Knowledge Centre

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.

InsTech’s Ali Smedley recently sat down with Paul Drury, Director of Product Development at GeoSmart Information, to discuss why insurers should be thinking about groundwater flooding and what the company can do to help.

Matthew Grant speaks to Adrian Coupland, Head of Sales at Earnix about the challenges insurers face today in a changing risk landscape and how Earnix offers a rating and pricing analysis platform to help insurers effectively price their policies and stay profitable.

Matthew Grant is back with another in episode of what happened in insurance in the past month. He is once again joined by Nigel Walsh, Managing Director, Insurance, Google Cloud US, alongside Martha Notaras, Managing Partner at Brewer Lane Ventures and Charlotte Halkett, Senior Consultant at Milliman. Tune in to find out about recent funding round news, how property insurance is affected by the climate recently and more.

Sign up to the newsletter here The Parametric Post, the only newsletter dedicated to parametric insurance. Thought for the day… promising signs for the parametric flood market Flood, one of the most globally prevalent perils, remains significantly underinsured in 2024. Could this be the year that ...

Supply chains have become longer, more international and more time-sensitive for decades, creating complex networks of dependency and risk.

InsTech’s Ali Smedley recently sat down with Mitiga Solutions’ EarthScan™ team to discuss its newest climate intelligence tool, how insurers and corporates are using it and why the company is continuing to invest in climate science expertise.

As an underwriter, how do you select the right tools to get the job done? Join us for an on-demand webinar as we are joined by leading insurance experts to find out.

In this episode, Matthew Grant sits down with Sarah Woolliscroft, Group Head of Operations & TPA and Wayne Calderbank, Group Data and Performance Director at Claims Consortium Group (CCG) for an exploration of the importance of technology in the claims industry and CCG's journey into the world of artificial intelligence.

The UK is currently experiencing a series of damaging storms, with winds from Isha reaching over 100mph. Storm Jocelyn has followed close behind, arriving in the UK with 76mph gusts. Are storms in the UK becoming more frequent?

Sign up to the newsletter here The Parametric Post, the only newsletter dedicated to parametric insurance. The InsTech perspective… parametric solutions for non-damage business interruption Supply chain pressures, the COVID-19 pandemic and a climate-induced increase in weather variability have disrupted businesses around the world in ...

This week James Orchard, CEO of QBE Ventures, joins the podcast and discusses the shift in insurers' appetite for innovation, partnerships with startups, and the importance of collaboration in achieving strategic goals.

This week, we return with Henry Gale as he caught up with Garrett Koehn, President of CRC Brokerage, and Gordon Wintrob, Co-founder and CTO of Newfront. The discussion covers the potential of generative AI for insurance brokers, with real-world examples of brokers using AI right ...

Generative AI in Practice is InsTech’s monthly newsletter dedicated to the use of generative AI in insurance. The InsTech Perspective The AI shortage The insurance industry has traditionally been a slower adopter of technology than its financial services peers. Initially, generative AI looked like ...

Henry Gale is joined this week by Colville Wood, Chief Technology Officer for Insurance (UK&I and EMEA) and David Fearne, Global Director of Generative AI at Cognizant. The discussion covers how Generative AI has the potential to automate manual tasks, optimize processes, and provide valuable insights for underwriters in the insurance industry. Cognizant encourages companies to start exploring the possibilities of generative AI and see how it can improve their operations.

In our first podcast of 2024, Jamie Crystal, CEO of MIC Global, discusses with Matthew Grant their aim to close the insurance protection gaps by offering insurance products tailored to the needs of underserved individuals, including income protection, identity theft protection, and incident coverage. MIC uses ...

The InsTech team is taking a break and we’ve outsourced this week’s short podcast to ChatGPT. But fear not – humans will be back in the loop next week. Interested to find out more about how insurers are using AI. Sign up to our ...

This Christmas Eve, we bring to you our last Partners’ Chat of the year. Robin Merttens and Matthew Grant reflect on the year and the developments we’ve seen in insurance, particularly those set to define the industry in the next year. As always there ...