“It was no longer my idea, it was our idea and we had a skill set that was complimentary and we could make this happen”, says Steve as he shares the importance of finding a credible tech co-founder.
The CEO of the Ohio-based auto and home insurance insurtech describes how the structure of the business is obligated to social good as well as shareholder value and how they use tech to benefit their community of clients.
He highlights the growth the business has achieved since its launch in 2018, the challenges of scaling and maintaining cultural values.
Steve emphasises the importance of having a clear mission and pruning the tree as well as the value those with insurance industry experience bring.
“We like everybody to be challenging the status quo and each other in a positive way, with positive intent.”
Steve offers advice to anyone looking to scale an insurance business, and says, “If you've got a clear problem to solve which becomes your mission, you've got the right team and you've got the right capital, I think you’ll be off to a great start.”
Connect with Steve Lekas on LinkedIn or find out more about Branch.
This episode of the Insurance Coffee House Podcast was first published on 18 October 2022
Podcast hosted by Nick Hoadley, CEO, Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses across the globe.
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