Jacqueline Legrand: The Pioneer of Weather Insurance
Podcast:Scouting for Growth Published On: Wed Aug 30 2023 Description: On this episode of the Scouting For Growth podcast, Sabine VdL talks to Jacqueline Legrand, a name that resonates with transformative leadership in the global insurance industry. From orchestrating the radical transformation of Brokerslink to co-founding Maptycs, an InsurTech firm that is redefining how we perceive weather risk analysis and risk exposures, Jacqueline's legacy is nothing short of extraordinary. With her finger firmly on the pulse of digital transformation, she advocates for a harmonious marriage between technology and insurance. We're about to delve into a narrative riddled with transformative milestones, insights into the potential of geospatial analytics, and the challenges and triumphs of revolutionising an industry steeped in tradition. KEY TAKEAWAYS I started my career in corporate with IBM. After 8 years, I moved into insurance, fell in love, and spent a big chunk of my career as a broker working on complex property programmes, where the idea for Maptycs (mapping and analytics) was born. I really believe that independent broker networks have a compelling proposition today in the global brokerage industry, as local brokers are deeply rooted in their local industry and culture. The big thing I’ve learned and will always use is: What is the vision and the value proposition for each and every stakeholder? What is the business model? What is the execution plan? What is the road map? We saw an acceleration in natural disasters driven by climate change, alongside an explosion of high-quality location intelligence data. Timing is key in any startup company. The challenge was with all these claims and losses, and with the data that could be used to make better assessments, pricing, and risk mitigation. This is what we do at Maptycs: integrate our clients' portfolios alongside à la carte external data. BEST MOMENTS ‘Make sure, as a global broker, you build programmes for your client/global reach manager that are not only in line with their strategy, but also align with the local market practices and regulations.’ ‘Your colleagues on the ground play a critical role, and you need them whether it is to negotiate local coverage or to work on a claim with the local expert or adjuster.’ ‘We really enable corporate insurance brokers to have a good assessment of their product risk exposure because now they can see either one location at a time or accumulation across their portfolio, and they can mix and match their data with risk data.’ ABOUT THE GUEST With a footprint that stretches over 30 years across the global insurance tapestry, Jacqueline Legrand stands as a testament to transformative leadership in the industry. From the bustling markets of the US to the dynamic terrains of Brazil, France, and Portugal, her journey in C-suite and Board-level roles has solidified her as a luminary in insurance. As the CEO and co-founder of the groundbreaking InsurTech firm, Maptycs, Jacqueline is at the forefront of revolutionising property risk exposures. Through the lens of advanced geospatial analytics, she's reshaping the way commercial insurance providers approach weather risk analysis. ABOUT THE HOST Sabine VanderLinden is a corporate strategist turned entrepreneur and the CEO of Alchemy Crew Ventures. She leads venture-client labs that help Fortune 500 companies adopt and scale cutting-edge technologies from global tech ventures. A builder of accelerators, investor, and co-editor of the bestseller The INSURTECH Book, Sabine is known for asking the uncomfortable questions—about AI governance, risk, and trust. On Scouting for Growth, she decodes how real growth happens—where capital, collaboration, and courage meet. If this episode sparked your thinking, follow Sabine VanderLinden on LinkedIn, Twitter, and Instagram for more insights. And if you’re interested in sponsoring the podcast, reach out to the team at hello@alchemycrew.ventures