If you combine that with the UK being a highly competitive market, and I would say also

when it comes to insurance fraud, definitely one of the leading countries out there.

So yeah, it became kind of our members are outside of the UK these days.

And if you're a new listener, well, thank you very much for checking us out. Matthew Grant here,

partner at Insted London. Now, the use of technology for identifying fraud in underwriting and

claims is one area where insurers can make direct benefits by reducing costs. Yet overall technology related to claims

only gets around 8% of the investment funding. Now, that's probably not something that concerns

Euro-Morenhoff too much. He bootstrapped his company for years before raising funding three years ago,

and now there are almost 200 installations of the Frist software around

the world. The company is headquartered in the Netherlands and is now returning to the UK

after a full start earlier in the company's history. This is another great founder's story

with a lot to learn about what it takes to build a company, stay innovative and stay relevant.

It's a great pleasure to talk to you today. Unfortunately, for this reason, we're only on audio because I would love to show in the video

of you wearing your orange Netherlands shirt today,

but people just imagine you sitting there on this sunny day talking to me wearing orange.

And I'm very much looking forward to you about learning more about Frist, which you co-founded

14 years ago. I think today you've got more than over 150 people working for you.

And when we last spoke, you had 182 implementations,

but I know that's moving all the time. So that may have actually increased. And your role is

really to help insurance companies manage fraud and compliance. And I think, interestingly,

both of those in the UK and those outside of the UK. You're operating in 42 countries,

but you've only recently looked at coming back into the UK and we're delighted to have you

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