InsTech London - insurance & innovation
Matthew Grant & Robin Merttens - the InsTech London partners chat with Insurance Insider’s Catrin Shi (86)

Matthew Grant & Robin Merttens - the InsTech London partners chat with Insurance Insider’s Catrin Shi (86)

June 7, 2020

Another slight shift for this week's episode. The tables were turned and Robin Merttens and Matthew Grant were interviewed as one of the keynotes for the recent Insurance Insider event "InsiderTech". Catrin Shi asked such great questions - and we haven't recorded a partners' chat for a while - so we polished it up and here it is. We managed to fit all of these into 30 minutes:

- What does Insurtech actually mean these days?

- How is funding getting in for insurtechs, start-ups and others?

- Acceleration in activity over last few months?

- Are we seeing a once in a decade opportunity now?

- What's happening in innovation at insurers themselves?

- Data - good or bad?

- Advice for innovation mangers at insurers?

More information about Insurance Insider here  https://insuranceinsider.com/

Comment directly on the podcast or contact Matthew Grant on Linkedin here

Know which bird is singing in the background? Tell us at Hello@Instech.London

A summary and transcript of this discussion is available on request

Find out what we are up to at Instech London at www.instech.london

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 Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

Frank Perkins, CEO, Inari: Technical tips to enable insurance innovation (85)

Frank Perkins, CEO, Inari: Technical tips to enable insurance innovation (85)

May 31, 2020

Whether launching a start-up or running a major company, the decisions you make about the technology you use and the people working closely with you will be critical to the success of your business. 

In this episode Matthew Grant talks to Frank Perkins, CEO and founder of Inari. Frank comes from a background of building technology whilst working inside major insurance companies and in 2017 launched Inari. Frank and his colleagues participated in the Lloyd's Lab in 2019 and are providing the underwriting infrastructure and analytical tools for companies in the UK and Europe.

In this episode we asked Frank to give his advice on areas that include:

- How to find your technical co-founder or CTO

- How to work with outsourcing companies to build your technology

- How to specify development work

- Legacy, and how to work around it

And a lot more

Comment directly on the podcast or contact Matthew Grant on Linkedin here 

A summary and transcript of this discussion is available on request

Find out what we are up to at Instech London at www.instech.london

Sign up to our newsletter for a fresh view on the world every Wednesday morning

 Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

 

 

 

 

Ki, the algorithmic underwriter. Mark Allan, CFO & James Birch, Head of Innovation, Brit Insurance (84)

Ki, the algorithmic underwriter. Mark Allan, CFO & James Birch, Head of Innovation, Brit Insurance (84)

May 24, 2020

Whilst some organisations may look elsewhere to blame for the increasing costs of placing insurance in London, Brit has decide to strike out and show what digital can mean for an established company with the launch of Ki, it's algorithmic syndicate. In this episode Matthew Grant talks to Mark Allan CFO of Brit, and James Birch, head of innovation to learn about the motivation for launching this new initiative, how it will work and why they chose to partner with Google Cloud and University College London. 

Topics covered included:

  • What is a lead-follow syndicate?
  • How will Ki select what it wants to underwrite?
  • Is the algorithm smart enough to admit when it doesn't know the answer?
  • What is the human oversight? Is an active underwriter required?
  • What are the implications for the future of Insurtech
  • organizations, rather than a start-up or a scale-up?
  • What does Lloyd's think about this?
  • What and why is Ki "anywhere, anytime"?

More information on Ki at - https://www.ki-insurance.com

Comment directly on the podcast or contact Matthew Grant on Linkedin here 

A summary and transcript of this discussion is available on request

Find out what we are up to at Instech London at www.instech.london

Sign up to our newsletter for a fresh view on the world every Wednesday morning

 Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

Sean Ringsted, Chief Digital Officer, Chubb; Prevent & Predict - IOT Success Stories (83)

Sean Ringsted, Chief Digital Officer, Chubb; Prevent & Predict - IOT Success Stories (83)

May 17, 2020

The potential for sensors, data and IOT (Internet of Things) to dramatically improve risk reduction has been known for many years. Telematics are now widely used for motor insurance,  but some insurers still struggle to find ways to effectively partner with their clients to integrate the use of IOT into their overall offering.

Sean Ringsted is chief digital officer at global insurer Chubb. He's also the company's chief risk officer and was formerly chief actuary, sitting on the company's executive committee. He is one of the best-placed people in the industry to both know, and influence, the use of IOT, and he's a big supporter of the "prevent and predict" approach to insurance.  When we spoke to Sean for episode 35 in July last year he spoke enthusiastically about the use of sensors and IOT, and referenced some of the companies Chubb was working with.

For this episode Matthew Grant and Sean talk specifically about examples of how Chubb is supporting its clients with IOT solutions that are providing benefits for their clients and for Chubb. They also discuss what can be done today, and what the opportunities are further into the future.  Topics include:

  • Why IOT offers so much more than just risk pricing
  • Recovery of multi-millions of dollars of stolen computers through the use of tracking sensors
  • The prevention of major water damage to a college through early intervention
  • Working with brokers to support the client
  • Real-time exposure measurement
  • Who should pay
  • The opportunities and challenges of wearables

A summary and transcript of this discussion is available on request

Find out what we are up to at Instech London at www.instech.london

Sign up to our newsletter for a fresh view on the world every Wednesday morning

 Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

Andy Thomas & Melanie Hayes, Co-Founders, Kynd, Making Cyber Simple (82)

Andy Thomas & Melanie Hayes, Co-Founders, Kynd, Making Cyber Simple (82)

May 10, 2020

With all the attention on COVID-19 just now there is a risk we forget one of the other emerging risks of the last few years - cyber. But of course it's still very much a threat and, in some areas, growing. Most large companies will have their own CISO (Chief Information Security Officer) but for smaller or medium sized companies it's harder to be able to assess their exposure, understand how to reduce the risk and know what insurance options are available.

Kynd was only founded two years ago by Andy Thomas (CEO) and Melanie Hayes (Chief Marketing Officer) but is already establishing its as one of the companies that SMEs can turn to, and brokers use, to assess and mitigate cyberrisk.

In this episode Matthew Grant talks to Andy and Melanie to find out the cyber risk facing companies, how to manage it, what Kynd is offering and how it works. 

Areas covered include:

  • A quick and free test for companies to assess their areas of potential exposure
  • Statistics from the Kynd study of 200 of the UK AIM listed companies that reveals what their own cyber vulnerabilities are
  • The Kynd "broker buddy" system to help brokers help their clients
  • How and why the company has been able to scale up, and find clients so quickly

To find out about companies building cyber models, head over to Episode 28 with our interview with Pascal Millaire.

Find out what we are up to at Instech London at www.instech.london

Sign up to our newsletter for a fresh view on the world every Wednesday morning

 

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

 

 

Nigel Walsh, Partner at Deloitte and insurtech guru (81)

Nigel Walsh, Partner at Deloitte and insurtech guru (81)

May 3, 2020

Nigel Walsh has been helping the insurance industry get to grips with the opportunities offered by technology for many years - both in his day job as a partner at consulting firm Deloitte, and as a regular speaker, writer and co-host of the Insurtech Insider podcast.

In another lively discussion, Matthew Grant talks to Nigel, covering a wide range of subjects including:

- Has insurtech lived up to its potential?

- Will the future of insurance give us more choice, but more complexity or less choice but more simplicity?

- Starting up your own business or staying employed?

- Why insurers need to call us by our names, not our numbers

And of course a whole lot more

Find out what we are up to at Instech London at www.instech.london

Sign up to our newsletter for a fresh view on the world every Wednesday morning

 

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

 

Sai Lakshmi, Caura and Amit Patel, Hlthie: Founders we’re watching (80)

Sai Lakshmi, Caura and Amit Patel, Hlthie: Founders we’re watching (80)

April 26, 2020

We like to mix it up for our events - a chance to hear from some established companies, insurers and the newcomers. Part of our philosophy at InsTech London is our "pay forward" approach. We lookout for the best upcoming companies, or even just great people with great ideas - and we give them a place to talk about what they are up to. We've been delighted to have so many of our early speakers return as corporate members in the last couple of years supporting what we do, and getting more benefits from our network once they have funding. 

These two interviews were recorded live in February at The Steelyard. Sai Lakshmi from Caura and Amit Patel from Hlthie both have great stories to tell about their own emerging businesses including:

- Establishing market fit

- Developing partnerships

- Building a career to gain experience

Find out more about what we are up to at Instech London on the website www.instech.london

Sign up to our newsletter to find out what we are thinking each week and how to contact us if you think you've got something worth talking about. 

 https://www.instech.london/podcasts 

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

 

Andy Wiggans: BrightTALK: Live connection in a locked down world (79)

Andy Wiggans: BrightTALK: Live connection in a locked down world (79)

April 19, 2020

Live events can still exist even if we can't all hang out together in the same place. In this episode, Matthew Grant is talking to Andy Wiggans of the digital video platform BrightTALK about best practices for sharing content and engaging with your customers. Not surprisingly BrightTALK has seen a massive increase in usage for its platform over the last few weeks as its client base of over 1,500 companies relies on it to talk directly to their clients and prospects. 

At InsTech London we are now running weekly events on BrighTALK, talking to more of the leaders in technology, innovation and insurance. We have been able to keep up the spirit of our live events, and are quickly building up a growing audience to complement our weekly podcasts. You can see more of what we are doing at the BrightTALK InsTech London channel 

See more of what we are up to including all our prior events at www.instech.london

Thanks to Vlocity for sponsoring our BrightTALK channel 

Partners’ Chat - April 2020: Matthew and Robin launch our new live events programme (77)

Partners’ Chat - April 2020: Matthew and Robin launch our new live events programme (77)

April 7, 2020

Matthew Grant and Robin Merttens discuss the latest insurance, innovation and insurtech news that has caught their attention. 

The conversation took place to launch our new series of live events on Brighttalk, where we'll be bringing you news and interviews until we can relaunch our events at The Steelyard in London. 

You can find out more about what we're planning on our new Brighttalk channel, including details of our Insurtech Survival Guide event on Thursday 6 April. 

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

 

Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

Ruth Foxe Blader: Partner at Anthemis Group: Investing to create new opportunities (76)

Ruth Foxe Blader: Partner at Anthemis Group: Investing to create new opportunities (76)

April 5, 2020

Anthemis is one of the most well known investors in technology start-ups and scale-ups supporting insurance and financial services. Portfolio companies include: Goji, Flock, Hockodo, Insurdata, Quantemplate, Stable, Trov, Tremor and Yulife.

Matthew Grant caught up with Anthemis partner and former lead investor at Allianz, Ruth Foxe Blader, to learn about how and why Anthemis invests. The discussion covers life before and during the pandemic, as well as a look to the future state of fintech and insurtech. 

A great discussion with another instech.london member company.

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

After listening to Episode 76 you will know:

  1. What Anthemis Group means by "embedded finance"
  2. How it evaluates companies for the fund
  3. What characteristics it looks for when meeting companies

Complete the InsTech London Podcast Feedback Survey to claim your CPD time.