Lessons Learned: Week 9

We can all do more to attract diverse talent to the startup community and InsurTech. At the Hartford InsurTech Hub, we are fortunate that in our program we have a diverse group of startups. They bring different cultures, genders, and experiences to our program. As they come together with our partners and mentors at Hartford InsurTech Hub, the combination of thoughts is the true value of the program.

To get to know our startups on a more personal level, they each did a podcast interview by Carey Anne Nadeau and Insurance Nerds. To hear from each of our diverse startups here is how to listen:

Buzzsprout RSS: https://goo.gl/5K4X3Q
Google Play: https://goo.gl/WMAvW4
iTunes: https://goo.gl/7SqwvP
Overcast: https://goo.gl/8b4cbD
Stitcher: https://goo.gl/DmE7Mi
YouTube: https://goo.gl/1Turar

Proof of concept conversations are progressing this week and, as a result, it is a beneficial learning experience for both sides. Each of our partners, who integrate startups into their organizations, recognize that diversity of thought can inject an alternative perspective to solve a key business problem or create a new business model.

Investors have consistently mentioned that diversity of an investment portfolio is important to extract a higher risk-adjusted return. We had many great conversations with our investment ecosystem last week – Thank you to all of those Investors for sharing your knowledge and expertise.

Our newest partner, Capgemini, continues to provide a diverse group of experts on a variety of topics relating directly to our startup’s needs. Ken Kundis, Chief Marketing Officer, discussed marketing and PR with each startup to understand their specific needs and approaches on a global level.

Founder and President/CEO Sabrina Tucker-Barrett of Girls For Technology visited Upward Hartford to discuss how they are working to combat gender and racial biases that exist in STEM fields. They are focused on improving the community by creating access to educational opportunities and for underrepresented girls and young women to enable them with solutions to overcome barriers that often hold them back from advancing and entering into 21st-century careers. We hope that some of these young bright women become founders, employees for startups and key talent for our partners.

As we are gathering the RSVPs for demo day, we are expecting a large crowd made up of local insurance employees, international companies, investors, a variety of different industries and years of experience. Make sure you reserved your ticket. Click here to register now!

Personally, I finished reading My Own Words by Ruth Bader Ginsberg, Mary Hartnett, and Wendy W. Willams. It was a detailed walkthrough of her journey and a number of cases she championed around equality. Throughout her own career, she always focused on looking at information, history and making sure all voices are heard.

Try to integrate more diversity in your every day when you set up a meeting, attempt to solve a business problem or create a new revenue stream. Remember to ask yourself if you have enough diversity of thought or if you need to gather a few more people to create a better outcome?