Risk Management: Brick by Brick

Making Risk Programs Tech Savvy with Lyndsey Christofer of Chubb

Jul 4, 2024

Lyndsey Christofer of Chubb discusses the impact of technology on risk management, challenges faced by underwriters, and making risk programs tech-savvy. They also explore the effects of the pandemic on real estate and hospitality industries, emphasizing the importance of aligning risk programs at every level.

16:45

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Episode guests

Lyndsey Christofer

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Podcast summary created with Snipd AI

Quick takeaways

Embracing technology is crucial for modern risk programs in construction.

Building closer relationships with clients and leveraging data analytics are key in adapting to industry changes.

Deep dives

Current Focus of Construction Industry

Construction companies are experiencing a shift in funding sources, with government investments driving growth despite slower private spending. The podcast discusses the impact of technology on risk management within the construction sector, emphasizing the importance of understanding clients' challenges and addressing the increasing complexities in the casualty market.

Intro

2min

Exploring Factors Affecting Industries and the Evolution of Construction Tech

2min

Integrating Technology in Risk Programs with Chubb

7min

Analysis of the Impact on the Hospitality Industry

2min

Exploring Data Utilization, Building Maintenance, and Construction Industry Challenges

3min

On the latest episode of Risk Management: Brick by Brick, Jason Reichl is at RISKWORLD 2024 speaking to Lyndsey Christofer, Executive Vice President in Construction and Real Estate & Hospitality (REH) Industry Practice at Chubb.

In this episode, Jason and Lyndsey explore the impact of evolving technology on risk management, including how it has affected the job description of underwriters and how risk programs can become more tech savvy. They also discuss the impact of the pandemic on real estate and hospitality and what this means for risk managers in the area.

To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.

Podcast Host: Jason Reichl

Executive Producer: Don Halliwell

Episode Highlights:

00:00 - Intro
00:51 - Chubb’s Focus at RiskWorld
02:23 - Is Lyndsey a Risk Taker?
03:06 - A One Year Forecast for Construction
03:55 - Making Risk Programs Tech Savvy
06:14 - Why Services are Getting More Accurate
07:15 - The Challenges of Underwriting
08:28 - Getting Closer to the Customer’s Customer
09:49 - Making Sure Programs Align at Every Level
10:29 - The Real Estate and Hospitality Picture
13:50 - Maintaining Buildings
14:20 - The Mindset of Construction Companies
15:50 - Risky or Too Risky
16:14 - Final Wisdom

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Risk Management: Brick by Brick is handcrafted by our friends over at: fame.so

Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation.

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Risk Management: Brick by Brick

Making Risk Programs Tech Savvy with Lyndsey Christofer of Chubb

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Current Focus of Construction Industry

Challenges and Innovations in Construction Tech

Adapting Risk Management and Client Relationships

Remember Everything You Learn from Podcasts