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InsTech - insurance & innovation with Matthew Grant

Nick Mair: CEO & Founder of Atticus DQPro: Delivering Data Certainty (66)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.850 Ratings

🗓️ 2 February 2020

⏱️ 28 minutes

🧾️ Download transcript

Summary

Data is at the heart of many decisions in insurance - pricing, risk mitigation, claims and capital management. But data needs to be high quality - and that requires constant diligence.  CEO and founder of Atticus DQPro Nick Mair is Matthew’s guest on Episode 66. Nick talks about how he has successfully built a business, with no external funding, and which in only a few years has signed up a number of major insurance companies to help them manage and measure data quality. Their conversation covered: Awareness and adoption of data monitoring tools Building a business without external investment Make B2B sales to commercial insurers Learning how to define and build products Tips for aspiring founders Podcasts and book recommendations Pros and cons of accelerators and incubators Read (and share) the highlights from this episode on the Podcast section of the InsTech London website, along with all previous episodes.  If you are listening through a podcast platform and like what you heard, please leave us a review or comment.  Membership details and other enquiries: [email protected] InsTech London Podcast Host: Matthew Grant Produced by Simon Fyles: [email protected] Edited by Peter Roach: visualmonkeys.co.uk

Transcript

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0:00.0

It's important to say that there are data disasters, if you like, happening pretty much all the time.

0:07.0

There's at least several big ones a year.

0:09.0

Hello, Matthew Grant here and delighted to have you joining us for this week's episode of the INSEC, London podcast.

0:29.1

Now, we're hearing a lot about the importance of data and insurance for pricing, making risk decisions and managing losses.

0:37.5

But all that data is only any good if it's of decent quality

0:40.4

and it hasn't been compromised because it's incomplete or just wrong.

0:44.6

This week I'm talking to Nick Mayer, CEO and founder of DQPro.

0:49.8

Nick has built a successful business helping insurance companies manage

0:53.1

and measure their data quality.

0:55.6

He built a business from scratch with no external investment and after a couple of years it's

0:59.9

already working with a significant number of the insurers in London and in the US.

1:05.1

We talk about how Nick has built the business, how he learned to build products and his

1:08.7

tip for other aspiring founders.

1:27.0

Nick, good morning. Great to be catching up with you. You are the first guest on the Instat London podcast that we've had calling in from Portugal.

1:30.7

Hi, Matthew, yeah. We lived in South London for 15 years. I've got young family, three small kids.

1:37.5

And in July, we moved out here, and I spent my time between Lisbon and London.

1:44.1

And there's a strong tech scene out there, isn't there, in Lisbon?

1:47.5

It's blossoming, actually.

1:49.1

There's a number of huge companies have relocated here, both in Lisbon and in Porto.

1:54.5

Highly educated workforce.

1:56.2

Great people, English spoken widely, also really good from a time zone perspective.

2:00.7

It's the same time as the UK.

...

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