The Leadership in Insurance Podcast - S1, E17, Peter Clarke, CEO and Founder, Insurercore

Welcome to the latest edition of the Leadership in Insurance Podcast. In this episode, I was lucky enough to be joined by Peter Clarke.Peter is CEO and Founder of Insurecore. Insurercore is a professional networking site exclusively for Insurance practitioners helping improve the market's inefficiencies and encourage networking in a more professional context.   In this episode, we talk about:   Micro-social media networking sites and why Linkedin isn't fit for purpose.  How a social networking site doesn't replace face to face meetings but enhances the relationship  How the pandemic and increased working from home has enhanced the need for social media  Why Insurercore couldn't have been built by someone from outside the market   The nuances of the market and the knowledge aren't being shared - a network is a way of doing that  Peter selling his house to launch a start-up when he had just been promoted!  The challenge of launching a platform - chicken and egg  Your assumptions aren't always correct - the audience dictates how they like to use it  The democratization of opportunity - the importance of enhanced networking within that  Better networks mean more business  Culture biggest prohibitor of change in Insurance  The cost base of Lloyd's shows how resistant to change the market is - it hasn't changed for 50 years  Technology should enhance the best parts of insurance Innovation is challenging everything you do - even your scanning!  By the time you "earn the right" to have your say you are often indoctrinated into the insurance market - this inhibits change  Fail fast isn't useful unless you are learning and find out why you fail!  Getting feedback from clients is key to success BUT... they are not always right!  The secret to successful change - keep trying new things  Training on systems - shouldn't they be intuitive enough?  Using platforms vs fully utilizing platforms  The importance of non-execs - filling the gaps in your knowledge  Thanks so much to Peter for being a great guest  This podcast was brought to you by FinPro an executive recruitment business that works in the Insurance and Instech space   Our host is FinPro Director, Alex Bond.Please like and subscribe if you enjoyed this podcast Hosted on Acast. See acast.com/privacy for more information.