The LiiP Podcast - S1, E7, David Hughes, CEO & Founder, Mulberry Risk
Hello and welcome to the latest edition of the Leadership in Insurance Podcast (The LiiP)
This is a brilliant chat with David Hughes https://www.linkedin.com/in/dapahughes/
David is CEO and Founder of Mulberry Risk which is an Analytics and Actuarial Consultancy to the MGA space https://www.mulberryrisk.com/
David was very open and honest as a guest - even sharing us the secret of what he was hiding in the background of his recording!
In this we talk about:
His professional rugby career - ditching this for life as a pensions actuary
Getting early inspiration from working with legendary Insurance entrepreneur John Charman
How simple it should be to keep people happy
How the alumni of some successful businesses have an oversized impact on the insurance business
The Importance of stepping back to go forward
People as catalysts in your career
How important speed is to innovation
The appeal of the MGA market in its entrepreneurial
The risk of a rate rise to the MGA model
The reputation of the MGA in the mind of underwriters
The importance of making your capital fungible for a capacity provider
MGA vs MGU - American carrier relationships vs UK carrier relationships
Flexibility in MGA model thrived in a lockdown environment
What makes a successful Insurtech?
Simplicity the key to successful insurance solutions
How great businesses come out of the customer journey and customer focus Is your niche big enough for the investment?
And much more in between.
This I a really interesting chat with an engaging founder with a great business concept.