to transform and modernize, he knows that's inevitable. His company JBK is there to help insurance organizations realize potential and minimize the pain along the way. In a rare business model, James and his team provide the services that allow for realization of solutions, not a one size fits all approach.

In this episode:

• Why so much waste happens by building the wrong product.
• How Excel as an underlying language and format needs to be replaced.
• Where insurance technology transformations stall and fail
• What pitfalls insurance entities are prone to experience, and why

James is not trying to upend the industry and reinvent it, a refreshing stance, more importantly he provides a path forward for companies that need to evolve and cannot afford more 'tech debt' or solutions that cannot fulfill needs.

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Jai Mansukhani didn't plan to develop AI systems for insurance however he saw an opportunity to bring expertise into an industry that needed more than another tech product. When he co-founded General Magic the name was Open Sesame but now with an incredible $7.2m seed round and a pivot in purpose and strategy Jai see's opportunity for growth and value to the insurance industruy.

In this episode:

• Learn about the challenges tech companies have when dealing with the insurance industry
• What are the most misunderstood aspect of AI and insurance
• Why some aspects of insurance still remain perplexing and frustrating
• How building partnerships slowly helps innovation
• An honest assessment of where & how insurance professionals can find value with AI

Jai shares his journey, lessons learned, and provides a candid look at how technology needs to be prepared to adapt for insurance and not the other way around.

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Steve Pieroway is no stranger to technology or insurance with a career spanning over 25 years across both fields. Now as the founder of Benevolent Marketing Steve has conducted an insuretech trust index survey and recently published the results. We caught up with Steve to help contextualize the results and dive deeper into insuretech consumer sentiment.

In this episode:

• What the data shows and how to interpret it
• Context to nuances in the questions and responses
• Why positive belief still reigns for most users of insuretech
• How insuretechs can improve their value proposition for better satisfaction
• Why understanding what ROI is needed before embarking on a purchase is important

Steve explains all this and so much more that is vital information for anyone who is looking to make an insuretech investment.

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