Nicola Turner, Co-founder and COO of Scrub AI, shares her journey from underwriter to entrepreneur, driven by the need for better data tools in insurance. She discusses the costly and time-consuming challenges of manual data cleaning and how her platform automates these tasks. Nicola emphasizes the transformative role of AI and technology in data management, the intricacies of raising funding for a tech start-up, and the importance of work-life balance. Her insights on co-founding and building partnerships are both inspiring and enlightening.

Next month, Martin Reith will mark 40 years in the London Market. As he approaches this significant milestone, we sat down with him to discuss his journey into the industry, his most notable achievements, his decision to become Chairman of Artificial Labs, and his thoughts on the challenges of modernising the London Market. We also explored his strong advocacy for algorithms and the advice he has for the next generation of industry leaders. Key talking points: Starting 40 years ago Founding Ascot Underwriting and receiving backing from AIG  What has gone well in the Lloyd’s Market and what can be improved? Is there a good time to invest in technology Smart Follow - a term often misunderstood The world of algorithms Martin’s advice for anyone thinking about entering the Marketplace The London Market - it works on people 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. 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: Explain what Smart Follow is in the context of insurance Identify ways in which the London Market place can take advantage of innovation Summarise what an algorithm is and how it can be implemented in 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 318 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.

Marcus Ryu, co-founder and chairman of Guidewire and partner at Battery Ventures, shares his entrepreneurial journey from launching Guidewire in 2002 to transitioning into venture investing. He discusses the critical elements for startup success, likening startups to insurgents. Ryu reflects on the challenges of the first sales cycle, the importance of a reckless spirit in entrepreneurship, and offers insights on generative AI's potential in insurance technology. His tale is filled with wisdom for both budding entrepreneurs and seasoned investors alike.

Have you ever built your own solution to a problem? Quotech, founded by Guillaume Bonnissent, provides technology for commercial underwriters and brokers. Its integrated solutions cover data ingestion and extraction, pricing, distribution, policy administration and claims. Matthew Grant caught up with Quotech’s CEO and founder to touch on his underwriting past and how it has helped build a company, the issues with Excel spreadsheets and targeting specific insurance lines to produce tailored products. Key talking points include: From underwriter to entrepreneur - the journey Producing innovative solutions for underwriters  Targeting specific insurance lines - can you really do everything if you can do marine? The importance of user experience Transitioning from coding to leadership Investors and future prospects 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. 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: Describe the current issues underwriters face with Excel spreadsheets and policy platforms Explain what is an underwriting workbench and why are they helpful to multiple members of a team Summarise the importance of turning your frustrations into solutions and entrepreneurial tips for founding a business 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 316 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.

The hosts share personal stories, including the joy of becoming a grandfather. They discuss how insurers are finally embracing technology after nearly a decade of Insurtech. Insights on the hurricane season reveal companies to watch and the potential of parametric insurance for managing risks. The conversation touches on wine tasting as a bridge between community and innovation. Looking ahead, they highlight partnerships in the insurance ecosystem and intriguing plans for 2025, sparking enthusiasm for future developments in the industry.

Joining Insurance Thought Leadership over 10 years ago, Paul Carroll’s motivation was his belief that of four areas yet to be disrupted by digital innovation, insurance was one of them.  This week Matthew Grant caught up with Paul Carroll to ask after 11 years of looking at insurance, how are insurers doing with technology? Key talking points include: Looking back, we predicted greater disruption: the fault of regulation and risk capital The industry metabolism and its speed Dinner with Bill Gates When looking at insurance, are there disruptors equivalent to Microsoft? The birth of catastrophe modelling after Hurricane Arthur in ‘92 The ‘Trough of Disillusionment’ The rise of the platform  The Laws of Zero How has the way we consume information digitally changed? 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. 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 why the creation of the ‘platform’ is significant in insurance Identify why we had once predicted there would be greater disruption in insurance Summarise what the ‘Laws of Zero’ are and why are they relevant to 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 314 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.

Chris Lafond, CEO of Insurity, shares insights from three decades in the insurtech space. He discusses the company's growth in the London Market and addresses the challenges posed by legacy systems. Lafond explores the role of AI in underwriting, likening it to the modern 'data warehouse' era. He also questions whether the term 'insurtech' still holds relevance today. With a focus on strategic acquisitions and cloud solutions, this conversation offers a fascinating glimpse into the future of insurance technology.

Ahead of our next July evening event in London, Matthew Grant caught up with Deepak Badoni, President and Co-founder of EigenRisk Inc - a one-stop shop platform for the industry to bring all the catastrophe risk analytics in one place. Join Matthew and Deepak as they discuss the role of technology platforms in simplifying catastrophe risk analysis for underwriters amid the start of the hurricane season. Deepak shares his journey of founding EigenRisk Inc., the challenges of building a one-stop platform for catastrophe risk analytics, the importance of simplicity in complex modeling, and the growing preference for buying technology solutions over building in-house.  Key talking points: The start of EigenRisk - a one stop shop platform for the industry to bring all the catastrophe risk analytics in one place Building v buying - where do insurers stand? A solution for the entire industry Differences between building a product and building a business Finding the right modelers for the platform - the value of partnering A Costco for data See Deepak in London for ‘Climate and property blind spots revealed: making the right decision at the right time’ 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. 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: Describe the importance of customer feedback and SaaS models Specify methods for simplifying catastrophe risk management Identify how to building partnerships and integrating data successfully 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 312 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.

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.

Crux Underwriting is a multi-line specialty underwriting business launched in early July by Graham Elliott. By combining underwriting with the tech arm of Azur Technology, founded by previous colleague Charlie Blackburn, we are witnessing the production of a 21st century MGA business. One for the technology lovers and the MGA innovators. Tune in to hear Robin speak to Charlie and Graham about entrepreneurship in the MGA world, how technology can slot itself into an underwriting business and why the cultural aspect is the hardest thing to get right. Key talking points: Journey from co-founding Azur Underwriting, to developing Azur Technology and Crux Underwriting Charlie’s experience forming long-term partnerships with MGAs as a separate technology provider Graham building out an agile insurance business in a regulated market The relationship between MGAs and capacity providers Why haven’t MGAs adopted modern and flexible platforms? Azur Technology: working on Salesforce  What is it about technology that makes it currently exciting Petting-zoo sales: what has changed since starting a business in 2014 If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co 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: Describe why an agile approach to building out a business in a regulated market is an unusual but beneficial approach. Specify what problems MGAs have with modernising and utilising new technology solutions Identify why MGAs have difficulties with deploying technology across multiple classes. 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 310 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.