AI and Employee Life Insurance with Bob Gaydos, Pendella

The guest this time is Bob Gaydos, Founder and CEO of Pendella where he leads a team of innovators in the insurance industry, automating the underwriting process through AI and big data.Questions for Bob include:In a LinkedIn post you shared the following: "Building an innovative startup is a lot like riding a roller coaster. At times, you feel like you want to throw up and at other times it's a beyond-thrilling ride. I'll ride that ride with our team any day! I am so proud of all of the hard work and incredible talent that has gotten us here. We are well on our way to bringing greater financial security to millions of people and future generations." Any advice for others thinking of making the jump and starting a tech business?You and the Pendella team were recently at PrismHR LIVE in Austin, TX. What's the fit? How was the event?What are some key differences between group and individual life insurance policies employees need to understand?Should HR explain this difference to employees in the hiring process?How can individual life insurance become a top employee benefit?How can companies unlock enhanced individual policy coverage for employees through the use of tech?More About Bob GaydosOver the last 10 years, Bob has founded, invested, advised, and operated innovative companies in the benefit & insurance industry such as Maxwell Health: an online benefits administration platform acquired by Sun Life in 2018. Connected Benefits: an online insurance agency acquired by GoHealth in 2016. Limelight Health: a group underwriting platform acquired by Fineos in 2020. GoCo: an online platform for HR, benefits, and payroll. Ideon (formerly Vericred): an innovative data services platform powering digital quote-to-card experiences in health insurance and benefits.More About PendellaPendella’s embedded, white-label individual life and disability insurance solution empowers distributors and carriers to easily offer affordable life and disability insurance options to their customers. The technology automates the underwriting process through the power of artificial intelligence and big data, creating a seamless and highly intuitive policy-buying experience where consumers can buy a policy completely online in minutes without a medical exam.Support the showFeature Your Brand on the HRchat PodcastThe HRchat show has had 100,000s of downloads and is frequently listed as one of the most popular global podcasts for HR pros, Talent execs and leaders. It is ranked in the top ten in the world based on traffic, social media followers, domain authority & freshness. The podcast is also ranked as the Best Canadian HR Podcast by FeedSpot and one of the top 10% most popular shows by Listen Score. Want to share the story of how your business is helping to shape the world of work? We offer sponsored episodes, audio adverts, email campaigns, and a host of other options. Check out packages here.Follow us on LinkedInSubscribe to our newsletterCheck out our in-person events