The Insurance Technology Podcast · 2025-08-01 · 1h 8m
In this podcast episode, Reid talks with a returning guest - Luke Magnan, co-founder and CIO of Combined Ratio Solutions. Luke believes that core insurance software should be accessible and affordable, much like the dependable Honda Civic. Tune in to hear Luke’s vision: to empower insurance companies by simplifying their operations without breaking the bank (and more). Episode Highlights Catching up on Combined Ratio’s mission (00:50) Carriers running IT as an engineering shop (11:42) How to become the industry standard (12:39) Aspiring to be the Honda Civic of Policy Systems (19:34) The relationship between the insurance industry and tech experts (26:12) The next big move in the industry (28:56) The role of Salesforce in insurance (34:00) Practical solutions over cool tools (39:36) A concept for large companies to consider (43:49) How keeping exits out of the conversation opens up opportunities (47:25) Disadvantages of private equity and venture capital (53:51) Thoughts on AI (58:41)
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