The Insurtech Leadership Podcast
Business:Entrepreneurship
Three Reasons Why Digital Insurance Is Different than Traditional Insurance (w/Alex Frommeyer, CEO Beam Dental)
Alex Frommeyer Co-Founder & CEO at Beam Dental is a super-inspiring founder who is at the head of the pack in digital dental insurance.
Three value-added propositions that set digital insurance fundamentally apart:
đ„1. Easy: The whole digital infrastructure and user experience including customers and brokers is just simple to use,
đ„2. Smart: Underwriting blending traditional actuarial concepts with data science and machine learnings to develop their own proprietary actuarial models that better predict and manage risk, Â
đ„3. Preventive: Active health and wellness offer with access to BeamBrush that rewards customers for using it.
â As a leader who has grown a company from 3 to over 270 employees, Fro shares some of his experience from transitioning from a builder role into a CEO. Â
â "Fro" and his technology-experienced team observed a large problem in that 100M Americans don't have access to dental insurance. They found their 'edge' in #machinelearning and #gamification, using lots of unstructured data to optimize returns in the risk of dental claims.
â Beam's entire organization has been created following the customer journey, so the team can do its best job at each touchpoint Â
Follow the 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.
Alex Frommeyer is CEO and founder at Beam Dental, an AI-powered dental benefits provider that offers an easy-to-use online platform, tailored pricing based on dental hygiene behavior and the Bluetooth-connected Beam Brush toothbrush that tracks brushing habits.
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