EP 28 – Margeaux Giles – CEO of IRYS InsurTech – Innovating at the Core: Technology, Talent, and Transformation

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 130 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Experienced industry leader in Insurtech with a proved track record of evaluating, creating ad implementing software for Agents, Carriers, Wholesalers and Retail Insurtech vendors. Over a decade of executive experience in building operations and go to market strategy in enterprise settings and several years on the MGA/Wholesale submission and issuance processes as well as API creation and integrations in the Carrier/reinsurance space.

This episode is brought to you by:

“Investors… are like, well, if Marsh hasn’t done this before, and Microsoft can’t do it, and Google doesn’t have anything… How could you possibly, some chick in insurance in Florida, think you’re the smartest person?” – Margeaux Giles

In a fascinating conversation with Margeaux Giles, CEO of ⁠IRYS InsurTech, her unconventional entry into insurance to building a technological revolution within the industry highlights how entrepreneurship and innovation can drive real change. Margeaux’s journey, marked by a pivot from founding a startup focused on mitigating late-night driving risks to addressing inefficiencies in the insurance sector, underscores the industry’s openness to innovation. Her transition not only highlights the importance of diverse experiences in enriching the sector but also showcases the potential of entrepreneurial thinking in identifying and solving problems.

The creation of IRYS stems from Margeaux’s realization of the fragmented and legacy processes that have long characterized the insurance industry. By centering the customer in IRYS’s operational model and harnessing technology to improve efficiency and responsiveness, Margeaux details a vision for modernizing insurance. IRYS’ approach, advocating for customer-centric models and technological adoption, presents a blueprint for transformation.

Furthermore, Margeaux’s insights into the demographic shifts within the insurance workforce suggest an impending knowledge gap, one that technology, and platforms like IRYS, can bridge by facilitating knowledge transfer and enhancing the skill set of new entrants.

Margeaux reminds us that the path to innovation is often paved with challenges, learning, and an unwavering resolve to make a difference.

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