The Building BITE: Risk Mitigation, Building on Incremental Success

Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE host Mike Diercksen, CRIS, welcomes back Bret Bush, Co-Founder, EVP of Insight Risk Technologies.
We begin the episode by revisiting our previous discussion with Bret about Insight Risk, their IoT capabilities, and their insurance offering. Bret takes us through various examples of how their offering has grown, and the ways in which he believes it will best impact the market at large. Through this conversation Bret leaves our audience with three key takeaways.
1. Stay On Top of Technology: Technology is rapidly advancing and can become difficult to monitor if you take a step back for too long. Be diligent in your research and understanding of what is available in your market. Staying “tuned in” can keep you apprised of key developments that may help reduce price or increase functionality for your company’s needs.
2. Get Everyone to The Table: This is not a one-man band, and the best way to identify solutions is to take the pulse of all the stakeholders and lean on the experience in the room. Doing this will reduce friction when implementing new technologies and create a greater buy-in for both the insured as well as their carrier partners.
3. Find The Right Partner: Make sure you select your partners carefully! Nothing happens in a vacuum and when challenges arise, you will want to make sure that your chosen team is prepared to provide guidance and educational support.
To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Bret on “Risk Mitigation, Building on Incremental Success.”
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