Innovation, Lessons, Overview, Trends
Gilad Shai
Bryan Falchuk - The Future of Insurance
Entrepreneurship, Innovation, Insights, Startup
Gilad Shai
Nick Lamparelli - InsurTech Talk

Nick Lamparelli joined Gilad and the InsurTechLA community for an unscripted InsurTechTalk. In this broadcasted event, Nick was in the interviewee's seat. We had the opportunity to learn about Nick’s day job and dive into flood insurance and how to build insurance programs.

Nick Lamparelli - InsurTech Talk
Alex Devoto
Scream

The 1996 movie ‘Scream’ taught us one thing: Don’t answer the phone! And much like the characters of that movie, so to insurers should heed this advice when engaging with Millennials.

Scream
Entrepreneurship, Startup
Gilad Shai
Startup Life

A startup has a life but the people who breathe life into it…, well, they usually don't.

People like the idea of a startup. It is romantic. The excitement diminishes when they find out the extent of their responsibility and compensation. Basically, most people really want to work for Google. Google is a multibillion-dollar behemoth that has all the risk management tools and processes to support it. And yes! They still have all the perks and cool parties at the end of Google I/O.

Innovation, Overview, Startup, Trends
Gilad Shai
Innovation as a step function

Step Up

The entrance of startups to the insurance industry, nearly four years ago (2015), introduced a change, innovation, that made all the components, whether they are linear or passive, to react. The new teen spirit that the startup introduced acted as a step function that increased the value of the industry. The input may be a nice and clean function. It has a ripple effect that affects the entire pond until is converges on the new and higher level.

Innovation as a step function

2017

2017

In 2017 InsurTech Los Angeles community grow from 1 to 151 members in Meetup (https://www.meetup.com/InsurTech-Los-Angeles-Meetup/) and over 100 subscribers to insurTech.me.

It has been a year of growth and experiments. We experimented with the events' format and thanks to the feedback we adjusted the format to the community's taste.

First, I would like to thank all the wonderful speakers that made the effort, allocated their valuable time and traveled to Santa Monica to share their wisdom and experience. 

InsurTech Los Angeles first meetup

Thank you Daniel Schrier and Adam Gabrault for providing an industry overview and expending on Customer Experience and the technology solutions that can reduce the frictions and improve the customer's satisfaction. My favorite was Sara the virtual insurance agent. 

March event - founder talk

Thank you Max Drucker, CEO, and co-founder of Carpe Data, for holding the floor for almost two hours. Max with his endless energy held the audience captive and engaged. If you are an entrepreneur and you wish to enter the insurance industry - go and talk to Max. 

May event - Investors Talk.

Thank you Colleen Poynton, VP at Core Innovation Capital and Christine Carrillo, CEO of JOANY (formerly Impact Health) for discussing InsurTech startups and venture capital in front of the Los Angeles InsurTech community and answering their questions. People enjoyed the small panel/talk between Colleen the VC and Christine, who at the time closed a $13M series A.

July event - "InsurTech and Blockchain".

 Thank you Andreas Freund PhD for making the trip from San Diego to be July's speaker and for keeping your peace when people asked you about Bitcoin...

September event - The future of the agency

Thank you Jason Cass for joining forces with me and interviewing Jeremy Hallett. Jeremy has over twenty years of experience as a Life insurance agent and your help and energy were spot on. Jeremy, thank you for flying in from Minnesota and keeping your zen on FB Live.

November event - Geospatial Insights

Thank you Tommy Ashman sharing your founder's story and the development of your product.