No One Will Hold It Against You If You Run an Initiative and Fail (w/Dror Katzav, CEO Atidot)

Dror Katzav CEO Atidot spent his developmental years during 11 years in Israeli Intelligence. His R&D technology and solutions-focused unit did not wear ranks, it had a culture of seeking answers and let people be more creative in what they do. 

Atidot recruits people who are experts in their areas, they let people run initiatives and fail and take on more responsibilities. Dror feels that if all initiatives are succeeding, people are not taking enough initiative and risk to grow.  

Dror reflects on his team's development during Covid as being very positive, how remote working changed team meeting dynamics to short standups every few days and people being more in synch now than before. He encourages insurers to allow their people to live in the startup culture for a period of time. He sees Covid as an opportunity where insurers have had to adjust to living and working more like startups, and this should cultivate more fresh thinking and creativity for the years to come. 

The Atidot team specifically chose to work on the life insurance industry due to the sheer volume of data and ripe for disruption with consultants and analysis being outdated vs. the customized personalized approach customers have come to expect.

Follow Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest growing #insurtechs, innovative insurance carriers and brokers.