Special Ep. Risto Rossar CEO of Insly: How no-code software will unleash an age of insurance innovation

Imagine a world where your underwriters can design their own
insurance products in front of their eyes. A world where you
don’t wait months for developers to come back to show you things
they have built that end up bearing no relationship to what you
asked them to do. In this world if you don’t like it you can just
dump it and start again. And in this world the idea of legacy
technology is meaningless- it simply ceases to exist. Here your
only development cost is a monthly subscription. Well, it turns
out this world is already here and not many of us know about it.
I think you can tell from these words that today’s Episode is one
that I found incredibly liberating and enlightening to record. I
love it when I learn something new, especially when its something
I have been hearing other people talk about for a while, but I’ve
been too busy or perhaps too embarrassed or scared to ask them to
explain it to me. The world of no-code software is one of those
things that I’ve been hearing about for a few years, but haven’t
really understood in any detail. So it was brilliant to meet
Risto Rossar CEO of Insly, which is a business that has been
running a no-code platform for the insurance industry for the
best part of a decade. Risto is one of us – he’s an insurance
guy. His first business was a digital insurance broker he
launched around the turn of the millennium. Back then to do this
you had to create all the tech yourself because it simply didn’t
exist. That firm became very successful in the Baltic States and
was sold on. But Risto soon realised he was onto something.
Scaling brokers globally was hard but scaling software is a lot
easier. He decided his next venture would be a tech business that
helped to digitise the insurance sector That is how Insly was
born. Now it’s working with 40 carriers and MGAs and around 4,000
brokers from around the world. Listen on for an inspiring
conversation with someone who understands that the only way to
unleash real innovation is to liberate insurance folk from the
need to learn how to code and allow us to get genuinely creative
with insurance for the first time in our history. In our
discussion we also slay a lot of the myths around other tech
buzzwords such as Blockchain and the idea of the moment: Embedded
Insurance. Risto is great company and I can highly recommend a
listen – you’ll learn a huge amount and hopefully end by feeling
inspired and invigorated. LINKS Find out more about Insly here:
https://insly.com/en/ And connect with Risto here:
https://www.linkedin.com/in/ristorossar/