In this episode of The Insurance Technology Podcast, Reid speaks to “the man, the myth, the legend,” Kabir Syed, about his accidental journey into InsurTech. While not a technologist, a programmer or a broker, his love for research, data and solving problems led to happy accidents throughout his career. Serving in 14 different roles at Marsh McLennan because they “didn’t know what to do with him,” Kabir was instrumental in establishing the company’s global risk benchmarking platform, for which the company is still known today. He went on to found RiskMatch, which he grew from a startup to one of the industry’s leading analytics platforms in just four years. An InsurTech thought leader and influencer for more than two decades, Kabir is also a great storyteller as you’ll soon discover in Part 1 of this compelling conversation.
- How Kabir got into insurance technology (2:17)
- The impetus for Marsh McLennan’s benchmarking platform (5:36)
- The importance of asking “Why” (10:20)
- Why core industry problems are not being solved (15:20)
- What’s holding back the industry (22:05)
Kabir Syed is the Founder & CEO of Ennabl, Inc., a bespoke cloud-based platform for insurance intermediaries. He has 28+ years in insurance at startups and large organizations. Kabir founded RiskMatch, a data analytics company in 2013 and exited to Bain Capital & Vista in 2017. Prior to that, he was at Marsh McLennan in various roles including strategy, operations, and marketing. Kabir sits on various boards for InsurTech and FinTech corporations.
"I'm not a broker. I'm not a programmer. I'm more of a research strategy guy. If you think about my 15, 17 years at Marsh, I changed roles 14 times because they didn't know what to do with me."
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