In this episode of The Insurance Technology Podcast, Reid speaks to the father of insurance software Larry Wilson about his role in the transformation of insurtech from its humble beginnings to what it is today. Buckle up, grab the wheel tight, and get ready for a fascinating journey through time with the insurtech unicorn who started it all and continues to influence its future.
- Larry’s journey into insurance (2:40)
- What makes insurtech so hard to master (9:07)
- Bringing it all together (17:50)
- The beginning of agency management systems (21:01)
Larry Wilson served as the chief executive officer of Policy Management Systems Corporation from 1981 until the company merged with Computer Sciences Corporation in 2000. Larry has served on the board of directors for several companies and organizations, including Duck Creek, Assured Partners, Worley Companies, Ventus Risk Management, and FINEOS. He has a bachelor’s degree in marketing and a master’s degree from the University of South Carolina. Larry is also a Chartered Property and Casualty Underwriter.
“I decided after looking at what was going on with technology and insurance at the time that there was a better way to do it. And I'd gotten very familiar with insurance. I got my CPCU, understood insurance and some technology. So I designed a system called Policy Management Systems.”
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