On this episode of Scouting For Growth, Sabine VdL sits down with Stephen Brittain, Co-Founder of InsurTech Gateway — the world’s first authorised venture builder and fund dedicated to insurtech — to explore what it really takes to build startups inside one of the most regulated, risk-averse industries on the planet. And yes… that industry is still insurance. (The land where “move fast and break things” gets politely escorted out by compliance.) Stephen has spent the last decade doing something most people talk about but few actually pull off: bringing early-stage innovation into the heart of large insurers — without killing the startup spirit in the process. He’s been a catalyst for corporate innovation leaders and a strategic guide for founders trying to navigate the labyrinth of regulation, procurement, and distribution at scale. From product design to mastering risk Stephen’s journey starts in product and service design, where he saw risk as the ultimate constraint. But instead of avoiding it, he leaned in. His curiosity became a turning point: what if understanding risk wasn’t a blocker… but the unlock for doing bigger and bolder work? That insight is what led him into insurance — not because it was “sexy,” but because it holds powerful, often underestimated capabilities: creating trust, enabling lending, and building mutual models that scale across ecosystems. The real job of a venture builder: keep the idea alive long enough to evolve InsurTech Gateway was born with a mission: find exceptional founders and help fast-track them into market with enough momentum (and resilience) to survive an environment where early ideas are too often treated as fixed commitments. But Stephen makes a critical point for every founder and innovation leader: no one gets it right on day one. Innovation is a learning journey, and the ventures that win are the ones that have the room—and the support—to adapt as reality hits. One of the biggest challenges in insurtech isn’t starting strong. It’s ensuring something that looked brilliant at launch actually evolves into the opportunity it promised. The missing link: connectivity between insurers and venture capital Stephen shares a blunt truth: the entrepreneurial excitement gets everyone moving, but on hard days, the question becomes sustainability. Because innovation doesn’t scale on enthusiasm alone — it scales when incentives align, capital supports the long game, and distribution becomes real. And historically, that alignment has been rare. Stephen highlights a structural disconnect: VCs and insurers haven’t traditionally sat at the same table, even though the future demands they build together. The good news? Pattern recognition has never been higher, and the cost of experimentation has never been lower. We can spot what works faster than ever before. The challenge is still the same: can you validate it with an insurer and get them truly onside? That’s where venture builders like InsurTech Gateway play a pivotal role — acting as the bridge between speed and scrutiny, ambition and regulation, creativity and sustainability. Why this matters for leaders right now For Fortune 500 executives, this episode is a reminder that innovation doesn’t fail because people lack ideas — it fails because they don’t understand risk well enough to scale them responsibly. For founders, it’s a roadmap for navigating the insurance operating system: if you can work with innovators, understand risk, and unlock sustainable adoption, you don’t just build a startup… You build something that lasts. Because the future of insurance won’t be shaped by the loudest demo. It will be shaped by the ventures that can earn trust, survive regulation, and scale in the real world.