Tim Quayle, OneAdvent & Matt Jones, Cowbell: The plumbing and wiring for successful insurance businesses (257)

InsTech - insurance & innovation with Matthew Grant

Launching a new insurance business is hard, particularly for those with limited experience in the complexities of a regulated market. OneAdvent can help. Joining Matthew this week are Tim Quayle, COO at OneAdvent and Matt Jones, Chief Strategy Officer at Cowbell, a cyber insurance company entering the UK market. We cover some of the important areas when launching an MGA - and proved that talking about insurance can even be quite fun.

Topics covered include:

• Core problems in launching insurance businesses and why “plumbers” are needed to fix them
• What you need from a partner when entering a new market
• The barriers to entry for cyber insurance businesses
• How to stay flexible and why it is the key to success
• What gives successful MGAs the “edge” in growing their business

In addition to hearing about Cowbell Cyber’s experience, we talk about other OneAdvent partners including OTT Risk and ARMD.

You can contact this week's guests, Tim Quayle and Matt Jones, on Linkedin.

If you like what you are hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.

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Continuing Professional Development

InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, you can claim up to 0.5 hours towards your CPD scheme.

By the end of this podcast, you should be able to meet the following Learning Objectives:

• Identify the primary challenges involved in launching an insurance business
• Describe the factors to consider when entering a new market in the insurance industry
• Summarise some of the unique challenges and barriers to entry faced by cyber insurance businesses

If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 257 page of the InsTech website or email [e-mail] to let us know you have listened to this podcast.

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