Highlights from the Show

• Andres shares what Plug and Play does for startups. Beyond just investing, they run programs to help startups find commercial success, even if they aren’t portfolio companies and without having to give up equity – both of which are critical to new companies trying to build their business in the insurance industry.
• AI is obviously a specific topic Plug and Play is looking at, whether that’s at ITC or outside of it.
• Rather than going after the type of buzz generating solutions we hear about like Anthropic or OpenAI, they are specifically thinking about different layers of the tech stack.
• That includes the foundation layer, like one of their portfolio companies, Archetype, built the foundation for an IoT solution.
• Andres shared some tips for founders, the biggest one centering around Patience.
  • The speed of change (and sales cycles) in insurance is very long, so you need to have the patience and runway to survive if you want to build something in the industry.

This episode is brought to you by The Future of Insurance thought leadership series, available globally from Amazon in print, Kindle and Audible audiobook.

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Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.