#96: Andrew Ostro (PolicyMe) - An Insurance Startup & Why You Don’t Need An Insurance Broker
Welcome back to the rose bros podcast.This episode, we are joined by Andrew Ostro, co-founder & CEO of PolicyMe - a digital life insurance solution.In simple terms, PolicyMe uses technology to provide life insurance for customers without the need of a middle man/insurance broker, allowing the company to charge less to customers.With the support of major financial institutions, customers are ensured that their policies are safe and reliable. PolicyMe’s latest finances round was for $18MM and the company has been able to navigate the recent downturn well as may other tech companies struggle.Andrew graduated with Honors from the University of Western Ontario, with a Bachelor of Science in Actuarial ScienceWe sat down for a smooth cup of rose bros coffee and discussed how using technology to remove insurance brokers can save you money on your life insurance policy, navigating the recent economic downturn in tech & finding product market fit. Enjoy!The full video of this episode is available on YouTube, so check out the rose bros channel, and if you enjoyed it, subscribe to the channel. Also, this week's podcast was brought to you by Rundle Eco Services. Looking for a way to recycle your frac pond and pit liners used in the oil and gas industry? Rundle collects and processes liners using an environmentally friendly system, leaving a clean environmental footprint. The end use of these liners are shredded and processed into pellets that then can be extruded into various forms of usable plastic products including furniture, various building materials, industrial packaging etc. Checkout rundleco.com for more details on how you can recycle your industrial pond and pit liners today. Also, this podcast is sponsored by Head Racing Canada. Looking for high performance ski gear this winter? In partnership with Olympian Manny-Osborne Paradis, Head Canada Racing is offering the lowest prices possible through its online storefront, by passing brick and mortar savings to customers. Check out headracingcanada.com for more info on high performance gear for the upcoming season. Support the Show.