Oliver Wyman

An insurtech story told from both sides. An Insurtech story told from both sides: Join Paul Ricard for a conversation with Drew Ostro, CEO and co-founder of PolicyMe. PolicyMe is a rising player in the Insurtech space, coming off a record growth year and introducing a completely digital way to purchase life insurance. As an Oliver Wyman alum, Drew shares the full spectrum of his experiences, from advising senior insurance leaders to the challenges of launching a new startup. The episode explores partnerships, industry trends, lessons learned, burntpizza, and recommendations to help firms build solid customer-centric experiences in the digital space. For more on Reinventing Insurance, visit the Oliver Wyman website<a href="https://www.oliverwyman.com/our-expertise/hubs/reinventinginsurance.html" rel="noopener noreferrer" target="_blank"> www.oliverwyman.com/reinventinginsurance </a>

Paul Ricard is a partner in Oliver Wyman’s Financial Services, Insurance and Asset Management and Digital practices. Paul works closely with businesses to reinvent their strategies, products, and services — and to fuel top-line growth opportunities. Paul specializes in advising leaders on large-scale digital transformation programs, greenfield business design, and digital operating model development. He is also the CustomerFirst platform lead for Insurance and Asset Management, working collaboratively with clients to develop novel value propositions rooted in customer needs. He is actively connected with the Insurtech and Fintech communities, and has facilitated strong partnerships between incumbents and Fintech/Insurtech players.

Paul Ricard is a Partner in Oliver Wyman’s Insurance & Asset Management practice

Paul Ricard

Paul Ricard, Oliver Wyman Partner & Host of the Reinventing Insurance Podcast 

Drew Ostro is the CEO and Co-Founder of PolicyMe. Most recently, PolicyMe succesfully partnered with the incumbent, Canadian Premier Life Insurance Company, to deliver a customer-centric and fully digital insurance-buying experience. The result—customers can easily purchase term life insurance policies directly from the PolicyMe platform. The product delivers an optimized customer experience, with the application, approval, and underwriting all performed digitally. Drew has seen the insurance industry from both the incumbent and insurtech views. He brings over 10 years of experience in the insurance industry working as a licensed actuary and was a management consultant here at Oliver Wyman. He has advised senior executives at the world’s largest insurance companies on strategy, digital transformations, operations, regulatory adherence and finance and risk.

Drew Ostro is the CEO and Co-Founder of PolicyMe

Drew Ostro

Drew Ostro, CEO and Co-Founder of PolicyMe

In this Reinventitng Insurance episode, Oliver Wyman connects with Drew Ostro, CEO and co-founder of PolicyMe. PolicyMe is a rising player in the Insurtech space, coming off a record year—with a 700 percent growth rate and introducing a completely digital way for Canadians to purchase life insurance. As an Oliver Wyman alum, Drew shares the full spectrum of his experiences, from advising senior leaders at the world’s largest insurance companies to the challenges of launching a new startup. We draw parallels from both sides of the incumbent and insurtech equation. Join us as we explore partnerships, accelerating industry trends, lessons learned, burnt pizza, and recommendations to help insurers build solid customer-centric experiences in the digital space. Learn more: www.oliverwyman.com/reinventinginsurance


Episode 4: An insurtech story told from both sides. A conversation with Drew Ostro from PolicyMe

An insurtech story told from both sides

Reinventing #Insurance #Podcast: How can traditional insurers and #insurtechs innovate and build successful partnerships? Join Partner Paul Ricard for a conversation with Drew Ostro, CEO and co-founder of the rising #insurtech PolicyMe. Tune in here > https://www.oliverwyman.com/our-expertise/insights/2021/jun/oliver-wyman-reinventing-insurance-podcast-drew-ostro-policyme.html #ReinventingInsurance


Oliver Wyman Reinventing Insurance Podcast

Oliver Wyman Reinventing Insurance

Customers' needs are changing and so are the rules of the game. The Reinventing Insurance Podcast by Oliver Wyman uncovers the latest growth and digital opportunities for insurance leaders today. Join Paul Ricard for interviews with industry change makers, thought leaders, and insurtech players. We discuss the biggest challenges and forces reshaping insurance and help businesses reinvent their strategy, operations, and relationships with customers. We explore themes and reflections on building a modern insurance business, leveraging customer insights, demystifying design thinking, becoming a digital insurer, thriving with commerce and super apps, best practices for partnering with insurtechs, and elevating your technology stack. About Oliver Wyman: Oliver Wyman is a global leader in management consulting and a business of Marsh McLennan [NYSE:MMC]. We work with clients to optimize their business, improve operations and risk profile, and accelerate their organization to seize the most attractive opportunities. Subscribe to the Reinventing Insurance Podcast and learn more by visiting Oliver Wyman's website: www.oliverwyman.com/reinventinginsurance