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Underwriting

Data and technology are changing the way that insurers underwrite. Improved catastrophe models and new technology for algorithmic underwriting are helping to make the day-to-day lives of underwriters easier.

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Insight
November 23, 2022
Top 10 from the newsletter – November 2020
The InsTech London newsletter offers our view on the data and technology news that matters, plus articles and life tips beyond insurance. The list below contains the Top 10 articles that captured people’s attention in November.  If you like what you&...
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Insight
October 4, 2022
Aurora: algorithmic underwriting for SME insurance
Member spotlight: Aurora What areas of insurance is Aurora focused on? Aurora provides a range of insurance products to small and medium-sized enterprises (SMEs). This includes self-employed people, micro businesses (1-9 employees), small businesses (10-49 employees) and medium enterprises (50-249 employees). Aurora aims to provide ...
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InsTech Podcast
September 30, 2022
The new way to pay for IVF
Gaia uses medical data to offer personalised financial plans to remove the financial barriers to accessing fertility care. It is the world’s first IVF (in vitro fertilisation) insurance product that predicts fertility outcomes and insures against the risk of failure. Robin Merttens is joined ...
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InsTech Podcast
September 23, 2022
The technology driving connection and collaboration
Inari delivers core technology platforms that provide cloud-based end-to-end management for insurers and reinsurers. Since launching 5 years ago, Inari has helped its clients increase operational efficiency, business flexibility and provide data governance. Inari uses distributed ledger technology within its platforms to record every event in ...
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InsTech Podcast
September 9, 2022
Curing the property pain chain
Archipelago is working with large global corporations to identify and source information about a property that’s then shared with insurers and brokers. The company has over 170 people and according to PitchBook, has raised $57 million. Co-founder Hemant Shah last spoke to us on episode 145 and ...
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InsTech Podcast
September 2, 2022
Assessing future flood risk globally
JBA Risk Management provides catastrophe models, flood maps and analytics worldwide to the insurance, financial, property and international development sectors. Judith Ellison, the Climate Commercial Lead at JBA Risk, talks to Matthew about the challenges of meeting multiple demands from different clients and sectors, the ...
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InsTech Podcast
August 12, 2022
Investing in innovation around the world
World Innovation Lab (WiL) is a US & Japan-based venture capital firm with capital from governments and leading global corporations based in Japan and throughout Asia. The company’s vision is to be the bridge between startups and corporates in key hubs across the globe – ...
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Insight
August 12, 2022
Pen Underwriting: Providing customer-centric solutions in diverse niches
Member spotlight: Pen Underwriting Can you give us a brief introduction to Pen Underwriting? Founded in 2015, Pen is a multi-class, multi-territory MGA, which brought together twelve different MGA businesses, to create a single cohesive business. The first five years of Pen’s journey were effectively ...
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Insight
July 26, 2022
Carbon Underwriting: data-driven decision making
Member Spotlight: Carbon Underwriting: data-driven decision making What was your motivation for co-founding Carbon Underwriting? By way of brief background, Carbon was established in 2020 and is a class agnostic Managing General Underwriter (MGU) and Lloyd’s Syndicate-In-A-Box 4747 focused on driving transformation in the international coverholder ...
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Insight
July 5, 2022
Oasis Loss Modelling Framework: democratising catastrophe modelling
Member Spotlight: Oasis Loss Modelling Framework Why did you set up the Oasis Loss Modelling Framework? In 2012 I founded Oasis, a not-for-profit, open-source catastrophe modelling platform. It was created to increase the model choice for the insurance and reinsurance industry, whilst democratising risk for developing ...
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Insight
June 28, 2022
Tensorflight: automating property inspections
Member Spotlight: Tensorflight What does Tensorflight offer to insurers? Tensorflight provides imaging-based technology to automate commercial and residential property inspections. We use satellite, aerial and street-level imagery from public and proprietary sources. Insurers use Tensorflight’s technology and insights for underwriting, risk assessment and claims ...
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InsTech Podcast
June 24, 2022
Measuring loss remotely, cheaply, easily
Plnar’s technology platform allows users to capture detailed property and loss information on their phones, with the data being used by insurers to support underwriting and claim processes. Matthew speaks to CEO Andy Greff about how images captured remotely by policyholders are providing new ...