The Building BITE

Welcome to The Building BITE – a podcast for construction Contractors, Owners and Insurance professionals, who want to learn from the industry experts…
Mar 25th, 2024 | 50:52

The Building BITE: Insurtech, Helping to Improve Outcomes Through Proactive Management

Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP and Mike Diercksen, CRIS, welcome Damien Caldwell, Co-Founder and CEO of ASG National. We begin the episode by discussing Damien’s professional career, where he was able to get a diverse knowledgebase through various stakeholders of the Insurance and Technology market. Eventually, Damien met his business partner and developed ASG National to help the industry improve their data integration using a proactive management mindset. Damien leaves our audience with some great advice in his three key takeaways. 1. Take Control of Your Data: Data is the new currency which is why there are industry partners that may appear hesitant to share it. We as an industry are getting more adept at understanding the value in our captured data and it is on us to make the most of it. 2. Proactive Management: Evaluate yourself and/or your program, make sure that your focus is on being proactive. Effective Risk Managers will tell you that this is imperative in risk mitigation. If you are always putting out fires, worried about what’s urgent and not what’s important – you’re not being proactive. Take a step back, re-evaluate and start using your data to identify patterns of failure, to help create a corrective plan to get you to where you need to be. 3. Evaluate Your Tech Needs- Crawl / Walk / Run: Whether your company is on board with investing in technology solutions or just getting into it. Successful executions require a well laid out plan. Understand your needs versus your goals or wants in your technology. Don’t wait to get the Astin Martin of technology when you have an approval to get a BMW. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Damien on “Insurtech, Helping to Improve Outcomes Through Proactive Management” Please like, share, and subscribe to this podcast!