In this podcast episode, Reid talks with a returning guest – Luke Magnan, co-founder and CIO of Combined Ratio Solutions.   Luke believes that core insurance software should be accessible and affordable, much like the dependable Honda Civic. Tune in to hear Luke’s vision: to empower insurance companies by simplifying their operations without breaking the bank (and more).Episode Highlights<ul><li>Catching up on Combined Ratio’s mission (00:50) </li><li>Carriers running IT as an engineering shop (11:42) </li><li>How to become the industry standard (12:39) </li><li>Aspiring to be the Honda Civic of Policy Systems (19:34) </li><li>The relationship between the insurance industry and tech experts (26:12) </li><li>The next big move in the industry (28:56) </li><li>The role of Salesforce in insurance (34:00) </li><li>Practical solutions over cool tools (39:36) </li><li>A concept for large companies to consider (43:49) </li><li>How keeping exits out of the conversation opens up opportunities (47:25) </li><li>Disadvantages of private equity and venture capital (53:51) </li><li>Thoughts on AI (58:41) </li></ul>

<description>&lt;p&gt; &lt;/p&gt;&lt;p&gt;In this podcast episode, Reid talks with a returning guest – Luke Magnan, co-founder and CIO of Combined Ratio Solutions.&lt;/p&gt;&lt;p&gt; &lt;br/&gt; Luke believes that core insurance software should be accessible and affordable, much like the dependable Honda Civic. Tune in to hear Luke’s vision: to empower insurance companies by simplifying their operations without breaking the bank (and more).&lt;/p&gt;&lt;p&gt;&lt;b&gt;Episode Highlights&lt;/b&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;Catching up on Combined Ratio’s mission (00:50) &lt;/li&gt;&lt;li&gt;Carriers running IT as an engineering shop (11:42) &lt;/li&gt;&lt;li&gt;How to become the industry standard (12:39) &lt;/li&gt;&lt;li&gt;Aspiring to be the Honda Civic of Policy Systems (19:34) &lt;/li&gt;&lt;li&gt;The relationship between the insurance industry and tech experts (26:12) &lt;/li&gt;&lt;li&gt;The next big move in the industry (28:56) &lt;/li&gt;&lt;li&gt;The role of Salesforce in insurance (34:00) &lt;/li&gt;&lt;li&gt;Practical solutions over cool tools (39:36) &lt;/li&gt;&lt;li&gt;A concept for large companies to consider (43:49) &lt;/li&gt;&lt;li&gt;How keeping exits out of the conversation opens up opportunities (47:25) &lt;/li&gt;&lt;li&gt;Disadvantages of private equity and venture capital (53:51) &lt;/li&gt;&lt;li&gt;Thoughts on AI (58:41) &lt;/li&gt;&lt;/ul&gt;</description>

  In this podcast episode, Reid talks with a returning guest – Luke Magnan, co-founder and CIO of Combined Ratio Solutions.    Luke believes that core insurance software should be accessible and affordable, much like the dependable Honda Civic. Tune in to hear Luke’s vision: to empower insurance companies by simplifying their operations without breaking the bank (and more). Episode Highlights Catching up on Combined Ratio’s mission (00:50) Carriers running IT as an enginee...

The Insurance Technology Podcast

The Honda Civic of the Insurance World

The Honda Civic of the Insurance World

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