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Combining global growth with a noble mission - with Tanguy Touffut, CEO & Co-Founder, Descartes Underwriting

Combining global growth with a noble mission - with Tanguy Touffut, CEO & Co-Founder, Descartes Underwriting

FromThe Insurance Coffee House


Combining global growth with a noble mission - with Tanguy Touffut, CEO & Co-Founder, Descartes Underwriting

FromThe Insurance Coffee House

ratings:
Length:
33 minutes
Released:
Nov 8, 2022
Format:
Podcast episode

Description

“Mission and purpose is becoming crucial. We are living in a very anxious world. We see that climate change will be a big change for humanity”, says Tanguy. The self-proclaimed insurance industry veteran shares his intrapreneurial journey with Oliver Wyman and AXA to co-founding Descartes Underwriting. Headquartered in Paris and with 12 offices across Europe, North America and APAC, the climate risk insurtech operates in 40 countries around the globe – helping protect clients against hailstorms, bushfires, floods, cyclones, droughts and heatwaves. Having raised USD$120m in its Series B funding round, Tanguy highlights, “When you’re a start-up and backed by VC or private equity, you have more time to think about how the company may look like in 3,5,7 or 10 years.”Tanguy clarifies how Descartes are competing with established industry incumbents and the benefits they provide to clients. “If we just look at the corporate segments in the USA it takes an average of 550 days between the declaration of loss and claim payments. It's a very long and painful process, full of litigation. In our case we use external data sources and we make sure the policy is transparent and that we stick to claim payments within five working days.”He discusses the challenges ahead for the industry and maintaining the firm’s cultural values with high growth plans across the globe, as well as the value insurance industry knowledge brings to the team.      Connect with Tanguy on LinkedIn or find out more about Descartes Underwriting The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO, Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses across the globe.To discuss identifying & attracting the very best talent to your team or being a podcast guest, reach out to Nick via nick.hoadley@insurance-search.com or connect on LinkedInCopyright Insurance Search 2022 – All Rights Reserved.    
Released:
Nov 8, 2022
Format:
Podcast episode

Titles in the series (100)

The weekly Insurance Coffee House Podcast series is the place where you’ll be inspired by some of the most successful insurance business leaders on the planet. With each guest asked the same set of ten questions you’ll understand the recurring patterns and traits that make them successful. Covering morning routines, favourite success quotes and how they overcame their largest setbacks, they’ll give a personal insight in to what it takes to be a successful insurance business leader. This podcast will suit senior executives from inside the insurance industry and ambitious insurance business leaders of the future, giving you practical management tips and advice to help you achieve your career ambitions. The show is hosted by Nick Hoadley, CEO of leading international insurance executive search firm, Insurance Search. If you would like to contact Nick about the podcast or to discuss any executive search assignments, please email info@insurance-search.co.uk or call (+44) 203 9488 501