World's Best Pet Insurance Grow Sustainable Business - Steven Mendel

In this episode, Sabine VdL interviews Steven Mendel, CEO, and Co-Founder of Bought By Many about how to Grow a Sustainable Business. An InsurTech startup that is really well known across the UK market with a new brand launched in the US under the brand name "ManyPets." Bought By Many is making the world a better place for pet parents through its tech-enabled insurance products and services. 0:00 Introduction 5:04 Where Does The Name Laka Come From? 6:04 Why Does The World Need A Credit-Based Insurance Proposition? 8:14 What Are The Other Lines Of Mobility? 9:45 Profitability Of Business Modules. 12:06 What Differentiates Laka from Other Businesses? 14:58 Steven Talks About Their Move To Central Europe. 17:05 Challenges and Opportunities of Moving From Core Market To New Markets. 21:15 What Makes Laka Unique & Different From A Leadership and Cultural Point Of View? 26:02 Steven Talks About His View On Startup Ecosystems and If He Relies on Building an Ecosystem Of Partners. 30:54 Stevens' Words of Wisdom to Founders and Insurers. ABOUT THE GUEST Steven has over 25 years of experience as an actuary in financial services which has included leading Close Brothers Wealth Management during the launch of their non-advised offering; creating the world’s first art-focused wealth advice offering for Christie’s; working as part of the team that formed Barclays Wealth and heading the McKinsey UK Savings and Investment Group. Steven founded Bought By Many, which is disrupting the world of pet insurance through the innovative use of tech and is building a business to become an irresistible employer that is obsessive about customer service. In April 2019 Steven was included in the London Business School Review of 30 People Who Are Changing The World. https://boughtbymany.com/ ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew, a venture lab that accelerates the curation, validation, and commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers and accelerating over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter: SabineVdL LinkedIn: Sabine VanderLinden Instagram: sabinevdLofficial Facebook: SabineVdLOfficial TikTok: sabinevdlofficial Email: podcast@sabinevdl.com Website: www.sabinevdl.com #Pets #Petparents #Wealthmanagement #Tech #Ukpetmarket #petmarket #Ukmarket #Petservices #Finance #Techstartups #startupsinuk #startups #Womenintech

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