Liselotte Munk, CEO: Fadata: Expanding to new horizons (323)

Fadata’s CEO, Liselotte Munk, returns to the InsTech podcast with Robin Merttens to discuss the company’s recent developments, including its expansion to APAC and South America.  Discover in this episode the intricacies of running a policy admin system provider, where Liselotte thinks the market is heading to next and the challenges with entering new regions. Key talking points include: The market’s maturity and the problems this may pose. Running a business when policy admin system changes are rare  Working around compliance  Working with a new generation of tech-savy insurers Culture shocks upon entering new markets Navigating a highly competitive marketing with key players Using AI in Fadata Ecosystems versus agnostic systems provider - which is best? If you like what you’re hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe why implementing a new policy admin system may pose issues for an insurer. Specify what markets across the globe are expanding and are interesting for new entrants in insurtech. Explain why you need to change your business model and approach when entering new global markets. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 323 page of the InsTech website or email [email protected] to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.