What insurers really want

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Blah blah blah. There is still a lot of nonsense written and spoken about what insurers are looking for in their innovation partners and what is successful - find out what really matters in our podcast this week with Lloyd’s syndicate and global insurer Chaucer. And if you are wondering what our events and podcasts actually look like, then take a peek at our reinvigorated YouTube channel.

PODCAST: Innovation success - go narrow, go deep - Podcast 238

Join Matthew Grant as he speaks to Duncan Gemmel, Chief Strategy Officer, and Hayley Maynard, Head of Innovation at Chaucer Group. Topics include how to engage underwriters in new opportunities, what Chaucer looks for in technology and data offerings, plus much more.

BREAKFAST EVENT: HazardHub from Guidewire - plugging your property data gaps, The Ivy City Garden, 19 April, 8.30am BST

We have a couple of spaces left to join Matthew Grant and HazardHub founder Bob Frady to learn more about HazardHub’s dataset of 1,400 attributes and how it was built. We will be reviewing the use of risk profiles to optimise portfolio performance and detailing how to build underwriting guidelines. Insurers, brokers and MGAs only, but don't delay in registering if you want to come along.

EVENING EVENT: How to optimise your Underwriting Portfolio, CodeNode, 25 April, 4.30pm BST

We can all learn a lot from the brokers. Aon has launched its Strategy and Technology Group and that sets the theme for our next live event. Join us to find out the tools and techniques being used to enhance underwriting performance and help close the insurance protection gap. Speakers include Chaucer, AEGIS London, Parsyl, PartnerRe and the Corporation of Lloyd’s.

ARTICLE: JBA Risk Management: the complexities of understanding future flood risk

Ali Smedley spoke to JBA’s Hydrology Technical Lead, Dr Dave Leedal, to learn how snowmelt-induced flooding is affected by climate change, how JBA is helping insurers understand future flood risk and what the company’s plans are for 2023.

SPOTLIGHT: Fadata: Flexibility through configurability and partnerships

Fadata reveals its new strategy for the UK, its partner ecosystem and why it is emphasising supporting life and health insurers. This and more in Tara Allsopp’s interview with Samuel Knott, Sales Director for the UK and Ireland at Fadata.

VIDEO: Innovation in Claims - Partnerships, Payments and Process Automation with WEX

If you missed our last live event on 21 March, or want to review some of the key highlights, we’ve managed to fit them into just over 3 minutes in our latest video.

REPORT AND REVEAL: Property Intelligence: Understanding and managing natural hazards

Our latest report includes perspectives from an insurer, broker and MGA on the hazard data and catastrophe modelling market and updated profiles of the InsTech members providing relevant models, data and technology. Discover what Matthew Grant and Ali Smedley learnt from the recording of the release event with JBA Risk Management, Gamma Location Intelligence and EigenRisk.

FUTURE LIVE EVENTS: Mark your diary

We’re finalising our summer event season. Details to follow next week but we’ll be at CodeNode in London on 25 April, 23 May, 27 June and 18 July.

Parsyl launches new perishable cargo consortium

Parsyl has launched a new consortium at Lloyd’s, led by Syndicate 1796, to bring an initial $20 million in both traditional and ‘smart trackers’ capacity to the perishable cargo market.

RightIndem partners with WNS Holdings to deliver motor claims STP capabilities

RightIndem is set to deploy a Motor Claims Straight-Through-Processing (STP) solution after their latest partnership announcement with WNS Holdings.

distriBind and OTONOMI collaborate to share data in real-time

distriBind, a digital data exchange company, has been selected by OTONOMI to process data from its parametric smart contracts platform and send it to its insurer partners.

Ensuro launches ResilientGrowth in Kenya

ResilientGrowth is a blockchain-based product offering financial protection for Kenyan farmers against drought. Developed together with global climate experts Ibisa and Kenya-based microfinance specialists Fortune Credit, it is currently being piloted in Bungoma County.