Episodes
Sunday Nov 12, 2023
Sunday Nov 12, 2023
Arbol, an MGA specializing in parametric insurance, has been rapidly growing and expanding since we last spoke a year ago. Arbol recently announced a partnership with reinsurer Beazley, enabling them to deploy capacity in the US for weather risks. Tune in to Henry Gale, Senior Research Analyst at InsTech as he speaks to Arbol’s CEO, Sid Jha, about Arbol’s plans to target unmet risks in the energy and agriculture sectors and its new products to help companies manage climate risks beyond insurance.
Key talking points include:
- Insuring renewable energy and agribusinesses with parametric
- Helping companies understand their exposure to climate risks
- Measuring carbon offsets and the potential for carbon credit insurance
- Building an ecosystem for climate risk management
- Hybrid parametric insurance for difficult-to-insure risks
- "Climate risk time bombs" in our financial system
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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 parametric insurance mitigates climate risks.
- List areas within different industries where parametric insurance can close the coverage gap.
- Explain how parametric insurance can help understand both past and future pay-outs with 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 274 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 Nov 05, 2023
Sunday Nov 05, 2023
Addresscloud has grown from a team of three to a team of eleven since InsTech last spoke to Founder and CEO, Mark Varley.
In this episode, Matthew’s discussion with Mark covers Addresscloud’s core services such as geocoding and peril risk assessment, and its recent launch of a new management platform called Addresscloud Risk. Tune in to hear more about fire blocks and how Addresscloud utilises open-data sets to simulate fire spread for insurance purposes.
Key talking points include:
- Utilizing open-data sources
- Working with serverless technology
- Partnerships with Allied World Insurance and solving their pain points
- A look back to the InsTech and Addresscloud Breakfast Event
In addition to hearing about Addresscloud’s work with Allied World, we talk about other partners including Cytora, Send, Flood Re and hyperexponential.
For more information about Addresscloud and Risk, visit instech.addresscloud.com
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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 methods to managing accumulation of risk.
- Summarise why real-time risk assessment is crucial.
- List various reasons why partnerships drive strategic growth.
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 273 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 Oct 29, 2023
Sunday Oct 29, 2023
Capgemini is an information technology services and consulting company which partners with businesses to develop innovation solutions.
In this episode, Matthew Grant speaks to Kristofer le Sage de Fontenay, Insurance Leader at Capgemini, about the company's investment in generative AI. Capgemini is focusing on helping clients solve their pain points through digital solutions, investing $2 billion USD in generative AI over the next three years and recruiting 30,000 new people with expertise in data and artificial intelligence. Tune in to find out how Capgemini is trying to alleviate pain points including legacy systems, data access and control, and talent acquisition.
Talking points include:
- Developing and investing in generative AI
- Consumer trust in generative AI
- The potential for advertising through AI
If you like what you're hearing, please leave us a review on whichever platform you use or contact Kristofer le Sage de Fontenay and 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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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 be deployed and developed within a company.
- Define various pain points in the insurance industry and their causes.
- Summarise the factors that need to be considered before integrating generative AI into an industry.
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 272 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 Oct 22, 2023
Jason Liu, CEO: Zywave: Focus on the customer front-end (271)
Sunday Oct 22, 2023
Sunday Oct 22, 2023
Zywave provides a platform of modular solutions that enables digital distribution and revenue operation optimisation for insurers and brokers.
Over the past five years, the company has made ten acquisitions, spending nearly $1 billion dollars to bring leading brands and innovative companies together under one unified organization. Join Matthew as he speaks to Zywave CEO, Jason Liu on how the company is a fast growing and ambitious player in the space, as well as how it focuses on the customer and external front-office operations.
Curious to find out more? Jason Liu co-authored with Don Bailey “The Sales Revolution” on demystifying digital distribution.
Key talking points:
- Evolution versus revolution - when disruption is your friend
- Why focus on the customer front end trumps back end
- Merging data and software - acquisitions that allow software to be more intelligent and automated
- Funding in 2023 - the Impact of private equity on insurance
- Top tips for a CEO - Running, mental health and company culture
If you like what you're hearing, please leave us a review on whichever platform you use or contact Jason Liu and 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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Explain how data and software integration can occur
- Identify why Application Process Interfaces (APIs) are key for industry integration
- Summarise the changes the insurance industry has seen due to private equity
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 271 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 Oct 15, 2023
Sunday Oct 15, 2023
Robin speaks to Liselotte Munk, CEO of core administration system provider Fadata, available across all major lines of business to help insurers contribute successfully to the security and well-being of customers.
Join Robin and Liselotte as they discuss meeting customer demands in an increasingly digital world, the benefits of a diverse and global workforce, the power of networking and the experience of running the insurance technology company as a woman CEO.
Topics covered include:
- The importance of trusting yourself
- The shift towards cloud-based solutions
- Experience of being a women in technology and insurance
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Summarise how networking can help develop and grow your company
- Specify the various factors needed to run a successful technology company
- Explain the value of a global and diverse workforce
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 270 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.
Wednesday Oct 11, 2023
Jakub Dryjas: CEO, Tensorflight: Connected property data (269)
Wednesday Oct 11, 2023
Wednesday Oct 11, 2023
Tensorflight uses AI, aerial and street view imagery to provide property data for risk analytics on commercial, personal and industrial properties globally.
Matthew Grant was joined by Jakub Dryjas, CEO of Tensorflight. They discuss various topics including the importance of partnering, advances in commercial property information by using AI, and tips for aspiring CEOs.
Talking points include:
- What makes Tensorflight different in the aerial imagery space
- Lessons from a tech start-up CEO
- Why collaboration is necessary
- Developing commercial property characteristics
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Explain how AI is being used in commercial property analysis
- Describe the necessary differences to be considered when scaling property data globally
- Identify the key methods to successfully leading a technology company
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 269 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 Oct 08, 2023
Sunday Oct 08, 2023
What does parametric insurance mean to Jonathan Gonzalez, Co-founder and CEO of Raincoat?
Raincoat is a technology company that works with brokers and insurers to develop and distribute parametric climate insurance for consumers in at-risk regions. The company is involved in parametric schemes around the world and aims to extend parametric protection to those exposed to disasters globally.
In this week’s podcast Jonathan speaks to InsTech’s Henry Gale, to discuss how Raincoat has expanded since the last podcast, and asks us to consider whether parametric insurance will ever simply be known as “insurance”?
Talking points include:
- Lessons from operating parametric programmes where pay-outs were triggered
- Why parametric insurance is relevant across the world
- Raincoat’s approach to collaboration with brokers, insurers and distribution partners
- How parametric insurance is a “tool”
- Consumer attitudes to parametric
- How will the category of “parametrics” evolve in the future?
To continue learning about the parametric insurance market, download our report "Parametric Insurance in 2022: the 150+ Companies to Watch".
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Explain what parametric insurance is and how it can be scaled in the future
- Summarise the importance of collaboration in innovation
- Identify what lessons can be learnt from historical data and previous pay-outs to inform and aid the development of parametric 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 268 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 Oct 01, 2023
Sam Taylor & Paul Merrey: KPMG: Generative AI - the insurer’s guide (267)
Sunday Oct 01, 2023
Sunday Oct 01, 2023
Chat GPT was launched a year ago in November 2022, and its existence has consistently brought to the forefront questions surrounding adoption and implementation of AI and technology. It comes as no surprise that insurers are increasingly exploring new opportunities made possible by generative AI.
In this podcast, Matthew Grant speaks to Sam Taylor and Paul Merrey from KPMG to discuss how generative AI tools can be integrated into the insurance industry. The conversation covers the importance of education and experimentation with regards to the implementation of AI, as well as the exciting developments occurring as a result of KPMG Ignition as well as Microsoft Copilot.
Key talking points:
- How the insurance industry is embracing generative AI
- Why technology moves quickly and then slowly
- How generative AI can help people do their roles better
- Chat GPT the librarian
- KPMG’s Summer of AI: educate, adopt, and infuse artificial intelligence
- Why experimentation is key to understanding the power of generative AI
Want to learn more?
Find below links to some key reading recommended by Sam Taylor and Paul Merrey on topics covered in this week’s podcast:
- Generative AI: From buzz to business value - 2023 KPMG Generative AI Survey Report
- KPMG/ Microsoft collaboration
- Insurance and Artificial Intelligence - the benefits and ethical considerations:
- Strategic Implications of Generative AI
- Trust in Artificial Intelligence: A global study (kpmg.com)
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Identify key areas in which generative Artificial Intelligence can be implemented into the insurance industry
- Explain the positive and negative aspects of moving toward greater integration of Artificial Intelligence and Large Language Models
- List some of the recent technological advancements in the insurance industry
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 267 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.
Wednesday Sep 27, 2023
Wednesday Sep 27, 2023
The first podcast in our series with PwC touches on the Scale-up programme for insurtechs and the key to transformation in speciality insurance. Matthew Grant speaks to Anthony Joseph, Partner and Andrew Caswell, Director of Insurance Consulting at PwC UK, on why insurers are now progressing with the move to digitization, what transformation really means and how - and which - insurtechs are the key to change.
Talking points include:
- The PwC insurtech Scale-up programme
- Digital adoption in the industry
- Specialty insurance and transform
- New generations of underwriters and new tools
You can find out more about PwC, their Scale-up programme and the successful candidates of Scale-up 2023 here.
In addition to hearing about PwC, we talk about transformation in the insurance industry touching on various InsTech members including Allphins, Cytora, hyperexponential, Send, Apollo Underwriting, Artificial, Convex, Rethink (Howden) and Vave.
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Explain how the insurtechs can help innovate the insurance industry
- Describe how transformation differs from digitisation
- Identify the various methods of digital adoption
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 266 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 Sep 24, 2023
Sunday Sep 24, 2023
Parsyl is an integrated risk management and insurance solution for supply chains in food and health, which underwrites policies globally via its managing general underwriter in the US, its Lloyd’s cover holder and its Lloyd’s syndicate (Syndicate 1796).
Robin Merttens is joined by Gavin Spencer, Chief Insurance Officer at Parsyl, to discuss how the company is able to establish its identity as a data-led insurtech and a Lloyd’s of London consortium. This episode touches on the importance of data in improving underwriting, growth and development of start-up businesses, as well as how traditional marketplaces can cooperate and collaborate with leaders of innovation.
Talking points include:
- How Parsyl translates Math into English - the power of insights from data
- The low-hanging fruit model
- Lloyd’s, consortiums, syndicates and more
- Data Darwinism
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 - Learning Objectives
InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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:
- Explain the definition of a data-led insurtech
- Describe the role data plays in business growth
- Identify the key collaboration techniques to get the most out of your business model
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 265 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.