Episodes
Sunday Apr 14, 2024
Sunday Apr 14, 2024
Optalitix was borne out of the need for ‘optimization’ and ‘analytics’, as Co-founder and Director Dani Katz realized the biggest blocker for insurance companies was converting spreadsheets. Having now expanded beyond spreadsheets, Optalitix offers three software products to UK (re)insurers and MGAs.
Robin Merttens spoke to Dani about the spreadsheet polemic, innovation in the London Market and the permeability of finding solutions to difficult problems in both work and personal life.
Key talking points include:
- Growing out a company - solving challenges for insurers
- To spreadsheet or not to spreadsheet
- Reflecting on how far digitisation has come in the industry
- Suns and roofs - best moment to innovate
- Underwriting workbenches - where to start? - Find out in InsTech's recent report
- Joining Google Cloud Marketplace
- Founding a charity
Read Matthew’s tips on being a panel host here.
If you like what you're hearing, please leave us a review on whichever platform you use or contact Dani Katz or Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe how the London Market can adopt digital transformation
- Explain how an underwriting workbench operates and how an insurer can adopt them
- Identify the issue with spreadsheets and what are the pros and cons of using them
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 298 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Apr 07, 2024
Sunday Apr 07, 2024
Robin Merttens is joined by Ben Ruddle, Senior Principle in Strategy at Publicis Sapient, to discuss how technology can help insurers cater to customers outside the typical insurance model. The discussion covers the concept of 'Beyond Beige,' focusing on the opportunity to serve individuals and businesses with unique or specialized needs that standard insurance products don't cover.
Key talking points include:
- The rise of comparison sites
- What is ‘Beyond Beige’ - the opportunities in the market
- Publicis Sapient's expansion into insurance
- Addressing the issue of underserved markets
If you like what you're hearing, please leave us a review on whichever platform you use or contact Ben Ruddle or Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Specify why comparison sites are not helpful to the customer and their insurance journey
- Define what markets are typically underinsured and why
- Identify how incumbents can utilise technology to help better serve niche markets
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 297 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Mar 31, 2024
Verena Brenner, Founder: HDI TH!NX: Insurer-led innovation (296)
Sunday Mar 31, 2024
Sunday Mar 31, 2024
HDI TH!NX was founded in 2019 by Verena Brenner, initially operating within the German insurer HDI Global, as an incubator for IIoT solutions.
Now providing software to support risk management applications for insurers and insurance clients, tune in to hear Verena discuss the mechanics behind founding a startup within an insurer and the company’s development in providing varying solutions for their customers.
Key talking points include:
- Why HDI TH!NX was launched - from a PhD in global supply chains to utilising the impact of IIoT solutions
- The centrality of the customer
- Advice for launching a startup - innovation is not a hobby
- Growing into the ESG space - evolution in the company’s direction
- Helping insurers understand their risk better
If you like what you're hearing, please leave us a review on whichever platform you use or contact Dr Verena Brenner or Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Specify what is required to successfully develop a business model intended to help insurers
- Define what an IIoT is and how it can help risk managers and insurers in understanding their risk better
- Identify sectors where IIoT and sensors are valuable in collecting the right data
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 296 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Mar 24, 2024
Sunday Mar 24, 2024
How would your clients describe you?
This week on the podcast we have taken a slightly different approach and brought Previsico’s clients, Zurich Muncipal and Donaldson Timber, to discuss how Previsico has helped them with flood risk management.
Previsico provides real-time flood forecasts, as part of its mission to reduce global flooding impact, by developing technologies that offer early warning systems for surface water flooding. Discover the importance of collaboration by hearing from Dr Avi Baruch and his work with Allison Whittington at Zurich Municipal and Mark Murphy at Donaldson Timber.
Key talking points:
- The start of Previsico: a PhD research project
- Client Insights: Zurich Municipal's approach to flood resilience
- Exploring the impact of floods and the importance of early warning systems
- The role of insurance in flood risk management and resilience building
- Operational challenges and solutions in flood risk management
- Exploring the complexities of Sustainability and ESG Commitments
- The role of insurance in supporting sustainability
- Client Insights: Donaldson Timber's proactive flood risk management
If you like what you're hearing, please leave us a review on whichever platform you use or contact Dr Avi Baruch or Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe why developing warning systems for surface water flooding is important in the insurance industry
- Define why collaboration is important across the insurance industry
- Summarise how partnerships with insurers can help with the operational advantages of adopting new technologies
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 295 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Mar 17, 2024
Sunday Mar 17, 2024
Groundwater flooding poses a great risk to properties in the UK but remains much less widely modelled than other types of flooding.
This week, Matthew Grant caught up with Mark Fermor at GeoSmart, a company specializing in flood data analytics in the UK. They discuss GeoSmart's role in providing detailed flood risk assessments, leveraging their advanced modelling tools that cover all sources of flooding and how they are helping other organisations access and understand open-source data.
Key talking points:
- Discovering the hidden cause of flood risk
- What problems are GeoSmart helping insurers to solve
- Different ways to experience a flood
- The issue of groundwater beyond the UK
- Open-source data - how GeoSmart can help
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe what groundwater is and why it is an important factor to model to understand flooding
- Explain how open-source data can help the insurance industry understand risk better
- Summarise what flood models are and how GeoSmart produces their models
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 294 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Mar 10, 2024
Chris Temple & Christine Brogan: PwC: ESG - from ambition to action (293)
Sunday Mar 10, 2024
Sunday Mar 10, 2024
PwC’s Chris Temple and Christine Brogan join Matthew Grant to discuss transformation in insurance, specifically steering organizations towards achieving their ESG goals.
The conversation covers the role of technology and AI in driving change in insurance as well as building resilient business models for the future. This episode is a great introduction to how ESG operates in the financial sector and how transformation in insurance is made possible through collaboration.
Key talking points:
- Understanding ESG - what are the main priorities business need to consider to be successful in the future
- Transforming insurance - how AI can help
- The importance of strategy driven by data
- How the Life Insurance sector got it right
- Balancing commercial gain with progress
- Defining “baseline” - current carbon output
- The biggest driver of innovation is regulation
- FSTE 100 and sustainability
- Our upcoming Investor Networking event sponsored by PwC
For more information, please see the following PwC reports:
- PwC UK 2024 Energy Survey
- Hold your nerve to maintain momentum: our 2024 actions for sustainability leaders
- Sustainability Reporting in 2024
- Banana Skins Survey Report
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe how generative AI can help implement ESG measures in insurance
- Specify what is meant by ESG and its role in insurance
- Summarise what companies can do to become Net Zero in the future
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 293 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Mar 03, 2024
Tom Wilde, CEO: Indico Data: Better decisions with better data (292)
Sunday Mar 03, 2024
Sunday Mar 03, 2024
“This economy we are heading into [...] we are referring to as the decision economy”.
Robin Merttens spoke to Tom Wilde, CEO of Indico Data on how the company's intelligent intake solution is shaping the decision-making process in the insurance industry by structuring unstructured data.
Data is important in our current 'decision economy'. Indico Data applies generative AI to help insurance companies handle complex and high-volume data challenges, particularly in commercial and specialty lines.
Covering the AI hype cycle, the concept of hallucinations and avoiding hyperbole, tune in to hear Tom Wilde discuss generative AI and why it is an important language for insurers to utilise.
Key talking points:
- Founded by undergraduates - how Indico Data started
- In the hype cycle - avoiding hyperbole and thinking rationally
- Defining generative AI - not an application but a language
- Indico Data's role in the insurance industry - the data problem
- Programmed with the user in mind
- Specialising in commercial insurance
- Indico Data’s decision to enter the UK market - and off-siding with some football anecdotes
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Specify why capturing the right data as quickly and as accurately as possible is significant in insurance, to drive correct decision making
- Explain the term hype cycle and what this means in terms of generative AI
- Summarise what companies have to focus on when entering a new market
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 292 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Feb 25, 2024
Sunday Feb 25, 2024
Arturo is a property intelligence company which combines multispectral imagery, geographic data and customer portfolio insights with machine learning models in a single platform.
A lot has developed in property intelligence since we last spoke to Arturo on the podcast. Matthew Grant caught up with CEO Marty Smuin about how generative AI is adding a new dimension to property analysis.
Arturo knows that it is expensive to be wrong in insurance. Find out how Arturo is aiming to tackle relying on outdated public records, incomplete tax assessor data and more in this episode.
Key talking points include:
- Using third-party data to reveal greater insights
- Driving innovation - Smuin’s background in technology
- Partnering with Suncorp in Australia
- The power of high-resolution data in underwriting property - how Arturo is tapping into new sources of data
- The impact of generative AI on property risk assessment
For more information on Arturo and how they can help, you find more information about the platform here and reach out to book a demo here.
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe the methods Arturo uses to make property intelligence more accurate to improve the claims process
- Specify how changing climate and weather patterns have a direct effect on property analysis
- Identify ways in which generative AI is developing and innovating property risk assessments
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 291 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Feb 18, 2024
Sunday Feb 18, 2024
Robin Merttens is joined by CEO and President of Verisk Specialty Business Solutions (VSBS), Tim Rayner. The discussion covers VSBS’s acquisitions such as Rulebook and Whitespace for a broader digital ecosystem, and the challenges of decision-making and procurement in the London market.
Key talking point:
- Growth and opportunities in the specialty market
- Acquisitions and the role of Whitespace and Rulebook
- The impact of London Market modernisation on Verisk
- The importance of providing solutions rather than products
- A challenge to the market to innovate
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe how the London Market operates and how it can subsequently modernise its processes
- Explain what an acquisition is and why they are important for a company
- Identify the opportunities for change in the specialty market
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 290 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Sunday Feb 11, 2024
John Mullen, President and CRO: Guidewire: A view from the top (289)
Sunday Feb 11, 2024
Sunday Feb 11, 2024
Since its start in 2001, the insurance platform provider Guidewire has grown to be used by more than 540 insurers in 40 countries. Guidewire's President and Chief Revenue Officer, John Mullen, spoke to Matthew Grant about the company's journey as it continues to grow, the climate of the insurance industry and what are the driving forces of innovation in the company.
Key talking points:
- Why standardisation of critical functions is important in the upcoming year
- How insurers can find ways of being innovative
- Collaboration - working with other corporates
- The value of experimentation
- Supporting InsTech’s New York Event in March
If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.
Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning.
To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co
Continuing Professional Development
This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Specify how community and collaboration can help generate innovation in insurance
- Identify the ways insurance can develop and change in the future
- Summarise the role of technology in insurance
If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 289 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.
To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.