The Leadership in Insurance Podcast - S1, E24, Dr Avi Baruch, Co-Founder & COO, Previsico

Welcome to the latest edition of The Leadership in Insurance Podcast where we were lucky to be joined by Dr Avi Baruch.  Avi is the Co-Founder and COO of Previsico an early warning flood forecasting company that was borne out of Loughborough University.  Although not exclusively an Insurance focused business Previsico were recent Lloyd's Lab participants so we wanted to find out about the Previsico story and its experience of working with the insurance sector.  In this episode we talked about:  How Previsico was borne out of a university research project  How to move an academic project to a business venture  Avi's unlimited travel budget for "research"  The university business dynamic - the difference with the US system  Benefits of product creation from an academic standpoint vs profit-driven enterprise  How the business has changed and the new talent required whilst moving from an academic endeavor to a business  The benefits of external advisors  How close ties to university helps attract talent  The Lloyd's lab experience - applying too early! and the incredible co-creation  The breadth of application for Proviscos early warning system  Risk prevention rather than indemnification   What Avi learned from the insurance industry  Previsicos work with NGOs and governments  Parametrics and identifying the right trigger on an evolving improving model  Collaboration with other Insurtechs   Thank you to Avi 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.