Bob Frady, co-founder and CEO of HazardHub.
Tell us about HazardHub
We provide a comprehensive set of hazard risk and property data for every address in the United States.
What motivates you to get up every day and go to work?
It's really fun to build something from nothing, then work to make it happen. I know we're a breath of fresh air to the industry and can't wait to tell people about what we're doing.
What are some of the challenges of your job?
Inertia (on the part of the industry.) Distractions (on the part of our internal teams.)
How did you get into insurance?
I got assigned to working with a carrier in the late 80's. Which grew into running the Insurance practice.
I herd CATs.
What advice would you give to someone who is starting in insurance?
It's not fast-moving. Patience is key.
What would you like to see happening in the next year?
For the false narratives from existing suppliers to come crashing down.
You CAN be successful as an insuretech startup - you just have to be patient. Especially if you touch anything close to the underwriting/actuarial core of the business.