Why to Innovate the Simplest Things First (w/Itai Ben-Zaken, CEO Honeycomb )

Itai Ben-Zaken, CEO Honeycomb - enabling real-time rating for small commercial real estate. 

Itai started his career at Intel as a software engineer and did his MBA at Wharton, gained experience in an insurance company, then started a digital marketing company in social media campaigns.  Now he's back to innovate insurance using big data and AI. A few highlights from today's pod:

✅ The sweet spot is smaller commercial lines because in high-volume businesses, multiple hours saved on customizing coverages is just money in the bank for insurance brokers.

✅ Itai says providing the digital experience is easy, but working with insurance markets and their incredibly complex limits on types of exposure and coverage is hard.

✅ He believes AI will actually make its biggest image in greater than ten years from now - the connectivity to diverse data just isn't there yet. 

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 and most innovative #insurance carriers and brokers.