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InsTech - insurance & innovation with Matthew Grant

Jerad Leigh: Co-founder & CEO, Supercede: The founder‘s journey: surviving and thriving as a start-up (151)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.850 Ratings

🗓️ 15 August 2021

⏱️ 43 minutes

🧾️ Download transcript

Summary

There has been no shortage of founders looking to transform insurance over the last five years, but turning innovative insurtech ideas into successful businesses is an incredibly tough challenge. Jerad Leigh is the co-founder of Supercede, one of many companies we’ve worked with at InsTech London that have made the leap from 'early stage' to ‘established'. He joins Matthew on Podcast 151 to share his experience of that journey and some great advice on how to build a business. Talking points include: How to test your idea before you quit your job  Whether to build or buy your technology  Where to look for seed funding Juggling day-to-day operations with fundraising Selling versus research? Tactics for getting your first clients The power of communities If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn. Sign up to the InsTech London newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. The Learning Objectives for this podcast are: Discern some of the important elements of founding a company Understand how to get funding in an early-stage company Realise some of the ways to help a new company grow If your organisation is a member of InsTech London and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 151 page of the InsTech London website or email [email protected] to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Transcript

Click on a timestamp to play from that location

0:00.0

you cannot find development partners and you cannot outsource it.

0:04.9

Like this has to be an essential thing that you're doing.

0:08.6

And I think it's a really big mistake.

0:11.1

A lot of aspiring teams do.

0:29.2

Well, just because this holiday season doesn't mean we're going to be depriving you of your weekly episode.

0:34.3

Matthew Grant here, partner at Insteck London. Welcome back. Or if you've only just found us,

0:42.5

delighted to meet you. But whoever you are and wherever you are, we've got another great guest for you today. Now, our roots at Instec began five years ago in a bar in London hearing from a bunch of people in the early stages of building businesses

0:47.1

that are going to change insurance. The term insuretech wasn't even yet common currency.

0:52.6

Now, some of those fans have gone on to create what are

0:54.8

becoming very successful businesses, and we too have grown. We've got 10 people now with us

0:59.4

running a full-time business at Instate London, and we are working with insurers and technology

1:03.9

companies around the world, still looking for founders, but many that have been around for decades.

1:08.6

And we're keeping an eye out for those early stage companies

1:10.8

and founders to have up on stage or join our events and podcasts. More of that coming shortly.

1:16.3

This week, I am joined by Gerard Lee. Jared and Ben Rose founded Supercede a few years ago.

1:21.8

And as usual, we talk a bit about the business, but the main focus this week is to hear

1:25.8

Jared's advice to founders and those of you running

1:28.2

early stage businesses. Now Jared shares a lot I can relate to too from seeing others build their

1:33.4

businesses but also what Robert and I have been experiencing as we have built out in Steck London.

1:38.4

Definitely low earthenistant whether you are launching your own business or are working in insurer

1:42.6

and want to understand more about how you

1:44.6

can help your technology partners be successful. As usual, no need to take notes, though. We've written

...

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