Descartes Underwriting’s Post

In our latest episode of (Re)thinking Insurance, Magdalena Ramada Sarasola, PhD and Iain Whittingham join Charlie Samolczyk to discuss what ‘dynamic products’ are, and how they can impact insurance. Listen to the episode: https://ow.ly/qEnP50QHHs8 #insurers #technology #talkingtech #dynamicproducts

#dynamicproducts are about #datadriven decision making influencing #insurance product design. They are about #increasing the value of insurance to its #customers and closing the #protectiongap - but they are also about generating data at a much more granular - modular, component, clause and sub-clause - level, to understand, monitor and manage #risk aggregation and accumulation, loss drivers, product performance and #claims leakage where they originate: at the stage of product design, which needs to stop being monolithic and one-size fits all and start producing data where and when it is due. Are your systems and tech stack able to deal with products that can adapt to customers and/or over time? Are you currently able to optimize multidimensionally over #pricing, #underwriting and product design? If not, let us know. At WTW we have the tools and the expertise to help you with that. #podcast #rethinking #insurance #insurtech #innovation

What does the insurance industry need to keep up or even get ahead of the macro-level pressures underwriters will face as exposures continue to evolve in the future? Adam Denninger, Global Industry Leader for Insurance, Capgemini, believes we need to build better access to data like natural peril risks across the entire industry in ways that are standardized, robust and reliable. Watch the clip at https://lnkd.in/eX5sE7yG and catch the full episode at https://lnkd.in/euCekZ5B #futureofinsurance #insurtech #insurance #podcast

The continuity of the vision and direction can be critical to help an organization keep pushing through all the changes, pressures and distractions that can get in the way of delivering change. Brent Hammer shares how critical that’s been at Grange Insurance. Watch the clip at https://lnkd.in/eTqeUhb7 and catch the full episode at https://lnkd.in/esFPX3gv #insurtech #insurance #futureofinsurance #innovation

Product Management, an idea Progressive brought to Insurance in the 80s, is about thinking of insurance as a consumer-facing product, the service and technology needed to make it better for consumers, and the pricing and marketing needed to succeed. It was a novel idea to insurance then, but is the norm in so many industries today, and Bill Martin of Plymouth Rock shares more about that here. Watch the clip at https://lnkd.in/et7P2VGn and catch the full episode at https://lnkd.in/eiCMVydF #insurtech #insurance #futureofinsurance #innovation

💡 How do you choose the right insurance? 🤨 I joined Charlene H. Cong, CFA on Charlene’s podcast to discuss choosing the right insurance to ensure you're protected against unexpected financial setbacks. 🔹 Is insurance really necessary? Find out why you can't afford to skip it! 🔹 How to choose the perfect insurance coverage for your needs! 🔹 Insider tips: How to slash your insurance premiums! Check out the podcast on YouTube (link in comments) #insurance #insurancetips #financialliteracy #financialpreparedness

NEW EPISODE: SOLVING PAIN POINTS YOU DIDN'T KNOW YOU HAD Today’s guest is one of the most remarkable and exceptional people I have had on the show. Guillaume Bonnissent is the CEO of Quotech, a business he founded just over four years ago. With over 20 years in underwriting Guillaume can boast one of the most eclectic resumés of any of his peers. He’s written almost every class going, via almost every distribution channel in the insurance value chain, spanning specialist insurance, treaty reinsurance, portfolio underwriting and an MGA. This gives him a unique perspective on the needs of underwriters of all shapes and sizes, and indeed brokers too. But the really remarkable bit is that he has always been a technologist. He learned coding as part of a business degree and has kept his skills up to date. This meant that when in his last role he was looking for some software that it turned out didn’t exist, he was able to write a prototype version of what he needed himself. The tool worked and he quickly saw the potential for a new software business and Quotech was born. It’s a remarkable story which is really all about giving teams everything they need to do their jobs better. It’s a very rare story of software made by an underwriter for underwriters. In this podcast we’ll certainly learn all about Guillaume’s original inventions, which are being adopted by some very influential market businesses, but we’ll also have a really deep and far-ranging discussion about the long-term consequences of digitisation and artificial intelligence on the insurance value chain. Guillaume is a real London Market original and I found it really easy and fun to talk to him. Listen on and I think you will find it as enlightening and enjoyable as I did. https://lnkd.in/ez852tR2 #insurtech #insurancepodcast #insurance

Macaii's latest podcast episode "Changing the Conversation" is with our CEO Phil Denman. Phil shares his unique insights on the necessity of building and nurturing impactful partnerships in insurance and the need for pace and quality. 🔗 Listen here and we'd love to hear your insights and thoughts. https://lnkd.in/ekFDb88R And if you are are interested in having a chat about Capacity Insights please get in touch. #changingtheconversation #macaii #insurance #insurancepodcast #mondaythoughts #phildenman #travelschemes #MGA

How Insurance Adjusters Undermine Claims Are insurance adjusters undermining your claims? 🧐 Find out in this must-listen episode of Be Authentic or GTFO Podcast with Douglas Quinn. Learn about the tactics adjusters use and how you can safeguard your interests. Don’t miss these vital tips to ensure fair and just treatment of your insurance claims. Listen today! All platform links are in the comment section. #beauthenticorgtfo #insuranceclaims #insurancetips #policyholderprotection #insuranceadjusters #claimsadjusters

Insurance is based on *our* process – we need things done our way. Yet the consumer doesn’t care, nor should they, says Matt Masiello, CEO of SIAA. The consumer drives the change, and if we don’t give them what they want, when, where and how they want it, then new developments will hurt the industry. Matt sees us getting better, but wants us to keep the customer’s needs in focus as we decide what we do and how we do it. Watch the clip at https://lnkd.in/dkGQ4jZy and catch the full episode at https://lnkd.in/eASJ2cw4 #insurtech #insurance #futureofinsurance #innovation