meta_pixel
Tapesearch Logo
Log in
Scouting for Growth

Megan Bingham-Walker: Why Embedded Goods-in-Transit Insurance

Scouting for Growth

Sabine VanderLinden

Business:entrepreneurship, Business, Entrepreneurship, Technology

4.8 • 35 Ratings

🗓️ 6 September 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

If insurance is an information business, why are claims still slow, manual, and frustrating? In this episode of Scouting for Growth, Sabine VanderLinden sits down with Megan Bingham-Walker, Co-founder and CEO of Anansi, to explore how data, automation, and smart design can radically transform one of the most overlooked corners of insurance: goods-in-transit. Megan’s journey is anything but linear. From working with government to spending five years in venture capital focused on CleanTech, she developed a sharp lens for systemic inefficiencies—and a clear ambition to build a company rooted in machine learning, data, and real-world problem solving. That ambition led to Anansi. The problem Anansi tackles is painfully familiar to anyone in retail or e-commerce: items go missing or arrive damaged, customers complain, loyalty evaporates—and insurers only hear about it far too late. In many cases, retailers don’t even know there’s an issue until the customer reaches out. That lag is costly, operationally and reputationally. Anansi flips this model on its head. By ingesting transactional and shipping data in real time, Anansi automates goods-in-transit insurance from end to end—embedding cover directly into retailer workflows and triggering claims parametrically when something goes wrong. No paperwork. No back-and-forth. No months-long delays. In fact, Anansi caps the entire lifecycle—shipment to claim resolution—at 60 days maximum. At the heart of the value proposition is something deceptively simple: removing admin. For retailers, admin is the silent killer of margins and customer experience. For customers, a lost or damaged parcel is often the number-one reason they never buy again. By automating claims and payouts, Anansi helps retailers intervene earlier, respond faster, and protect trust at the exact moment it matters most. Megan also shares why insurance remains such an exciting space to innovate. Despite its scale, many areas—especially claims—are still ripe for reinvention through better data, smarter triggers, and cleaner processes. Goods-in-transit, a $33bn market, is one of them. The name Anansi, inspired by a West African folklore spider known as the keeper of knowledge, is no accident. This is a company built around information—how it’s captured, interpreted, and acted upon to create fairer, faster outcomes. For founders, this episode is a masterclass in: Identifying pain points hiding in “boring” workflows Using data to compress time, cost, and friction Building embedded insurance products customers barely notice—because they just work For insurers and corporate leaders, it’s a compelling case for why claims innovation is growth innovation. 🎧 If you care about customer experience, operational efficiency, and the future of embedded insurance, this episode is a must-listen. Because the fastest way to lose a customer is to make them chase a claim.

Transcript

Click on a timestamp to play from that location

0:00.0

The Hi everyone. Welcome to Scouting for Growth. I'm thrilled to

0:20.9

introduce you today to my guests Megan Bingham Walker.

0:27.0

Megan is the co-founder and CEO of Nancy, a cutting-edge company on a mission to revolutionize the goods in transit insurance industry.

0:37.0

Anansi's platform provides tailored, embedded and low-admin insurance products for retailers, logistics providers and marketplaces.

0:49.0

By leveraging digital technologies like Open API and web app solutions,

0:54.6

and NC can automate and digitize manual processes offering faster, fairer,

1:01.4

and more flexible insurance solutions.

1:05.0

But Megan's achievements don't stop there.

1:08.0

She is an award-winning entrepreneur who has worn many hats throughout her career, including serving as the

1:16.4

principal of a leading clean tech venture fund and as principal private secretary to a UK Secretary of State.

1:27.0

As a black female founder, Megan is passionate about diversity and inclusion and actively champions it as the co-chair of the Diversity and

1:37.6

inclusion subcommittee of Insuretec UK. Megan's commitment to creating positive change also extends beyond the business world.

1:48.6

Indeed, she is an ambassador for pump aid, a charity with an ambitious mission to end water poverty in Malawi by 2030.

2:00.6

And in her spare time, she pursues her love for weightlifting, Formula One, dancing, hiking and skiing.

2:08.0

Today, we will dive into Megan's Johnny as an entrepreneur vision for the future goods in transit and

2:16.6

insurance and the unique approaches and strategies that has proper an ancency to success. So without further ado, let's get

2:27.6

started. Let's uncover the secrets behind Megan's success and explore how an NC

2:34.0

which shapes the insurance industry. Time again. Thank you very much joining me on scouting for growth.

2:48.8

Hi Sabine, thank you so much for inviting me onto this podcast. I'm excited. I'm so excited to speak with you too and to get

2:56.8

started Megan, can you tell us who you are, where you come from and what got you into insurance?

3:03.0

So I'm Megan, I'm the co-founder and CEO of Nancy,

3:07.0

so we are a digital broker for goods and transit insurance.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Sabine VanderLinden, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Sabine VanderLinden and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.