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100 Women in Insurance

049: Becoming a mum while launching the first US based Pet Insurance Company - From idea to success with Laura Bennett

03 Oct 2024

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Summary: This episode is sponsored by Send. Join us on for an episode where Laura Bennett shares her inspiring journey through actuary to entrepreneur. From sparking an idea during her MBA to building the first pet insurance company in the US, Laura’s story is one of determination and innovation. As she navigated the complexities of entrepreneurship alongside motherhood, the company, Laura co-funded, grew to an astounding $1.5 billion in sales, showcasing her remarkable impact on the industry. Takeaways: Laura transitioned from a traditional actuary role to launching a startup. Balancing the demands of motherhood with her entrepreneurial ambitions, Laura underscores the importance of having a supportive partner. Laura candidly discusses the challenges of securing venture capital, highlighting the specific hurdles faced by women in the startup ecosystem. Sound Bites: "Starting a company while becoming a mother taught me resilience on an entirely new level." "Navigating venture funding was as challenging as it was rewarding, leading to monumental success." Resources: Connect with Laura Bennett on LinkedIn About Send: Send is an award-winning insurance software company. It’s flagship product is an AI-enabled Underwriting Workbench – a single platform from submission to bind, and beyond. The platform helps commercial and speciality insurers around the world drive greater efficiency, control and effectiveness. It has rich out-of-the-box functionality, workflow templates for over 40 lines of business, and proven deployments in multiple geographies. About the Host: Connect with Sandra on LinkedIn and explore more insights: Sandra’s LinkedIn Find out more about 100 Women In Insurance Collective, where we bring together women in insurance to network, enjoy fun events and find their own career success. The vision is to increase gender equality as well as senior female talent retention in insurance.

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