Richard Hartley: CEO & Co-Founder of Cytora: Underwriting analytics for commercial insurers (68)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 16 February 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As data becomes more widely available, underwriters may have more information to select and price the business they are taking on, but they don't have more time. This week Matthew Grant talks to Richard Hartley about how Cytora has grown since 2014, the challenges of being a founder and how the company helps insurers identify and focus on the accounts that are going to be more profitable. Topics include: Finding investors as a start-up and scale-up The challenges of building a team as the company evolves Cytora's clients Distributing through other platforms The role of accelerators and incubators For a written summary of this discussion - and more information about Instech London go to https://www.instech.london/podcasts 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

Click on a timestamp to play from that location

0:00.0	I think one of the real misalignments right now is the people trying to solve the problem in the insurance industry often don't get the deep market problems.
0:08.0	And the people in the deep market problems often aren't, you know, raising the capital to solve them. Thanks for downloading this latest episode of the INSTECH London podcast.
0:30.7	Whether you're a first-time listener or a regular fan, I think you're going to find
0:34.4	this one really interesting. Matthew Grant here, one of the partners of
0:37.9	Instac London. And in this episode, I'm talking to Richard Hartley, CEO and founder of Saitora.
0:44.7	Saitora are one of the most well-known insured tech scale-ups in London today. But when I first met
0:49.5	Richard, he and the three other co-founders were still figuring out how they should best use their skills.
0:55.2	And like a lot of people we speak to, they decided insurance had the most interesting opportunities.
1:00.5	In our discussion, Richard talks about what Saitora does, but he's also refreshingly honest about the personal challenges of building a business,
1:07.4	how to deal with co-founders that want to follow other parts and why turnover in staff
1:11.3	is just a natural part of all early growth companies. If you haven't yet discovered it,
1:16.2	all of our podcasts now come with an easy-to-read summary of our discussions available on the website.
1:21.3	So if you want to review our conversations, head over to the podcast section at www.com.com.
1:28.4	And a great way of sharing what you've heard with others.
1:31.4	Hang in there to the end to find out more about what we're up to at Insteak London in the next few months.
1:35.6	But for now, here's what I learned from Richard.
1:50.7	Well, Richard, it's a delight to have managed to grab some time with you to chat about Saito. We've known each other for a long time, but we've never actually had the chance to sit down
1:53.8	and go through some questions about how you started the company and what you're focusing
1:59.0	on today. But last time I saw you was in St. Lucas, you had about 200 people at your event.
2:04.6	It seemed to go very well.
2:05.6	How did you find it?
2:07.6	First of all, great to be here.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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