Insurtech that is friendly to the agency. And, it’s one you should know about.
Phil Edmundson is a master of the commercial insurance field. He co-founded the brokerage firm William Gallagher Associates before selling it to Arthur J Gallagher, and has been an active leader in The Worldwide Broker Network, as well as The Council of Insurance Agents & Brokers.
Then, he scanned the future of commercial insurance… and decided to be part of it. How? By founding Corvus, an insurtech firm that works with and supports commercial brokers.
That should be a breath of fresh air for agents & brokers. As billions flood the insurtech ‘revolution,’ most of it, so far, doesn’t ‘play nice’ with brokers. Phil’s company does, and they’ve successfully secured $4 million in Bain Capital Ventures funding – so, expect to see this company become a serious player in the industry.
Here is a glimpse of the discussion:
- What commercial brokers must pay attention to in today’s marketplace.
- Changes in what commercial consumers want and how their behavior has changed – and how commercial brokers should adapt.
- How emerging insurtechs are supporting – not fighting – the independent agency channel (and, how Corvus can give brokers an ‘unfair advantage’).
A note from Michael Jans: A great many of my guests are friends that I’ve worked with somehow over the last 25 years. Phil is a new friend. Smart. Articulate. And, very, very knowledgeable about what matters in commercial insurance. I plan to keep my conversation with Phil ongoing. I suggest you get to know him through this conversation.
What are other agents & brokers doing to thrive? What are the biggest trends affecting the retail insurance agent & broker? What are the most important strategies and tactics you need to grow faster? Find out here in the Connected Insurance Podcast, where Michael Jans discusses the biggest issues affecting the independent insurance agent and broker with the industries leading figures.
One More Thing! What do you think? How will you and your peers use this to grow your agency or brokerage? Share your thoughts in the comment section below, subscribe to get updates delivered to you and *please share this if you found it informative.