The Insurance Podcast

Insurance brokers and agents are always looking for efficiencies and QuickFacts might be the one insuretech startup that delivers right away. The founders, Jeff and Christy Barsalou share their story and lessons as a startup, how to grow and how stepping away from the broker world was key to being better for their target market.

In this episode:

• How a startup mentality works and lessons learned
• Why scaling matters but not at all costs
• When to look for help and how to find the right partners for your project
• What the insurance workplace will be in the future as technology drives change
• Plus a few personal stories and a lot of laughs about how change creates the unexpected.

Jeff and Christy are two of the funnest people you can meet and if you have not had the pleasure this will be the introduction you need to learn about one of the best insuretechs on the market.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Selling insurance easily is a challenge that is slowly being solved but not easily. Angela Sethi, CEO and co-founder of Mangopolicy, believes the solution is not that far off:

In this episode:

• How existing technology can power insurance sales without headaches
• Why brokers and agents need to look at insurance sales differently for future success
• The importance of brokers working to develop products and no rely solely on insurers
• How new thinking from outside insurance can learn and adapt for success
• Why building a tech stack should include sales tech
• How Ibiza Spain can be a motivator for meditation and planning- year really.

Angela is the kind of personality the insurance industry needs and she has a vision and the experience to pull off a juicy plan with Mangopolicy.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CAT event and losses are never a good story but the insurance industry is coming together to look at the future and how to address the problems CAT losses cause.

In this episode:

• Why parametric insurance solutions align with CAT events
• How building codes need to consider variations in climate across regions
• The technology and people driving efficiency for claims settlement and adjusting
• How insurance is addressing humanitarian needs when CAT losses happen

With CAT events and costs on the rise there is no better time to prepare for the next one and CAT IQ Connect delivers insight, expertise and ideas to help insurance cope with worst case scenarios.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

AI is all the rage but now we have an insurance wholesaler, Flow Specialty, deploying AI Agents into the workflow and broker experience. CEO and Co-founder Sivan Iram explains how the value of using AI powered agents will help brokers and agents accelerate their customer journey in the SME segment.

In this episode:

• Why the specialty market is increasingly using algorithmic underwriting
• How the ability to digitize knowledge can be scaled for increased efficiency
• What the fabric that holds the insurance industry together is and how to maximize that value
• How AI agents are being fed information via Large Language Models to help underwrite and rate
• What the role of the broker will look like when they use AI agents as part of their process
• Why workflow engines are powering brokers and agents with AI and the benefits that happen.
• The ability to message AI agents via Slack and interact.

Sivan eloquently explains the many aspects of the human to AI workflow and the benefits that are found for those already experiencing this connection. This episode is a really a glimpse of the future and what it will look like for those looking to build opportunity and embrace technology that powers people to do what they do best.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In part 2 of our interviews at NICC 2024 we look at thoughts from leaders who shared perspectives on what will affect insurance when it comes to global positioning, data, technology, and joint purpose. This collection of thoughts taps into a statement around geopolitical issues to start and then moves to how so many across insurance are looking to position for the future. In this episode:

• Thoughts from Munich Re
• How insurance consultants look at the intersection of data and developing strategy
• The power and role of broker groups aside from associations
• Why insuretechs for brokers and enterprise systems are aligned in use of new tech like AI

This collection of quotes shows how far the insurance industry can drive to create better outcomes for consumers and insurances businesses.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CAT losses are more than a tragedy, they are a real event that the insurance industry has to address but there are many layers to the challenge. During our interviews at NICC we heard from Peter Routledge, Ceyleste Power, Paddy Jago, Paul Kovacs, Matt Godsoe, and Bob Fitzgerald on many subjects but the complexity of CAT losses was front of mind.

In this episode:

• Why CAT losses need to be looked at at many different levels
• Where success has happened in preventing losses when a CAT event happens
• The role of government and regulation
• How industry tries to manage and keep premiums sustainable for insureds and insurers
• The effect on the reinsurance market from CATS
• How CATS affect the ability for insurers to manage claims

These brief segments are packaged together to provide insight about how industry leaders are dealing with this all to frequent loss category and what needs to happen to get consensus.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Recent fires and a record breaking summer of CAT losses has the insurance industry nearing turmoil when it comes to understanding when CAT losses will occur, where, and how impactful they will be. Laura Twidle CEO and Caroline Floyd of CAT IQ sat down to talk about the summer of CAT losses and what to expect at the upcoming CAT IQ Connect conference in Toronto Feb 4th-5th in Toronto.

In this episode:

• Reviewing the 7 CAT evetns in 27 days with over $7 Billion in damages
• The focus on flood and with communication and modeling
• Why stress testing climate risk is important for insurers
• Why anyone in the insurance vertical should be accessing the data on climate impacts
• Previewing the incredible speakers coming to CAT IQ Connect

Laura and Caroline share what they see in the accumulation of indices and data from their central depository for the insurance industry and others that want to address loss through climate change and find resiliency.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Guidewire Connections is not just an average conference, it's a showcase for insurers, partners, and anyone else who wants to understand what one of the largest insurance software platforms/ecosystems is building for the future of insurance. The theme was Agility in Action and the message was clear, agile and responsive entities within the insurance industry will find longterm success. It's eye-opening, full of incredible content, masterfully orchestrated, and designed for everyone who wants to understand a vision for the future.

In this episode:

• How Guidewire partners support insurers in their transformation
• Hints about how distribution will have to adapt as carriers modernize and become more agile
• What systems and tools vendor partners are building for insurers
• Why transparency matters to Guidewire with partnerships
• How the building blocks for insurance of the future are being developed across this ecosystem

If you have ever wondered what an insurer means when they say 'we are undergoing transformation' and what that looks like when complete this is the episode to help you understand why so many insurers are choosing Guidewire and what they want to achieve in the future.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

2024 was once again a transformative year for The Insurance Podcast. We were at more events than ever, we met more people than we can remember and produced more content including videos from some of our events and interviews.

In this episode:

• A review of the year by the hosts
• Favorite people we met and talked to
• Interview quotes that all seem to align to where the industry is going and how to get there
• Our wish list of trends for 2025
• Some stories (not incriminating)
• Industry analysis

Sit back and take in the year that was through events and guests, thoughts and perspectives and tell us what you want to see, hear and experience for 2025!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.