Matt Connolly: Platformifying InsurTech Insights episode artwork

EPISODE · Jul 20, 2022 · 50 MIN

Matt Connolly: Platformifying InsurTech Insights

from Scouting for Growth · host Sabine VdL

On this episode, Sabine VdL interviews Matt Connolly, an entrepreneur and platform builder in the insurance sector. He’s also the CEO of Sønr - the world's #1 InsurTech scouting and open innovation platform. In this episode, Matt talks about himself and his idea to build the Sønr platform. KEY TAKEAWAYS I always knew I wanted to start my own company, but I didn’t know what it would be or what I wanted to invent. The only relevant professional experience I had was working for a digital agency, but my friend and I set up a web design company in 2003 that was going to deliver strategy, creative, and tech for the web. Five years later, the business was very successful and became the number one digital agency in the UK. It was a very unusual position to be in as a 20-something. I always wanted to push, push, and push again. I’m never satisfied. They are terrible traits in somebody, but they are also great traits for an entrepreneur. I hope I’m able to do that with empathy for those around me. Staff retention supports my belief that I can create a strong culture and be a strong leader within my organisation. And, those traits really do drive me forward.  Having control over a company's DNA and shaping its culture is a great responsibility and one of the most important things a successful founder can achieve. Once you have that right, the rest of the business will flow. Fun has to be a large part of that. As a founder, you start off with your feet firmly under the desk. You are involved in shaping the operation of the business, KPIs, growth metrics, and all those kinds of things, and you can forget about having fun; that’s where my co-founder, Matt Ferguson, is great at continuously reminding me and us to remember the fun part of work. He makes sure we are going out, and we talk and connect. You need to set a vision, define a purpose within it, and ensure that vision is brought into, and possibly even co-created by, people within the team. If you have that and everybody buys into it and you set a clear pathway to achieving that – whether you’re ahead of it or behind it – then everybody will rally and do their best to make that happen. I’ve always felt it should be somewhat democratic in a business's culture. Rather than employ people to fulfil specific roles, I’d rather employ exceptional talent, understand where they are best deployed, and allow them to function with that intent. That allows them to do the thing they love the best, and invariably they’re the best at, to create the right resourcing landscape to achieve our vision. BEST MOMENTS ‘Employ people who are more talented than you.’  ‘You will always overestimate what you can or will achieve in one year, but you will always underestimate what you can achieve in 10. I need to remind myself of that, I’m an incredibly impatient man.’ ‘Always check in with each other and have those “high five” moments and check in and look after yourself en route.’ ‘I am much better at encouraging others to have fun than doing it myself. But if you’re not having fun and living another life outside of work, you become a one-dimensional person, and that’s never going to be healthy for you.’ ABOUT THE GUEST Matt is the CEO of Sønr - the world's #1 InsurTech scouting and open innovation platform. Sønr is a subscription-based platform that houses the world’s most comprehensive source of innovation intelligence, designed specifically for the insurance innovator.  It is used by some of the best-known insurance companies globally, including Allianz, Bupa, Generali, Munich Re, and Tokio Marine. Sønr connects its clients to innovation globally – the latest market trends, startups, and scaleups reshaping the insurance market. It provides insight into competitors’ innovation activities too... The critical intelligence needed to compete in today’s changing world. It also has an in-built collaboration toolset that enables teams to work smarter, faster, and be more connected. This results in less duplicated effort and ensures everyone is really on the same page. ABOUT THE HOST Sabine VanderLinden is a corporate strategist turned entrepreneur and the CEO of Alchemy Crew Ventures. She leads venture-client labs that help Fortune 500 companies adopt and scale cutting-edge technologies from global tech ventures. A builder of accelerators, investor, and co-editor of the bestseller The INSURTECH Book, Sabine is known for asking the uncomfortable questions—about AI governance, risk, and trust. On Scouting for Growth, she decodes how real growth happens—where capital, collaboration, and courage meet. If this episode sparked your thinking, follow Sabine VanderLinden on LinkedIn, Twitter, and Instagram for more insights. And if you’re interested in sponsoring the podcast, reach out to the team at [email protected]

You don’t win in innovation by reacting. You win by seeing what’s coming. In this episode of Scouting for Growth, Sabine VanderLinden sits down with Matt Connolly, CEO of Sønr, to explore how structured innovation intelligence is reshaping insurance transformation. Matt always knew he would build something — he just didn’t know what. His first venture, a web design agency launched in 2003, grew into the UK’s number one digital agency within five years. That early success shaped his mindset: push further, push faster, never settle. Those traits — impatience and ambition — can be double-edged. In Matt’s case, they fuelled the creation of Sønr, now the world’s leading InsurTech scouting and open innovation platform. Sønr serves global insurers by aggregating market intelligence, startup ecosystems, competitor activity, and trend analysis — all within a collaborative platform. It reduces duplication, accelerates decision-making, and ensures innovation teams operate from shared insight. But this isn’t just a tech story. It’s a culture story. Matt emphasizes that shaping company DNA is a founder’s greatest responsibility. Vision must be clear. Purpose must be co-created. Pathways must be transparent. When teams buy into the mission, alignment drives momentum. He challenges traditional hiring models. Rather than recruiting for rigid job descriptions, he prefers hiring exceptional talent and then deploying them where they can thrive. Empowered individuals outperform constrained roles. Another key lesson: time horizons distort reality. Entrepreneurs tend to overestimate what they can achieve in one year — and dramatically underestimate what they can build over ten. Platform businesses, especially in conservative industries like insurance, require patience layered on top of urgency. And then there’s culture. Fun is not frivolous. It sustains performance. Celebrating wins, checking in regularly, and encouraging life outside work prevents burnout and builds resilience. Even the most driven founder needs reminders to step back. Sønr’s growth reflects a broader shift: insurers can no longer rely solely on internal R&D. Open innovation, ecosystem scouting, and collaborative intelligence are becoming strategic necessities. This episode is essential listening for: Innovation leaders building structured scouting capabilities Insurance executives seeking competitive foresight Founders scaling B2B platform businesses Boards evaluating long-term innovation strategy Because in a market reshaped by startups and digital acceleration, intelligence is leverage. And the organisations that combine vision, culture, and structured insight will move from reacting to leading. The future doesn’t reward the fastest follower. It rewards the best-informed builder.

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This episode is 50 minutes long.

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This episode was published on July 20, 2022.

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On this episode, Sabine VdL interviews Matt Connolly, an entrepreneur and platform builder in the insurance sector. He’s also the CEO of Sønr - the world's #1 InsurTech scouting and open innovation platform. In this episode, Matt talks about himself...

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