InsTech - insurance & innovation with Matthew Grant & Robin Merttens

What really matters? The insurers’ view (311)

Jul 14, 2024

Guest

Rohit Reddy

Three insurance experts from Liberty Mutual, Arch Capital, and Swiss Re discuss leveraging AI and technology in the insurance sector. They cover challenges in underwriting, build vs buy decisions, and making underwriting more efficient. They emphasize the importance of engaging underwriters and creating a culture of innovation in the industry.

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Episode notes

Intro

00:00 • 2min

Exploring Roles in Insurance Innovation and Strategy

01:58 • 2min

Achieving Underwriting Targets and Efficiency through Technology

03:33 • 5min

Build Versus Buy: Technology Decisions in the Insurance Industry

08:23 • 9min

Improving the Role of Underwriters and Access to Data in the Insurance Industry

17:12 • 2min

In this discussion, Leah Emma from Liberty Mutual, Caolan Kovach-Orr from Arch Capital, and Rohit Reddy from Swiss Re Corporate Solutions share their experiences and strategies for leveraging AI and technology in the insurance sector. They cover key challenges, data utilization, build vs buy decisions, and the importance of making underwriting more efficient and engaging. A must-watch for anyone interested in the future of insurance.

Speakers:

Leah Emma, Assistant Director of Commercial Incubation, Solaria Labs – Liberty Mutual
Caolan Kovach-Orr, Head of AI & Automation, North America – Arch Capital Group
Rohit Reddy, Head of Underwriting Strategy – Swiss Re Corporate Solutions
Matthew Grant, CEO – InsTech

Key talking points:

Each company and their strategy
Challenges and opportunities in underwriting
AI and technology in insurance
Build vs Buy: strategic decisions
Engaging underwriters: culture and adoption
Magic wishes for the future

You can now also watch the whole panel discussion here.

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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 AI can be utilised to address issues with the underwriter’s current role in insurance today
Explain the build versus buy debate
Summarise the current issues underwriters face in the industry and how it can be addressed

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 311 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.