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This week, Matthew Grant caught up with Mark Fermor at GeoSmart, a company specializing in flood data analytics in the UK.
Matthew Grant reflects on podcasts as the InsTech podcast soon approaches the release of 300 episodes, by listing his top 10 insurance flavoured podcasts that you may want to sample.
Whilst parametric insurance solutions are now available for all sorts of risks across the world, there are still a few uses of parametric risk transfer that dwarf the rest of the market by premium volume. In this week’s Parametric Post, new parametric schemes are announced in Mozambique and Malawi, while a reinsurer puts capacity behind an MGA to underwrite more parametric reinsurance across Africa.
This International Women’s Day (Friday 8th March 2024), we brought together four women working across insurance to discuss the stories behind their career growth, the various challenges they had to overcome and key insights into what they wish they had known earlier.
Changes in the weather can significantly disrupt demand and operations for companies in sectors such as energy, construction and events, even if they cause little or no physical damage. As weather patterns change due to global warming, more organisations are choosing parametric insurance to manage their exposures to variability in the weather.
PwC’s Chris Temple and Christine Brogan join Matthew Grant to discuss transformation in insurance, specifically steering organizations towards achieving their ESG goals.
As this month’s issue of Generative AI in Practice shows more examples of insurers using GenAI than ever before, companies need to make sure the right controls are in place for their AI initiatives. This especially applies to consumer-facing use cases.
InsTech’s Ali Smedley recently sat down with distriBind’s Charlie Rock to discuss the challenges with delegated authority data, the recent developments with Lloyd’s core data management service and how distriBind can help.
The claims process is the main opportunity for insurers to impress their customers, but many insurers struggle to provide an efficient and high-quality claims service.
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.
In this week’s Parametric Post, there are a few examples of parametric insurance playing a quite different role, as a perk or benefit.
Shock events, from earthquakes to epidemics, can cause prolonged interruptions to businesses large and small.
Matthew Grant caught up with CEO Marty Smuin about how generative AI is adding a new dimension to property analysis.
In this month’s issue of Climate Risk, we cover new initiatives for reducing the impact of climate events; including a partnership for severe weather early warnings and investment into companies focusing on climate resiliency.
InsTech’s Ali Smedley recently sat down with Guillaume Bonnissent, Founder and CEO at Quotech, to discuss why he decided to build the Quotech platform, how the company works with new data sources and its latest exposure management module.
Wildfires have cost the insurance industry more than $70 billion over the last decade. Early detection and fire prevention strategies are the most effective ways of reducing losses. But to stop the burning quickly, we need to understand how wildfires are starting.
Robin Merttens is joined by CEO and President of Verisk Specialty Business Solutions (VSBS), Tim Rayner to discuss VSBS's evolution and the challenges of decision-making and procurement in the London market.
While mandatory climate disclosures are starting to make organisations more aware of the financial impact of climate change, some less obvious climate risks remain underappreciated. Do these risks represent the parametric insurance market of the future?
Mitiga Solutions, one of the firms helping organisations with mandatory disclosure reporting, recently told us about some of the novel use cases of its climate analytics.
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.
Most technology is ‘deterministic’; it operates under a predefined logic and produces consistent and predictable outcomes. Add a contact to your CRM, and it appears as expected. Query your policy management system about a company, and the details pop up without fail. Even the machine learning algorithm that calculates your car insurance premium is deterministic; feed it the same data and it will produce the same results.