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JANTHANA KAENPRAKHAMROY , CEO AND FOUNDER OF TAPOLY
Comprehensive InsurTech firm Tapoly has enjoyed strong growth in recent years , thanks in part to its mission of driving digitalisation in insurance and making communication between insurers and distribution partners seamless . Here , Janthana Kaenprakhamroy , CEO and Founder of Tapoly , tells us how she has overseen the company ’ s growth , the measures she believes are needed to ensure more women achieve leadership roles and the importance of technology for future progression .
Janthana Kaenprakhamroy is the CEO and Founder of comprehensive InsurTech Tapoly , winner of Insurance Provider of the Year at the British Small Business Awards 2018 .
Janthana was listed by Forbes as number 6 of the Top 100 Women Founders to watch , is among the top ten InsurTech female influencers according to The Insurance Institute and was recently named Insurance Leader of the Year at the Women in Finance Awards 2021 .
Tell us a bit more about Tapoly and the clients and markets served ?
Tapoly is an award-winning digital Managing General Agent ( MGA ) providing a full stack of commercial lines insurance tailored specifically to the unique requirements faced by SMEs , microbusiness owners and freelancers .
In addition , we also provide a SaaS solution to connect insurers with their distribution partners to aid communication , data transfer and enable automation . We build bespoke , end-to-end platforms encompassing the whole customer journey , but can also integrate our APIs within existing systems .
How has the business grown since it started and how have you ensured growth ?
To date , we have more than 40 global partners in Asia , North America , Australia , Europe and the UK . Alongside this , we have sold more than 18,000 insurance policies and are always looking to expand our product line and partnerships .
Our latest launch is a new treatment risk insurance product , in partnership with Peach Pi , that uses our SaaS platform to give auxiliary health professionals cover tailored to their activities .
I have ensured growth by maintaining a growth mindset . Being a business owner means facing challenges each day , so I am always learning from those around me and expanding my network . I also think it is important to keep maintaining the values to support learning and development , such as reliability , working hard and being on time . This growth mindset also helps to build my resilience , which has certainly been important over the past 18 months .
What has your career looked like so far ?
I trained to be a chartered accountant and have previously worked in investment banking ; my last job was as an internal audit director at UBS . Before founding Tapoly I also worked at Deutsche Bank and JPMorgan Chase , so I had a great deal of experience in the FinTech sector .
Since we founded Tapoly in 2016 , we have maintained an average yearly growth rate of 200 %. This has continued over the course of the past 18 months , despite the challenges presented by the COVID-19 pandemic .
To reach this , we have secured multiple rounds of investment and are now in the process of raising a further £ 2 million , with 60 % committed .
The concept for Tapoly came in 2016 when I decided to let my flat through Airbnb . I searched for an insurance policy that would protect my property , protect my guests and protect me against the risks of doing business while providing the kind of short-term flexibility the sharing economy thrives on , but I couldn ' t find one anywhere . So , Tapoly was born , along with my co-founder Sam , and we have been building and expanding the business ever since .
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