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CTStartup Podcast Episode 130: Building a franchise across the insurance value chain with Nassau

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How do you become a 163 year old startup? It may seem like an oxymoron, but when it comes to reinventing itself, Nassau Re has made a name for itself in very short order. Tune in as Eric and Ojala discuss the ups and downs of insurance, finance, and supporting the Hartford startup ecosystem.

This podcast is sponsored by CTNext and Connecticut Innovations.

Listen here: https://soundcloud.com/ctstartup/episode-130-building-a-franchise-across-the-insurance-value-chain-with-nassau-re

The CTStartUP podcasts is all about connecting people who are passionate about the growing Connecticut startup ecosystem. The story of how CTStartUP podcast got started is not unlike how startups begin.

Learn more: https://soundcloud.com/ctstartup 

Ashley SaundersCTStartup Podcast Episode 130: Building a franchise across the insurance value chain with Nassau
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Bringing together the InsurTech Ecosystem – Insurtech Conclave August 2021

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Bringing together the InsurTech Ecosystem: Hear from leading experts on trends and opportunities in the #insuranceindustry on Aug 10th from 10:55 AM to 11:25 AM ET

Accelerators Panel: Collaborating with startup accelerators to create a successful and scalable #InsurTech ecosystem
Paul Tyler, Chief Marketing Officer, Nassau Financial Group
Sabine VanderLinden, Co-founder & Managing Partner, Alchemy Crew
Prasad Joshi, SVP, Emerging Technology Solutions, Infosys
Susan Winkler, VP and Executive Director, Connecticut Insurance and Financial Services (CT IFS) (Moderator)

Key takeaways of this panel:

  • Innovation in the post pandemic context
  • Technology and trends driving a new ecosystem
  • Building capabilities and first mover advantage
  • Role of proprietary tech and data

Learn more about the Insurtech Conclave, including speakers, agenda, key takeaways, and more: https://www.infosys.com/newsroom/events/2021/insurtech-conclave.html

Ashley SaundersBringing together the InsurTech Ecosystem – Insurtech Conclave August 2021
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InsureLife raising Seed round, signs major Insurance brands, to digitally connect Insurance Companies with Customers and Agents, improving sales process

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RALEIGH, N.C.Aug. 4, 2021 /PRNewswire/ — InsureLife, a startup technology company in Raleigh, NC, has developed an AI-powered platform for Insurers that digitally connects their financial services products with consumers and agents, growing sales in a contactless world.

Investors in the Seed round include Nassau Financial Group, CFV Ventures, and several angel investors. InsureLife anticipates oversubscribing the Seed round.

https://www.prnewswire.com/news-releases/insurelife-raising-seed-round-signs-major-insurance-brands-to-digitally-connect-insurance-companies-with-customers-and-agents-improving-sales-process-301348878.html?a

InsureLife has secured distribution agreements with two major insurance companies – a leading Supplemental Health Insurer and Nassau Financial Group. Following the Seed round, InsureLife’s priority will be launching with these companies to distribute their products with InsureLife’s proprietary platform. InsureLife also intends to open its Series A round for growth capital later this year.

“We’re thrilled and honored to partner with forward-thinking investors and insurance companies who see the value in modernizing the antiquated insurance distribution chain. We’re excited to get moving with great brands like Nassau and one of the largest Supplemental Health Insurers and most recognized brands in the US. This round is the catalyst to many more growth opportunities that we’re already exploring for InsureLife,” said John Cammarata, InsureLife Co-Founder and Chief Technology Officer.

CFV Ventures, Managing Partner Nat Clarkson said: “The InsureLife team has created a unique solution that addresses a real need in the insurance industry. We are excited to be working with the organization and look forward to being a part of its future growth.”

Nassau Financial Group, Chief Marketing Officer Paul Tyler said: “We’re proud of the continued success of the team. We believe in their mission for agents and consumers now more than ever. We’re happy to see one of the early companies in our incubator, Nassau Re/Imagine, continue to gain momentum in the marketplace. In addition, we look forward to growing our Medicare Supplement insurance business in partnership with InsureLife’s team.”

Additionally, in 2020, InsureLife joined the Nassau Re/Image incubator in Hartford, CT, and won their pitch competition. They also placed second in the Fintech Frontier Pitch Competition in Cincinnati, OH.

To learn more about InsureLife, visit the company’s website.

SOURCE InsureLife

Related Links

https://insurelife.io

Ashley SaundersInsureLife raising Seed round, signs major Insurance brands, to digitally connect Insurance Companies with Customers and Agents, improving sales process
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Podcast: It’s Getting Incredibly Hard to Find Yield – Why We Need More Innovative Products with Paul Tyler

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July 20, 2021

Paul Tyler is Chief Marketing Officer for Nassau Re, a 5-year old company driving innovation and new partners in the heart of the Insurance capital Hartford.

ReImagine! was designed to bring insurtech to Hartford and create new jobs. Nassau is focused on re-shaping retirement advice and services. They will soon be releasing a map of the 100-companies driving innovation and change in the space.

Listen to the podacst: https://insurtech.podbean.com/e/its-getting-incredibly-hard-to-find-yield-will-leads-to-more-innovative-products-wpaul-tyler-cmo-nassau-re/ 

Paul sees room for more innovative products, for example focusing more on how long people live that returns, or managing their decumulation of assets. The lines between the traditional life stages have blurred as people prioritize quality-of-life over the goal of retirement.

Follow Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest-growing #insurtechs and most innovative #insurance carriers and brokers.

Ashley SaundersPodcast: It’s Getting Incredibly Hard to Find Yield – Why We Need More Innovative Products with Paul Tyler
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ONWARD Ep. 1 Special Guests: Paul Tyler, of Nassau Financial Group & Laura Dinan Haber of Nassau Re/Imagine

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Listen to the full episode: https://www.sentrycommercial.com/onward-ep-1-special-guests-paul-tyler-of-nassau-financial-group-laura-dinan-haber-of-nassau-re-imagine/ 

What effect has the pandemic had on our industry and the community in which we live, work, and play? Check out our ONWARD series, featuring interviews with Sentry Commercial’s Curt Gemme at The REC where he speaks with industry experts and discusses how they are moving upward and ONWARD!

On our first episode, Curt speaks with Paul Tyler, Chief Marketing Officer of Nassau Financial Group, and Laura Dinan Haber, Innovation Manager of Nassau RE Imagine. During this session, Curt and Paul discuss their meeting at Nassau’s headquarters in Hartford back in March 2020, and how Imaging/RE’s startup community was fueling our business community. ONWARD we go! We are back, Nassau/RE is back. Tune in and see what they have to say about their program and the return to Hartford.

Ashley SaundersONWARD Ep. 1 Special Guests: Paul Tyler, of Nassau Financial Group & Laura Dinan Haber of Nassau Re/Imagine
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The Future of E-commerce and The Contents of Our New Wallets

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By Paul Tyler, April 22, 2021

A recently-released report from Adobe’s e-commerce division shows that the pandemic helped increase online sales nearly $190 million between March 2020 and this February. The headline-grabbing prediction of the first $1 trillion e-commerce year in 2022 should have sent e-commerce stocks soaring, but it didn’t. What happened here?

A great case in point is Affirm Holdings (AFRM: Nasdaq) led by a former founder of PayPal (PYPL: Nasdaq), Max Levchin. Affirm reached a high in February, but has dropped 40% since then, primarily on the basis of weaker reported sales.

Affirm’s entire business model challenges the notion of how our future wallets may look. How we pay for transactions has been driven historically by which card falls out of a wallet first. The decision to pull out cash, a debit card, or a credit card has not always reflected a rational consumer choice…

Read the full article here: https://www.benzinga.com/news/21/04/20749044/the-future-of-e-commerce-and-the-contents-of-our-new-wallets

Nicholas BreniaThe Future of E-commerce and The Contents of Our New Wallets
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Nassau Re/Imagine Receives Honorable Mention In the 2021 CT Entrepreneur Awards

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Read the full release: https://ctentrepreneurawards.com/news-release-ct-entrepreneur-awards-recipients-named-4-19-21/

The Connecticut Entrepreneur Awards announced an impressive array of 25 category winners, along with 67 runners-up, during the 2021 Connecticut Entrepreneur Awards, which were presented during a virtual awards ceremony that highlighted the accelerating growth of the state’s entrepreneurial ecosystem.

The 5th Annual event celebrated Connecticut’s leading entrepreneurs, ventures, and the varied ecosystem elements throughout the state that support and encourage them. The awards ceremony highlighted businesses, organizations, and individuals from communities all across Connecticut, pursuing business opportunities across many sectors and industries.

Announcement of the winners followed an afternoon virtual expo and interactive product demonstrations, concurrent sessions, and panel discussions, in addition to the results of the public voting and judge’s choices.  There were 15 Community Voting category winners and 9 Judges Selection category winners announced, along with honorable mention recipients. There were a total of 225 individuals, businesses, and organizations selected as finalists earlier this year, drawn from 434 nominations.

“The caliber of this year’s nominees was phenomenal. Collectively, those selected as winners in their categories, those earning Honorable Mention, and all the finalists, have a strong impact on our state and its communities,” said CT Entrepreneur Awards founder Bill Kenney.  “Despite the obstacles of the past year, Connecticut’s entrepreneurial community showed tremendous resilience and ingenuity.  These enterprises and initiatives are driving entrepreneurship and economic independence throughout Connecticut.”

Ashley SaundersNassau Re/Imagine Receives Honorable Mention In the 2021 CT Entrepreneur Awards
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Do young investors need to fear ‘dismal’ returns? Not if they make 3 smart moves, experts say

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By Bryan Ermey, April 9, 2021

….Don’t swing for the fences

If you’re worried that you may be facing muted returns in the coming years, it may be tempting to make big bets on risky assets in the hopes that the wager pays off, rather than sitting around and watching paltry returns roll in.

“Do I think that putting money in the bank, clipping coupons, and buying bonds is how this generation will build wealth? No,” says Paul Tyler, chief marketing officer at Nassau Financial Group. But neither will piling into volatile investments, he says: “Swinging for the fences is never a winning strategy in personal financial management.”

He recommends taking a diversified approach and owning a broad mix of assets that will behave differently in different market environments. That could include traditional investments, such as stocks and bonds, as well as nontraditional assets such as cryptocurrency. “You cannot at this point in time ignore digital currency, which has all the hallmarks of being an important part of our economy going forward,” he says. “Not going to put 50% of your portfolio in there. Maybe it’s 2.5% in some of these alternative assets.”

The youngest generation of investors has the advantage of understanding what sorts of companies and technologies have the power to disrupt the established order of things, says Herried, whether it’s alternative currencies such as bitcoin, or cutting-edge tech companies such as Roblox. He recommends that young investors establish a core portfolio of diversified mutual funds or ETFs before branching out with a smaller chunk of assets designated for investing in businesses with potential to pay off big down the line.

“Gen Zers have the time horizon to explore some of these investments,” he says. “If they make a mistake on one stock, there’s plenty of time to recover.”

Read the Article: https://grow.acorns.com/how-gen-z-investors-can-grow-wealth/

Nicholas BreniaDo young investors need to fear ‘dismal’ returns? Not if they make 3 smart moves, experts say
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COVID -19 Disrupts Hartford’s Efforts to Become Startup Magnet

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By Sean Teehan, April 5, 2021

Disruption is a common theme in the tech industry.

And that’s precisely the impact COVID-19 has had on Hartford’s fledgling efforts to develop a startup ecosystem — particularly on accelerator programs that have brought dozens of early-stage companies to the city in recent years with hopes they will stay and grow here.

…“We started our program saying, ‘come to Hartford, you can bump into an actuary in the coffee shop, you can ride the elevator up and meet all these people,’ ” Tyler said. “Well guess what? They’re not here [right now].”

For the rest of at least this year, Tyler said Nassau Re/Imagine will likely focus more on working with startups remotely and connecting them to companies in Hartford.

Read the Article: https://www.hartfordbusiness.com/article/covid-19-disrupts-hartfords-efforts-to-become-a-startup-magnet

Nicholas BreniaCOVID -19 Disrupts Hartford’s Efforts to Become Startup Magnet
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W&L’s Vic Ricciardi Talks Behavioral Finance on Podcast

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By Madeline Bussett ‘21, March 4, 2021

Victor Ricciardi, visiting assistant professor of finance at Washington and Lee University, served as an expert panelist on behavioral finance and retirement planning for the podcast “That Annuity Show” earlier this year.

The show’s title was “Building a Vision of a Better Future Self in a Very Stressed World.” In the episode, panelists discussed what they already know from the study of behavioral finance and applied their knowledge to a “post-COVID world.” Ricciardi and the other panelists discussed creating new positive visions for retirement using conventional approaches despite the challenge created by a socially distant environment.

Read the Article: https://columns.wlu.edu/wls-ricciardi-talks-behavioral-finance-in-new-podcast/

For more information on the Reimagininge Retirement Forum hosted by Nassau Re/Imagine, visit https://test.imagine.nfg.com/reimagining-retirement-in-a-post-covid-world/

Ashley SaundersW&L’s Vic Ricciardi Talks Behavioral Finance on Podcast
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