In this episode of The Reinsurance Podcast, we're joined by Lynn Moretti, Chief Claims Officer for AmTrust Europe, who dives into the captivating world of insurance claims. Sharing her journey from litigation to claims expertise, Moretti reveals the intricacies of managing claims, the importance of empathy, and the evolving challenges and solutions in the field. EPISODE LINKS: Lynn's LinkedIn: https://www.linkedin.com/in/lynn-moretti/ AmTrust International: https://amtrustinternational.com/ AmTrust's LinkedIn: https://www.linkedin.com/company/amtrust-international/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (00:56) Lynn’s Journey to Claims (04:16) Complexity in Different Lines (06:05) Investigating Claims Made (09:49) When Claims Are Denied (13:18) Reinsurance Claims & Policies (17:36) Difficulties for Claims Professionals (21:36) Connection Between Claims & Underwriting (23:35) Data & Analytics on Claims (26:46) Governance & Claims (29:06) Subrogation, Salvage, & Shifting Risk (31:03) The Future & Evolution of Claims (36:33) Differences Between the UK & US (39:09) Claims-Driven Business Decisions

In this week's episode, the guys drive into the three biggest challenges facing reinsurance operations. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (00:26) 1) There’s No Single Source of Truth?! (04:10) 2) Suffering from Half-Modernisations (07:21) 3) The Untapped Goldmine of Data

This week the guys delve into the complexities of reinsurance underwriting and the overwhelming influx of data in the industry. They explore the future of underwriting, the role of data in making informed decisions, and how companies navigate the sea of information to find value. Expert insight and engaging analogies, Ben & Jerad talk about the challenges and opportunities that lie ahead for reinsurance professionals in a data-saturated market. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (02:13) If Data Were Spaghetti (04:14) Lacking Goals in Data Initiatives (05:50) Advantages of Data Accuracy (10:11) Insurance Performance Impacts Reinsurance (12:57) Improving Data Capture (14:05) The Role of Insurers in Reinsurance (17:55) Insurtech Investment ROI (19:13) AI Can’t Fix This Fundamental Issue (20:44) Algorithmic Underwriting (25:16) Willingness & Ability to Adopt New Tools (28:34) The Human Element in Tech Adoption (29:59) New Talent Expecting 21st Century Tech

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. EPISODE LINKS: January Renewals 2024 - What Happened: https://open.spotify.com/episode/5x21JnrrqCkvrYqnZCRwqQ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ (00:00) Intro (00:44) Storm Isha (01:33) The Next Major Volcanic Eruption (03:20) $123B Cat Losses (04:02) Scepticism Over US Bill (06:52) Strong ILS Performance (08:12) Attractive Market Conditions for Reinsurance (09:44) Supercede Reinsurance Platform Usage Increases by 43%

In this episode the guys speak to Jeremy Burgess, director of The Insurance Network. Diving into the evolving landscape of insurance technology they explore the impact of AI, the challenges of digital transformation, and the future of the insurance industry. EPISODE LINKS: Jeremy's LinkedIn: https://www.linkedin.com/in/jeremyburgess1/ The Insurance Network: https://www.linkedin.com/company/the-insurance-network/ TINTech: https://www.the-insurance-network.co.uk/conferences/tintech-london-market CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:27) Starting The Insurance Network (03:28) Inspiring Insurance Innovation (05:17) Running a Forum-Centric Event (06:28) The Pandemic & Live Events (09:47) Changing Approaches to Insurtech (12:50) Ben’s TINTech Experiences (14:11) AI, Hype, & Buzzwords (16:58) Generative AI (18:03) TINTech 2024 Pre-Event Survey (21:51) Tech-Enablement In Conservative Companies (26:52) Insurance Companies of the Future (33:01) Sustaining the London Market (37:38) The Evolving Market

Dive into the world of reinsurance and data valuation! We're joined this week by Todd and Skip from e2Value, this episode unpacks the complexities of accurately valuing properties in a rapidly changing market. From the nuances of farm insurance to the impact of global events on property values, this deep discussion reveals the critical role of data in shaping the insurance industry. EPISODE LINKS: Skip's LinkedIn: https://www.linkedin.com/in/skipcoan/ Todd's LinkedIn: https://www.linkedin.com/in/toddrissel/ e2Value: https://e2value.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:21) Lack of Portfolio Insight (02:50) Bad Data in Property Insurance (06:58) Property Value & Insurance (13:18) Increased Losses in Recent Years (15:05) Where e2Value Helps (18:43) Market Demand for Accurate Data (21:22) The Most Used Tool for Farm & Ranch Valuation (27:01) Building Types in Commercial Farming (28:51) Current Focus for e2Value (34:06) Real-time Assessment of Book Value (37:00) Innovations Driven from Reinsurance (40:38) Measuring Insurance in 10-Year Cycles

This week the guys unravel the complexities of the current hard reinsurance market. Discover the defining elements of market cycles, and explore insightful predictions about future trends and impacts in the reinsurance landscape. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (01:39) Hard Markets Explained (07:15) Reinsurance Pricing (08:21) Market Cycles (09:39) Drivers of This Hard Market (13:37) What’s Prolonged This Hard Market (19:24) When Will This Hard Market End? (22:00) Cedents to Take On More Risk

Get the insider's take on the reinsurance industry's pivotal season. Join Jerad, Ben, and Tom as they dissect trends and surprises from the January 2024 renewals. EPISODE LINKS: Ben's article: https://www.linkedin.com/pulse/2024-year-grey-swans-ben-rose-a1dle/ Howden-Tiger's Renewals Report: https://www.howdengroupholdings.com/news/howden-a-new-world-2024 Gallagher's Renewals Report: https://www.ajg.com/gallagherre/news-and-insights/2024/january/what-a-difference-a-year-makes/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS (00:00) Intro (01:11) 1/1 Recap: Orderly & Bifurcated (04:36) Perils & Sources of Capacity (10:23) Worries Around US Casualty (13:14) Diversification & Attractive Markets (17:03) Talent & Rising Startups (20:53) Are There Enough Reinsurance Brokers? (26:03) Are There Enough New Reinsurers? (32:10) Performance Turnaround of Lloyd’s (36:36) Lawyers Leaving Florida & the Ethics of Finance (38:43) Variation of Broker Reports (43:10) Trends for 2024 (47:29) Is the Market Really Going Digital?

Join us as we dive deep with James Willison, Managing Director at Web Connectivity Limited (WCL), into the heart of digital transformation within the London Market. Discover how Willison's unique journey from a background in law and accountancy led him to spearhead innovations in reinsurance technology. From the implications of Blueprint 2 to the crucial focus on claims and trading platforms, this episode is a must-listen for anyone interested in the intersection of tradition, technology, and transformation in the London insurance market. EPISODE LINKS: James' LinkedIn: https://www.linkedin.com/in/jameswillison/ WCL LinkedIn: https://www.linkedin.com/company/web-connectivity-ltd/ WCL Website: https://webconnectivityltd.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (02:23) WCL company overview (03:08) London market structure (03:40) Past technology reform efforts (04:06) Blueprint 2 initiative (05:14) Transitioning to global data standards (07:25) Positioning London as a centre of excellence (08:01) Past technology successes (09:59) Data standards challenges (12:06) Blueprint 2 (14:39) Onboarding new technologies (15:49) Maintaining London’s market structure (17:33) Ongoing market reform (18:18) Importance of claims processing (19:49) Paper to electronic claims transition (20:30) Trading platforms value (22:02) Standards flexibility needs (23:27) Global standards alignment challenges (24:48) Class of business model differences (26:06) Blueprint 2 future

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Website:⁠ ⁠https://www.supercede.com⁠⁠  LinkedIn:⁠ ⁠⁠https://www.linkedin.com/company/supercedehq⁠  Twitter:⁠ ⁠https://twitter.com/SupercedeHQ⁠⁠  YouTube:⁠⁠ ⁠⁠⁠⁠https://www.youtube.com/@SupercedeHQ⁠⁠  RSS Feed:⁠ ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠⁠  Say Hello: ⁠⁠producer@thereinsurancepodcast.com⁠⁠ 

In this episode Jerad and Ben welcome Jon Maury, SVP at Zywave. They dive into the cyber insurance market, creating a seamless marketplace for brokers and underwriters, and discuss the future of insurance distribution strategies. EPISODE LINKS: Jon's LinkedIn: https://www.linkedin.com/in/jonmaury/ Zywave: https://www.zywave.com/ Zywave's LinkedIn: https://www.linkedin.com/company/zywave/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (02:25) Zywave overview (05:20) Expanding product portfolios (07:50) Marketplaces to connect brokers & underwriters (10:00) Entering cyber insurance space (13:00) Growth strategies (15:15) Insurance & business relationships (18:30) The Lloyd's market (21:20) Digital transformation for speed & efficiency

This week the guys delve into January renewals (AKA 1/1). Starting with contextualising January renewals, we compare last year's strategies and explore how cedents can secure better pricing. We explore the scrutiny and lack of trust in submission data by underwriters, discussing adjustments in reinsurance structures, and revealing the crucial role of reinsurance brokers during this period. Lastly, Ben offers his unique insight as an ex-underwriter in regards to renewals, providing a comprehensive guide for the upcoming season. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (01:52 )Contextualising January Renewals (02:45) Comparing Last Year’s 1/1 (06:44) Cedent Strategies for Securing Better Pricing (09:25) Do Underwriters Trust Submission Data? (12:38) Adjusting Reinsurance Structures (14:44) What Do Reinsurance Brokers Do In 1/1? (16:27) An Underwriter’s Renewals Experience

Dive into the fascinating world of artificial intelligence with AI expert Peter Gostev as he unpacks the rapid advances in generative AI. Learn how models like GPT-4 are providing stunning new capabilities in reasoning, language, and more. Discover best practices for prompt engineering as Peter shares first-hand stories of pushing the limits through his own experiments. Gain insight into promising applications for insurance, like analysing policies and documents, while avoiding potential pitfalls. Learn how these models can be deliberately tricked - and why safeguards will be critical. EPISODE LINKS: Peter's LinkedIn: https://www.linkedin.com/in/peter-gostev-53058417 CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) - Intro (01:50) - What Is AI? (07:28) - Using AI in Practice (10:39) - Journey for Novice Users (11:46) - Integrating AI into Software (14:17) - Understanding & Reasoning with AI (21:28) - AI Applications in Reinsurance (23:30) - Regulatory Challenges with AI (26:32) - Tricking AI (28:00) - Safeguarding Against AI Risks

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠  OUTLINE & TIMESTAMPS: (00:48) Market-Wide Reinsurance Growth  (03:45) VIG Re Push Efficiency as a ‘Digitally-Enabled’ Reinsurer  (05:04) AXIS Successfully Closes Market’s First 144A Cyber Cat Bond (06:16) Too Early to Name AI as the Leading Cause for Industry Job Losses  (07:25) Shaping Innovation Through the InsurTech Coalition

Dive into this lively discussion with Fraser Edmond, CEO of Broker Insights. The guys cover Fraser's journey from a traditional corporate background to leading a pioneering tech company; discover how Broker Insights is reshaping the insurance market by empowering brokers with advanced placement strategies. EPISODE LINKS: Fraser's LinkedIn: https://www.linkedin.com/in/fraser-edmond-0593ab21/ Broker Insights: https://brokerinsights.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:03) Fraser's Journey into Insurance & Entrepreneurship (03:37) Overview of Broker Insights & Its Impact (08:59) Predictive Modeling & Future Opportunities (14:59) International Expansion & Strategic Shifts (19:59) Client Experiences of Broker Insights (24:59) Final Remarks & Future Plans

Get the inside scoop on innovation and transformation in the reinsurance industry. Paula Di Fonzo of Generali shares how leading insurers approach optimising data, adopting new technology, evolving products and partnerships, and drive change across global operations. EPISODE LINKS: Paola's LinkedIn: https://www.linkedin.com/in/paola-di-fonzo-b5a89680/ GC&C Website: https://www.generaliglobalcorporate.com/ GC&C LinkedIn: https://www.linkedin.com/company/generali-global-corporate-and-commercial/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Join us for an exclusive interview with Glenn Tyrpa, a seasoned journalist at Intelligent Insurer, as we delve into the dynamic world of insurance market reporting from the vibrant doors outside Leo's in Baden-Baden. Glenn opens up about the thrills and challenges of journalism in an environment where news is crafted and deals are struck with each handshake and exchanged business card. EPISODE LINKS: Glenn's LinkedIn: https://www.linkedin.com/in/glenn-tyrpa/?originalSubdomain=pl Intelligent Insurer: https://www.intelligentinsurer.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get ready for the 2024 reinsurance renewal season with this in-depth look at strategies for optimising your reinsurance purchasing. Jerad and Ben examine how reinsurance needs and priorities have shifted in the current hard market environment. Learn why reinsurers are refocusing on their core role and how data limitations can undermine purchasing decisions. Discover approaches for articulating your risk coverage needs, securing budget increases, and targeting the most critical perils. Whether you're an insurer seeking reinsurance or a reinsurer with risk capital to deploy, don't miss this timely discussion on successfully navigating the 2024 renewals. OUTLINE & TIMESTAMPS: (00:00) - Intro (00:31) - Baden-Baden & SIRC (00:56) - Reinsurance Buying (01:21) - Reinsurance Purchasing Strategies (04:05) - Why Buy Reinsurance? (07:26) - Strategies for Offloading Risk (10:57) - Insurers Overbuying Reinsurance (14:59) - Most Critical Risks for 2023 (16:00) - Importance of Data in Purchasing Decisions (18:28) - Challenges Due to Poor Data (20:53) - Contract Terms and Need for Good Data (21:04) - Managing Risk CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

With over 20 years attending, Sébastien reflects thoughtfully on maintaining rating integrity amidst inflationary pressures. He provides an in-depth look at key issues in motor reinsurance like electric vehicles, and the value of face-to-face meetings. With nuance and expertise, Sébastien shares his unique perspective on the renewals landscape at this critical juncture. EPISODE LINKS: Sébastien's LinkedIn: https://www.linkedin.com/in/s%C3%A9bastienricout/ AXIS Capital: https://www.axiscapital.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get the inside scoop on the famed Leo's bar from owner Heribert Kargl, the legendary host fuelling Baden-Baden's reinsurance scene. Heribert reflects on welcoming hordes of industry veterans and newbies alike to "the living room" of reinsurance for over 40 years running. EPISODE LINKS: Leo's Bar: https://www.leos-baden-baden.de/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

As Executive Head of SA Treaty at Aon, Richard provides a South African perspective on key themes like secondary peril modelling and stabilising renewals, reflecting thoughtfully on the value of face-to-face meetings for building partnerships, even in a data-driven age. EPISODE LINKS: Richard's LinkedIn: https://www.linkedin.com/in/richard-akeroyd-1372282b/ Aon: https://www.aon.com/en/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Head of Underwriting Services at Ageas Insurance, Katie Davies, shares an upbeat outlook on capacity and renewal stability, providing an inside look at hardening primary markets in the UK, and the importance of data analytics in constructive reinsurer conversations. EPISODE LINKS: Katie's LinkedIn: https://www.linkedin.com/in/katie-davies-8b177a99/ Ageas: http://www.ageas.co.uk/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Christian reflects thoughtfully on the conference's blend of broad strategy and contract-specific discussions, highlighting key regional and geopolitical themes impacting reinsurance deals this year. EPISODE LINKS: Christian's LinkedIn: https://www.linkedin.com/in/christian-silies-1134111/ Sompo International: https://www.sompo-intl.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

As a long-time attendee, Mark provides a unique perspective on digitally transforming underwriting. He spotlights ACORD's focus on improving the pre-bind submission process and making data exchange seamless from core systems, emphasising the value of accurate structured data. EPISODE LINKS: Mark's LinkedIn: https://www.linkedin.com/in/mark-bennett-0787262b/ ACORD: https://www.acord.org/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get the inside scoop of Baden-Baden reinsurance gathering from veteran David Baldwin. David provides an international broker's perspective on what makes Baden-Baden special, from its hands-on, technical meetings to its autumnal architecture. He shares strategic insights on delivering his team's growth vision and seizing opportunities at this relationship-focused event. EPISODE LINKS: David's LinkedIn: https://www.linkedin.com/in/david-baldwin-2528b0130/ Ed: http://www.edbroking.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get an authentic taste of the storied Baden-Baden reinsurance gathering from first-timer David Sharashidze. The Director of Reinsurance at Alpha Insurance offers an engaging look at the meetings underpinning treaty renewals. EPISODE LINKS: David's LinkedIn: https://www.linkedin.com/in/david-sharashidze-bb226a178/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get privileged insights from insurance veteran Glyn Hall on the state of the Baden-Baden reinsurance market this year, with an exclusive look at the renewals through the lens of a seasoned reinsurance broker. He notes calmer conversations compared to last year's torrid renewal, with an expectation of rates largely staying flat, and underwriters focused on account-specific changes rather than forcing issues. EPISODE LINKS: Glyn's LinkedIn: https://www.linkedin.com/in/glyn-hall-a7009786/ Inver Re: https://www.inverre.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Learn what happened this month in the world of reinsurance. OUTLINE & TIMESTAMPS: (00:15) Intro (00:50) Guy Carpenter symposium on alternative capital solutions 02:20) World Bank announcing increased use of cat bonds (04:00) Hannover Re CEO on reinsurance demand growth in Asia (05:00) Everest Re CEO noting we're not yet at a "new normal" (06:00) Record number of billion dollar natural catastrophe events in 2022 (08:40) Reinsurers pointing to sources of uncertainty to push rate increases (09:20) AI's impact on insurance roles and productivity (10:40) Allianz warning on increasing ransomware threats with digitalisation (12:20) Lockton adopting Supercede's reinsurance management platform (13:00) Conclusion and upcoming events CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get an inside look at the vibrant Baden-Baden reinsurance market from first-time attendee Zoë Layden. In an upbeat chat, Zoë shares her initial impressions of the busy conference and the key themes emerging this year. She highlights innovation, new product development, and capacity finding as top of mind, with abundant opportunities for reinsurers despite some ongoing global frictions. EPISODE LINKS: Zoë's LinkedIn: https://www.linkedin.com/in/zo%C3%AB-layden-51b3313/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Hear insights the key market themes at the 2023 Baden-Baden Reinsurance Meeting from industry veteran Paul Gadsby. Gads provides his unique perspective on the current supply and demand dynamics in the reinsurance market; with colourful analogies and thoughtful analysis, he explores factors like inflation, climate change, and the importance of reliable data underlying the risk.They reflect on the enduring value of relationships in the market, while emphasising the need for professionalism and accuracy. EPISODE LINKS: Paul's LinkedIn: https://www.linkedin.com/in/paul-gadsby-640b3a25/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Filmed on location outside of Leo's bar - famously known for their impeccable service times among attendees, our hosts deliver insights from this year's Baden-Baden Reinsurance Meeting. EPISODE LINKS: Tom's LinkedIn: https://www.linkedin.com/in/tomspier/ Ben's LinkedIn: https://www.linkedin.com/in/ben-rose-supercede/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

This week we talk to Supercede's Jess McCausland who reveals how the emerging role of Client Success revolutionises technology adoption. Learn what makes it different from account management, how CS builds strategic partnerships, and real examples of transforming client outcomes. Get invaluable insights on maximising your software investment from a leader guiding global insurers to success. EPISODE LINKS: Jess' LinkedIn: https://www.linkedin.com/in/jessmccausland/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Introduction (00:48) Defining Client Success (02:25) Transition to Client Success (03:38) Proactive Approach (06:21) Client Success in Pre-Sales (08:08) Setting Objectives (10:15) Data Quality Success Story (11:32) Stacking Success Story (13:58) Long-Term Visions (15:08) Quality Interactions (18:31) Measuring ROI (21:36) Jess' Background (22:55) Pirates & Revenue (23:00) Client Success Examples (25:00) Ongoing Client Partnerships (26:00) QBR Meetings (28:00) Remote Work Impacts (30:00) Diversity and Inclusion (33:00) Future of Client Success (36:00) Key Takeaways

Unravel the intricate web of ethics in insurance underwriting. From groundbreaking EU directives that challenge traditional rating factors to the enigmatic world of AI underwriting, we explore the grey areas of what's fair and data-driven. Join Jerad Leigh and Ben Rose as they dissect, discuss, and delve deep into the complex world of insurance ethics and technology. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Gender Discrimination in Insurance Pricing (08:32) Broader Ethics of Insurance Underwriting (15:13) Technology Impacts from Regulation Changes (21:08) Black Box AI Models in Insurance Pricing (27:02) Risk Pooling and Insurance Accessibility (32:13) Rating Factors and Insurance Pricing Models (30:03) Climate and Systemic Risks in Insurance (32:13) Freedom of Location Choice and Insurance Costs (33:09) Conclusion & Summary

Get an inside look at the future of insurance talent! This week Jerad is joined by Alex Bond as they dive into the exciting world of insurtech and discuss how new technologies are transforming the industry. Learn from Alex's many years of recruiting expertise as he shares insights on attracting top talent, managing founder expectations, the pros and cons of hiring big industry names, and more. You'll get tactical advice for making the transition from a large insurance company to an innovative startup. Jerad and Alex also explore remote work trends, using AI thoughtfully, and why the insurtech space still offers huge opportunities. EPISODE LINKS: Alex's LinkedIn: https://www.linkedin.com/in/alexbondfinpro/details/experience/ FinPro: https://www.wearefinpro.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:30) - Talent in the Industry (02:25) - Alex's Background (03:38) - Transition to InsureTech (04:28) - Advice for Listeners Interested in InsureTech (10:46) - Setting Expectations (14:06) - Equity and Cash Compensation (16:58) - Founder Expectations (18:31) - Hiring Big Names (21:36) - The Role of Advisory Boards (22:55) - Insurance vs Software Sales (25:28) - Hiring Salespeople (26:21) - Remote Work (29:02) - Returning to the Office (30:43) - Flexibility Benefitting Women (32:54) - Women in Leadership (35:21) - Black Box AI Concerns (37:26) - Developing Talent Remotely (41:32) - Busy Seasons in Reinsurance (42:53) - AI Eliminating Repetitive Tasks (44:07) - AI in Regulated Markets (46:48) - InsureTech Bubble (49:59) - Exits Fueling InsureTech Investing (51:46) - Learning from Others' Failures (52:28) - The Future is Bright

Join us on a deep dive into the intricate story of Vesttoo with this comprehensive breakdown. We kick off with a brief intro before delving into the core of Vesttoo's business model, exploring the world of alternative capital and their implications. The episode then takes a turn, charting out the major events that have occurred in the Vesttoo timeline, the tumultuous journey of bankruptcy, restructuring, and ensuing legal battles takes centre stage. Wrapping up, we gauge the ripple effects of Vesttoo's saga on the broader market. OUTLINE & TIMESTAMPS: 00:00 Intro 02:43 Vesttoo as a Business 04:53 Alternative Forms of Capital 07:30 What’s Happened So Far 16:35 Bankruptcy, Restructuring, & Legal Battles 20:37 The Impact on the Market CONNECT WITH US: Website: ⁠https://www.supercede.com⁠ LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: ⁠https://twitter.com/SupercedeHQ⁠ YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠ RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. (00:00) Intro (01:09) RVS Monte-Carlo Insights (01:59) 10% Increase in NatCat Losses for Cedents  (04:13) Hard But Stable Retro Market (07:11) Tremor Acquired by WR Berkley  (08:08) US Convective Storms Hit $50B Insured Losses (09:02) Vesttoo: the Saga Continues CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Sandra DeSilva, reinsurance tech leader, shares invaluable insights on the innovation driving one of the world's top reinsurance hubs. Learn how data transparency and analytics are attracting new capital, the ecosystem enabling investors to feel confident, and how technology can help the industry thrive into the future. Get a sneak peek at the tools and collaboration propelling Bermuda's success from an insider at the forefront. EPISODE LINKS: Sandra's LinkedIn: https://www.linkedin.com/in/sandra-desilva/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Isabelle Clausner, VP at Xceedance, shares insider insights on bridging the gap between AI hype and practical business value. Learn what generative AI means for skills augmentation vs. replacement, which use cases show the most promise, and why human relationships will remain essential even in a high-tech future. Get a sneak peek at how this global leader in insurance services leverages deep industry expertise to drive digital transformation. EPISODE LINKS: Isabelle's LinkedIn: https://www.linkedin.com/in/isabelle-clausner-7486371/ Xceedance: https://xceedance.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Adam Podlaha and Chris Ewing from Aon reveal how Impact Forecasting is revolutionising real-time loss forecasting and incorporating climate change. Learn about the frequency of hurricane tracking updates, collaborations to model climate impacts, advances in US severe convective storm modelling, and advice on managing flood risk. Get invaluable insights from leaders driving more accurate catastrophe analytics. EPISODE LINKS: Adam's LinkedIn: https://www.linkedin.com/in/adam-podlaha-bb43491b/ Chris' LinkedIn: https://www.linkedin.com/in/crewing/ Aon: https://www.aon.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Michael Wade OBE, reinsurance entrepreneur and veteran, shares rare insights from over 40 years navigating the risks that shape our world. Learn his outlook on geopolitical instability, the cyber threat, climate change, and the role of government in solving global challenges too big for one industry alone. Don't miss this exclusive insider perspective from an industry legend and get Michael's unique multi-decade view on how reinsurance is evolving to meet today's needs. EPISODE LINKS: Michael's LinkedIn: https://www.linkedin.com/in/michael-wade-obe-8a915610/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Paul Mang, Guidewire's analytics leader, reveals crucial insights on bridging the gap between data analytics hype and real-world value. Learn what's driving "analytics indigestion," how primary insurers are adapting reinsurer portfolio approaches, and the human skills needed to leverage AI. EPISODE LINKS: Paul's LinkedIn: https://www.linkedin.com/in/paulmang/ Guidewire: https://www.guidewire.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Don't miss this exclusive look at the future of industrial cyber risk management! Jose Seara, CEO of DeNexus, shares rare insights from the frontlines of quantifying and insuring catastrophic cyber threats to critical infrastructure. Learn how DeNexus is bridging the protection gap for industrial asset owners, where the reinsurance capacity crunch is most acute, and why data analytics will be key to bringing this massive emerging risk to market. EPISODE LINKS: Jose's LinkedIn: https://www.linkedin.com/in/jmseara/ DeNexus: https://www.denexus.io/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Hear how data standards are transforming reinsurance straight from the source. Mark Bennet, Global VP of Business Development at ACORD, shares an inside look at how improved data quality is driving digital transformation across the industry. Learn what reinsurance leaders are prioritising to maximise efficiency gains, how ACORD is helping to solve the "reinsurance data crisis," and why common standards are key to accelerating growth. Don't miss this exclusive view on the data revolution shaping the future of reinsurance! EPISODE LINKS: Mark's LinkedIn: https://www.linkedin.com/in/mark-bennett-0787262b/ ACORD: https://www.acord.org/ CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

Get the inside scoop on cyber risk from an industry pioneer, Shawn Ram, Head of Insurance at Coalition. Get the exclusive look at the evolution of cyber insurance and emerging threats like ransomware. Learn how Coalition is reinventing risk management through "active insurance," why modelling cyber risk is uniquely challenging, and Shawn's outlook on the future of cyber risk mitigation. Don't miss this rare chance to hear from a cyber insurance leader. EPISODE LINKS: Shawn's LinedkIn: https://www.linkedin.com/in/shawnram/ Coalition: https://www.coalitioninc.com/ CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

Don't miss this rare insider view of Monte Carlo 2023 from an innovative insurtech CEO! Amrit Santhirasenan, CEO of Hyperexponential, shares his unique perspective on how technology is shaping the future of reinsurance. Learn what key challenges he's hearing, how insurtechs like his are partnering with traditional reinsurers, and his outlook for bringing powerful new data solutions to this pivotal global industry. EPISODE LINKS: Amrit's LinkedIn: https://www.linkedin.com/in/amritsanthirasenan/ Hyperexponential: https://www.hyperexponential.com/ CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

Get the European reinsurance perspective straight from a leader on the frontlines. Tobias Sonndorfer, Management Board Member at VIG Re, provides an insider look at the renewal landscape across the continent. Learn how smaller regional losses are impacting local markets, what's driving pricing, and the unique challenges European reinsurers face. Don't miss Tobias' invaluable insights on partnering for growth in today's complex European reinsurance environment. EPISODE LINKS: Tobias' LinkedIn: https://www.linkedin.com/in/tobias-sonndorfer/ VIG Re: https://www.vig-re.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: ⁠https://www.linkedin.com/company/supercedehq⁠ Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube: ⁠https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Hear directly from a reinsurance buyer on the frontlines at Monte Carlo 2023. Will Dove, Head of Ceded Reinsurance at Everest, gives an inside look at navigating the vital reinsurance relationships that make or break an insurance business. Learn what keeps this industry veteran up at night and his outlook on rising risks. EPISODE LINKS: Will's LinkedIn: https://www.linkedin.com/in/williamfdove/ Everest: https://www.everestglobal.com/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: ⁠https://www.linkedin.com/company/supercedehq⁠ Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube: ⁠https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Hear from one of reinsurance's most forward-thinking innovators, Chris Parish of Lockton Re. Get Chris' insider perspective on bringing technology transformation to the tradition-steeped reinsurance sector; learn how Lockton Re is delivering on their promise to be "born digital" and what that means for revolutionising outdated processes. EPISODE LINKS: Chris' LinkedIn: https://www.linkedin.com/in/chrisparish1/ Lockton Re: https://global.lockton.com/re/en CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: ⁠https://www.linkedin.com/company/supercedehq⁠ Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube: ⁠https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Get the inside story on one of reinsurance's most exciting insurtech startups from founder and CEO Frank Perkins. With exciting news about their recent seed funding round, Frank gives unique insight into building an insurtech from the ground up. Hear how Inari got its start from Frank's home study and grew into a global company of 60+ employees in just 6 years. Learn how Inari is using cutting-edge technology like AI and interconnectivity to transform policy administration and bordereaux management for the industry. EPISODE LINKS: Frank’s LinkedIn: https://www.linkedin.com/in/frank-p-30b9b250/ Inari: https://www.inari.io/ CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: ⁠https://www.linkedin.com/company/supercedehq⁠ Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube: ⁠https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Recorded on the Supercede yacht at the 66th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo. Get the inside scoop on the lucrative world of Lloyd's reinsurance capital from two industry insiders. Kate Tongue and Robert Flach of Argenta Private Capital give a behind-the-scenes look at how high net-worth individuals and institutional investors can profitably participate as capital backers of Lloyd's syndicates. Learn how the process works, how quickly you can get involved, which syndicates take outside capital, and why now presents an ideal investment opportunity. Don't miss this exclusive access to an industry rarely open to outsiders, straight from Monte Carlo. EPISODE LINKS: Kate’s LinkedIn: https://www.linkedin.com/in/katejohnsontongue/ Robert’s LinkedIn: https://www.linkedin.com/in/robert-flach-21ab114/ Argenta: https://www.argentagroup.com/investing-at-lloyds CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

This week the guys dive deep into artificial intelligence (AI) and how generative AI is increasingly becoming a concern for enterprise companies as an emerging risk. The episode covers regulation, how AI might be used within re/insurance, and how AI risks might be insured. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:58) Introduction to AI & Machine Learning (06:55) The Black Box Problem (09:05) Bias in the Training Data (11:45) Regulation Concerns (13:53) Where & When to Use AI in Insurance (16:02) How Do You Insure AI Risks?

Recorded on the Supercede yacht at the 66th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo. Jump into the insightful world of Stephen Netherway as he navigates a decade of experiences at the Monte Carlo Rendezvous. Discover how the industry has transformed post-pandemic, the rising relevance of legal perspectives, and the future of technology in law. EPISODE LINKS: Stephen’s LinkedIn: https://www.linkedin.com/in/stephennetherway/ Devonshires: https://www.devonshires.com/ CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

Recorded on the Supercede yacht at the 66th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo. Dive into the captivating world of reinsurance with Forbes McKenzie. Uncover cutting-edge technologies and delve deep into the heart of natural catastrophe management. From the glitz of Monaco's prestigious reinsurance Rendezvous, this exclusive interview promises insights and revelations you won't want to miss." EPISODE LINKS: Forbes' LinkedIn: https://www.linkedin.com/in/forbesmckenzie/ MIS: https://www.mckenzieintelligence.com/ CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

Recorded on the Supercede yacht at the 66th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo. Dive into the heart of the reinsurance world with Javier San Basilio, CEO of Mapfre Re! Get insights on industry trends, the future of renewals, and the value of face-to-face interactions in the digital age. EPISODE LINKS: Javier's LinkedIn: https://www.linkedin.com/in/javier-san-basilio-35b2291/ MAPFRE RE: https://www.mapfrere.com/en/ CONNECT WITH US: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com

In this mini episode the guys reveal some of the findings from the newly released whitepaper focusing on the impact of poor reinsurance data quality.  Get the whitepaper now: https://supercede.com/reinsurance-insights-and-whitepapers/the-reinsurance-data-crisis CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:18) Interviews With Underwriters   (04:02) Whitepaper Structure & Content (07:33) Recap of the Findings

In this episode Ben & Jerad discuss the Rendez-Vous de Septembre (RVS), a key conference in the world of reinsurance. Hear all about RVS, its importance, and place within the list of reinsurance-led annual events.  CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:06) Why Do We Have Reinsurance Conferences? (05:19) Why Is the Rendez-Vous de Septembre (RVS) in Monaco? (09:26) What’s the Conference Like? (15:38) Meetings, Panels, & Afterparties    (18:15) Claim Events Happening During RVS (22:02) The Reinsurance Podcast in Monte-Carlo 2023

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (00:53) Increasing Natural Catastrophe Events (03:44) Record ILS issuance in H1 and a record-breaking year expected: Swiss Re (06:41) AI becomes one of the top five emerging risks in Q2 2023: Gartner (09:52) Vesttoo commences Chapter 11 bankruptcy proceedings in the US

Dive into the latest episode where Jerad and Ben unpack the ongoing "war on talent." Discover the challenges of attracting top-tier talent to the reinsurance space and learn about the macro-economic impacts driving the industry. From comparing arts degrees to technical skills, to exploring the evolution of the sector.  CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:44) What Is the Best Talent? (06:16) Diversity of Opportunity (09:37) Increased Specialisms (16:27) How to Attract Top Talent (20:11) Expectations for Newer Generations

This week the guys explore reputational risk for re/insurance firms and individuals in today's context. We examine the risks and rewards of brand building, reputational products, ESG positioning, known and unknown risks, virtue signalling, defamation, claims payment, and differences between consumer and commercial firms. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:44) Reputation: Individuals & Firms  (04:11) Risks Vs. Reward to Brands (07:36) Buying Reputational Insurance Products (12:40) ESG Positioning (14:50) Managing Known & Unknown Risks  (15:46) Virtue Signalling & Cancel Culture (20:31) From Brands to Personalities (22:11) Defamation… But What If It’s True? (23:54) Reputational Risk of Not Paying Claims (25:33) The Importance of Reputation for Brands (29:00) Differences In Consumer Vs. Commercial Firms

Reinsurance News Roundup - July 2023 Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:04) Florida Capacity Crunch (01:49) US Property Cat Rates (04:38) Vestoo

We’re joined this week by deputy news editor at The Insurer, Ryan Hewlett. He helps us understand the landscape of insurance journalism, diving into what makes a good story, how to determine what stories matter in the wider context of the market, and the most important pieces of news right now.  EPISODE LINKS: Ryan's LinkedIn: https://www.linkedin.com/in/ryan-hewlett/ The Insurer's Company LinkedIn: https://www.linkedin.com/company/theinsurer/ The Insurer: https://www.theinsurer.com/ CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:12) Ryan’s Insurance Beginnings (03:08) Finding the Right Stories (06:52) Net-Zero Insurance Alliance    (08:24) The Role of Journalism in Insurance (14:39) How Technology Impacts Journalism (19:26) Big Personalities in Insurance (20:16) Monte Carlo, Baden-Baden, & Beyond (21:24) Impact of AI & ChatGPT on Journalism (25:26) Understanding What News Matters (27:11) Integrating the Right Technologies (28:04) The Most Interesting Stories Right Now

We’re joined by Tom Spier to help navigate the July 2023 renewals. Hear insights on how the industry tackled these reinsurance renewals. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:23) Broad Level Market Feedback (03:31) Lines of Business Under Scrutiny  (04:17) Cedents Adapting to Current Conditions (07:25) Frustration for Reinsurance Brokers (09:29) Better Data, Better Pricing (11:32) Underwriters Can Be Choosey (14:03) Improved Responses to Reinsurers (16:40) January 2024 Renewal Predictions

Expert ex-practitioners of the London Market provide insights into this unique place that’s historical importance to insurance cannot be understated. The guys run through what makes this market special, how it’s been instrumental in connecting capital to insure the uninsurable, and the challenges London and Lloyd’s face when it comes to modernisation. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:54) Lloyd’s & London’s Place In Re/Insurance (05:31) What Makes the London Market Special? (10:05) Connecting Underwriters, Brokers, & Capital (18:43) The Future of the London Market (23:20) Challenges With Modernisation

Get insider tips on optimising your reinsurance strategy in this information-packed episode. Learn how to maximise savings through data analysis, build trusted partnerships with reinsurers, and overcome challenges like data latency. Ben & Jerad provide actionable advice on monetising reinsurance, responding to market uncertainty, and leveraging improved data systems to unlock additional capacity.  CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:23) Buying Reinsurance (04:03) Strategic Value of Ceded Reinsurance (07:02) Reinsurance Maturity Curve & Capital Efficiency (10:32) How to Monetise Your Reinsurance  (15:56) Importance of Trust With Your Reinsurers (19:43) How Underwriters Respond to Uncertainty (22:21) Latency of Reinsurance Data Cuts (30:45) Unlocking Capacity With Better Data  (34:33) New Challenges for Aviation Underwriting

We’re joined this week by Tom Draper, Head of Insurance at Coalition. Jerad and our guest co-host Tom Spier (who also happens to be Supercede’s in-house cyber expert) discuss how companies in cyber markets can protect against heavy capital demands, responding to market cycles, and the benefits and disadvantages of AI. EPISODE LINKS: Tom's Linkedin: https://www.linkedin.com/in/thomas-draper Coalition's Linkedin Page: https://www.linkedin.com/company/coalitioninc Coalition Website: https://www.coalitioninc.com Luther: https://www.luther.co.uk CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:40) Tom’s Early Career (02:19) Head of Insurance Explained (04:18) Product Evolution at Coalition (05:48) Protecting Against Capital Demands (10:05) Responding to Hardening Market Conditions (11:58) Issues With Cyber Cat Modelling (18:45) Sales Approaches for Cyber Security (20:50) Protecting People Globally (22:58) What’s Next for Coalition’s Expansion? (25:06) Proactively Preventing Exploits (28:41) Lloyd’s War Exclusion  (36:19) Benefits & Limitations of AI & ChatGPT (44:14) What Will Happen In the Upcoming Renewals?

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:00) Swiss Re: Persistent US Inflation (05:25) Hannover: Changing Pricing Dynamics (08:17) Claims & Losses (11:00) Capital Raises (12:20) AI & Algorithmic Underwriting  (16:37) Reinsurers Retreating

This week the guys run through all things affecting reinsurance spend, including rate increases, hard and soft markets, and how risk profiles have changed due to black swan events. CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:51) Rate Increases (04:40) Reinsurance Cycles: Soft & Hard (07:31) Brokers in a Soft Market (09:34) Reinsurer Difficulties  (11:12) Changes in Risk: Black Swan Events (21:27) Opportunity for Venture Capital  (23:35) How Long Will the Hard Market Last? (28:16) Benefits of Starting a Re/Insurance Company

We’re joined this week by Rosina Smith, CPO at MIS. Jerad and Rosina discuss innovation in the insurance and reinsurance space, how regulation impacts the ability of new products to go to market, and the future of McKenzie within the frame of insurtech. EPISODE LINKS: Rosina's LinkedIn: https://www.linkedin.com/in/rosina-s-56421530/ McKenzie LinkedIn: https://www.linkedin.com/company/mckenzie-intelligence-services-ltd/about/ McKenzie Website: http://www.mckenzieintelligence.co.uk/ CONNECT WITH US: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:05) Rosie’s Early Career (02:15) Geospatial Data Sets & Models (04:04) Innovation in Insurtech (07:44) McKenzie’s Products & Value Proposition (13:20) Re/insurance Execs Lack Immediate Briefing (16:20) Data Access Unlocks Insights (20:49) Collaboration for Better Value (22:50) Building Insurance Products & Services (27:22) Challenging Indemnity (30:05) Product Innovation Vs. Regulation (33:46) The Value of Human Involvement (38:51) Emerging Tools to Add Value & Solve Problems (42:44) The Future at MIS Within Insurtech

This week’s particularly insightful episode has Jerad & Ben explaining the pains of ceded reinsurance. Our in-house experts dive into the problems surrounding data, working with reinsurance brokers, and the impact of a hardening market. We’ve also invented a new reinsurance game.  CONNECT WITH US: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:23) Overview of a Ceded Re Team (03:04) Collecting Data Across the Organisation (04:13) Lacking Direct Access to Data  (06:22) Working With Reinsurance Brokers (07:35) Aspirational Buying Vs. What Actually Happens (09:02) Your Reinsurance Isn’t Being Priced Properly  (10:04) The Impact of a Hardening Market (11:32) Bad Reinsurance Data Is Costing You Money (12:59) Wider Capital Markets (14:53) Problem Pong: Challenges for Ceded Re Teams  (19:00) Copy, Pasting, Ingesting, & Analysing Data  (20:34) Post Placement Analytics & Insights

In this episode we delve into the rapidly evolving intersection of AI, Generative Pre-training Transformer models (GPT), and their prospective impacts on the reinsurance industry. Discover how these technologies are shifting paradigms, enhancing reliability and pushing the frontiers of underwriting and risk pricing. Our discussions navigate through an AI-influenced future and the transformative role of AI in M&A strategies. We also delve into the increasingly pivotal role AI plays in understanding complex insurance policies and the efforts to increase reliability of language models like ChatGPT. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:30) Predictions of AI-Influenced Insurance (05:16) Augmented Reality  (06:58) Excitement for the Future of Insurance (09:01) Current Reliability With Generative AI (13:35) Understanding Insurance Policy Documents With AI (15:10) Accuracy & Reliability of Generative AI for Insurance (18:46) Increasing Reliability of Large Language Models (21:08) How AI Might Impact M&A Strategy in Insurance   (23:45) AI Model Regulation for Risk Pricing (24:53) Solving Problems That Matter (30:25) AI & ChatGPT Prompting

This week we’re lucky to have carbon insurance market experts, Natalia Dorfman, CEO & Co-Founder of Kita, and James Kench, Head of Insurance at Kita. Our guests guide us through the fascinating world of the carbon market, including challenges of underwriting carbon risks, growth in the sector, and new insurance products to meet new needs. EPISODE LINKS: Natalia’s LinkedIn: https://www.linkedin.com/in/natalia-dorfman/ James’s LinkedIn: https://www.linkedin.com/in/jameskench/ Kita: https://www.kita.earth/ Company LinkedIn: https://www.linkedin.com/company/kitaearth/ OUTLINE & TIMESTAMPS: (00:00) Intro (01:01) Natalia’s Background (02:18) James’s Background (03:45) An Overview of the Carbon Market (07:14) Compliance & Voluntary Markets (09:58) Growth in the Carbon Markets (12:33) Challenges in Scaling Carbon Solutions (16:10) Main Hazards & Risk Categories (20:18) Insurance Products Covering Carbon Risk (22:52) Underwriting Carbon Risks (27:36) Distribution of Carbon Insurance Products  (30:51) Attracting Capacity for Carbon Underwriting (32:31) The Value of Lloyd’s in New Development  (33:44) Net Zero Investment & Underwriting Strategy CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com 

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (00:51) RenRe Acquisition of Validus Re (02:57) Stagnation of London Re/insurance Market (03:41) Aon Suing Alliant Over ‘Unlawful Raids’ (04:30) Major Reinsurers Withdrawing from Net-Zero Insurance Alliance (NZIA)  (06:32) Insurance Utilising ChatGPT & AI

This week the guys deep dive into the transformation of reinsurance broking due to the impact of technology, how modern reinsurance brokers have become more sophisticated, leveraging data and information to provide better solutions for clients, and the way in which technology will play a crucial role in removing low-value work and enhancing efficiency for brokers (for those savvy enough to take advantage of all the increasingly specialised tools). EPISODE LINKS: https://supercede.com/blog/reinsurance-broking-entering-the-third-wave CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:25) The Impact of Technology on Reinsurance Broking (08:35) Brokers Lack Specific Digital Tools for Reinsurance  (15:30) Creating Positive Buying Experiences  (17:50) Current Challenges With Tailored Value-Add Services (22:36) Unlocking the Third Wave of Reinsurance Broking (24:18) The Big Barrier of Moving the Industry Forward (26:41) Will There Be Increasing Specialisations?

The guys go deep into alternative risk transfer this week, discussing insurance-linked securities (ILS), cat bonds, and why re/insurers may choose different ways to mitigate risk other than traditional reinsurance deals. This episode is also packed with analogies, including one from ChatGPT!   CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:57) Jerad’s Analogy for Alternative Risk Transfer (06:18) ChatGPT’s Analogy for Alternative Risk Transfer  (08:31) Ben’s Analogy for Alternative Risk Transfer  (10:02) Insurance Linked Securities (ILS) Explained (15:22) Concerns With ILS Compared to Traditional Reinsurance (17:58) Drivers of ILS Purchasing, Cat Bonds, & Capacity Constraints (19:48) Basis Risk: Indemnity Triggers & Parametric Coverage (22:22) Traditional Reinsurance Vs. Alternative Risk Transfer  (26:15) Brokers Using Creativity to Solve Client Problems (28:25) Insurance Add-Ons, Protections, & Exclusions

In our fourth ask us anything episode, the guys answer questions put forth from listeners! We want to thank everyone that sent us their questions. All questions are in the timestamps below. If you'd like your question answered in the next Q&A, send us a message at producer@thereinsurancepodcast.com⁠ CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:55) How Will Automation for the Underwriting Workflow Impact the Industry? (05:20) Why Are Ceded Re Teams So Busy in the Lead Up to 1/1 Renewals? (10:45) What Should an Early Career Data Analyst Be Doing for Career Progression? (13:49) What Does the Ideal Cedent Look Like? (19:24) In Such a Relationship-Centric Industry, Why Does Good Data Matter? (22:04) Have You Seen Creative Deal Structures That Tackle Unique Risks?

We’re missing a co-host this week but that didn’t stop Jerad from having one of the most fascinating and insightful conversations we’ve ever had on the podcast. Our special guest, Michael Cenzer, Chief Pricing Actuary at Validus Re, went through the nuances of actuarial pricing, shifting market trends, and the increasing importance of high-quality data.  EPISODE LINKS: Michael's LinkedIn: https://www.linkedin.com/in/michael-cenzer-7297693/ Validus Re: https://www.aig.com/home/risk-solutions/aig-re/validus-re CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:02) Mike’s Journey Into Reinsurance (03:30) Analogy Battle: What Is a Pricing Actuary? (05:47) Pricing in Practice: How it Works (09:37) Examples of Factors Applied for Pricing in a Movie (13:47) Importance of Data for the Reinsurer (16:04) Drivers of Current Hardening Market Conditions (19:19) Florida Legislation to Help Soften Markets (24:01) Market Trends: An Actuarial Perspective (26:45) What Will Soften the Market? (29:40) Will Programs Become More Bundled or Fractured? (31:51) Granular Data Transforming the Industry (34:32) Biggest Challenges With Data (37:20) Benefits of Data Consistency (39:02) What Better Data Can Unlock for the Industry (44:36) Data Importance for Cyber Risk (45:20) Price It! - Reinsurance Pricing for an Autonomous Fleet (49:45) Portfolio Strategy Risks The views and opinions expressed in this podcast are those of the speakers and do not necessarily reflect the official policy or position of Validus Re. or its subsidiaries or affiliates (“Validus”). Any content provided by our speakers are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything. Validus makes no representations as to accuracy, completeness, correctness, or validity of any information provided during this podcast and will not be liable for any errors, omissions, or delays in this information or any losses injuries, or damages arising from its use.

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (00:12) Japanese Renewals (0041) SCOR Growth - Japan & US (01:10) Gallagher Report: Global Natural Catastrophe Losses (01:56) Supercede Completes Expansion Into Africa (02:24) Howden Raising Capital for Expansion

This week the guys finish off the placement process series, unravelling the complexities of the post-placement phase. If you haven't already, check out part one: https://supercede.com/podcasts/89 CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:19) Re-entering Data Into Siloed Systems (04:13) Interrogating & Aggregating Data (06:23) Challenges in Aligning Front & Back Offices  (08:50) The Flexibility of Reinsurance Deals (09:46) The Failed Promise of Blockchain (12:33) How Will Technology Help Reinsurance Data & Deal-Making?  (14:10) Automating Data Packs & Data Cut Work (15:39) Building Bespoke New Re/insurance Products (18:04) Analogy Battle: What Is Automation? (21:20) Automating Janitorial Data Work

In this Insurance Institute of London reinsurance webinar, an expert panel navigates new technologies that have emerged in response to the market’s need for reinsurance-specific technology, including specific solutions for risk modelling, outwards data preparation and deal administration, accounting and settlement. Free resource showing key insights & highlights from the panel discussion here: Download PDF MODERATOR Catrin Shi: Award-winning (re)insurance industry journalist and Editor in Chief of Insider Publishing Group, moderates an expert panel of reinsurance technologists. PANELISTS Colette Karakashian: Director of Product Management for Verisk Extreme Event Solutions (formerly AIR), shares views from more than a decade at the cutting edge of catastrophe modelling and highlights how Next Generation Models (NGM) will transform the way we understand risk in 2023 and beyond. Jerad Leigh: Co-Founder & CEO of Supercede, draws on more than a decade of reinsurance broking, consulting and systems development experience to explain how new software can help cedents and brokers to save months of work by automating away outwards data preparation and manual deal administration; Julien Victor: Managing Director, Reinsurance for Duck Creek (formerly Prima XL), reflects on twenty years of developing (re)insurance software to consider whether technology devoted specifically to reinsurance now has enough supply (and demand) to merit the emergence of a ReinsurTech category. OUTLINE & TIMESTAMPS: (00:00) Panellist Introductions (02:54) What Is Reinsurtech? (09:52) Use Cases of Reinsurtech  (14:19) Issues With In-House Reinsurance Solutions (17:59) Who's Responsible for Driving Industry Standards? (20:25) Applicability of Blockchain Technology (24:08) Where Are the Full-Stack Reinsurance Carriers? (27:42) Reinsurtech Today Vs. Reinsurtech in 10 Years (33:13) Problems With Spreadsheets: Scalability & Analytics  (36:40) How SaaS Changes Reinsurance Software Purchasing (40:05) Reinsurtech and the Cyber Reinsurance Capacity Gap (43:15) Examples of Unnecessary Manual Work in Reinsurance (47:06) Reinsurtech’s Impact on Reinsurance Claims Management (48:05) Final Takeaways

This week the guys  take a deep dive into the reinsurance placement process, breaking down each phase and offering expert advice for success. From pre-placement to post-placement (well, almost - that’s what part 2 is for!!), they guide you through the essential steps, offering tips and strategies to help you navigate the complexities of the reinsurance placement process. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (01:29) Pre-Placement, Placement, Post-Placement (02:24) Presenting Data to Markets  (04:00) Continual Assessment of Appetite & Interest (08:23) How to Your View of the Market (09:13) Pre-Placement to Placement  (10:45) Broker Facilitating Cedent-Reinsurer Exchange (13:59) Indicative Quotes & Feedback on Structure Options (15:34) Losing Oversight of the Placement Placement (17:12) Senior Executive Challenges (19:38) How Data Is Tracked During the Placements Phase (24:28) Outtro

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (00:38) Florida Tort Reform (02:21) Reinsurers’ Premiums Up 12.1% in 2022; Combined Ratio Worsens to 95.7% (03:55) Ascot & Generali UK Choose Supercede for Their Reinsurance Technology Provider (04:37) Lemonade Crypto Climate Coalition Protects Nearly 7,000 Kenyan Farmers (06:41) US Economic ‘Hard Landing’ Unavoidable: Swiss Re

Dive into the world of reinsurance partnerships in this latest episode. The guys explore the intricacies of reinsurance transactions, discuss how collaborations can lead to access to new risks, and analyse the 'Uberisation' of the industry. Ben & Jerad also delve into the critical role of technology and data in understanding and pricing risk, as well as the innovations in insurance coverage. Discover the fine balance between partnering and going solo in this rapidly evolving space, while examining the concept of full stack insurance and the value of finding partners in competitors. They wrap up with an analogy battle and a look at how SaaS is unlocking and improving efficiency within the reinsurance sector. CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:07) The Three Parties in a Reinsurance Transaction (03:01) Leveraging Partnerships to Access New Risks (05:14) The ‘Uberisation’ of the Industry (07:23) Understanding & Pricing Risk With Better Tech & Data (10:35) Innovations in Insurance Coverage for Society   (11:59) When to Partner & When to Do Things Yourself? (15:02) Full Stack Insurance: It Doesn’t Really Exist (15:52) Finding Partners in Competitors (18:51) Ending & Absorbing Partnerships  (20:15) Shared Reinsurance Software for the Entire Industry (24:04) Analogy Battle: Tower of Babylon  (26:41) SaaS Unlocking & Improving Efficiency

This week, which includes a totally un-ominous green glow, the guys discuss emerging risk classes. They delve into identifying new risk classes, insurance products designed to meet those needs and their respective life cycles, and consideration for the insurance protection gap.  CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:12) Is Insurance Bought or Sold? (03:12) Uninsurable, Partially Insurable, & Insurable Risks (04:28) The Impact of Stripping Inefficiencies in the Insurance Model (06:16) Creating New Insurance Products & Their Lifecycles  (11:21) Latency of the Insurance Industry Addressing Emerging Demands  (13:21) Does the Current Value Chain Slow the Process of New Products? (18:03) Identifying Emerging Risks (18:57) New Emerging Risk Classes (20:39) The Insurance Protection Gap (24:07) How Technology Can Impact Insurance

A short, punchy episode this week - the guys delve into reinsurance structures for protection against cat losses, the value of reinsurance brokers, and technological innovations in the space. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:05) Building Reinsurance Structures to Tackle Catastrophe Exposure (02:52) Typical Catastrophe Scenarios (04:44) Contracts & Reinsurance Products (08:56) The Value of Reinsurance Brokers (10:03) Confounding Variables & Government Cat Bonds (12:16) Insurance Linked Securities (ILS) (13:36) Challenges of Running an Insurance Company (15:06) Catastrophe Modelling & Other Technologies (17:14) Technological Innovation

The reinsurance experts delve into how underwriting changes during hard markets, the potential for real-time responsiveness for premium calculation, and how the quality of data, and new sources of information, will change the way reinsurance operates. The guys start off strong this week with two of our favourite games, Frisk Risk and Price It! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:32) Frisk Risk Game: Insuring Love & Romance (06:32) Price It Game: Marriage, Affairs, & Divorce (09:45) Data Algorithms & Predictive Analytics (11:17) Influencing Behaviour Through Insurance Data (14:54) Real-time Responsiveness for Premium Calculation (16:30) How Cedents Can Differentiate for Better Reinsurance Pricing (19:32) Dynamic Alignment With Books of Business & Shorter Renewal Cycles (22:40) New Sources of Underlying Industry Data (23:33) Smarter Ways of Aggregating & Interrogating Insurance Data (26:41) Efficiencies Through Increased Access to & Manipulation of Information (29:36) Choosing the Right Partners (30:45) The Proposition of Full Stack Insurtechs

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:40) Cloud Outage Next Risk Class Primed for ILS Risk Transfer (01:26) Brit Increases Cyber Consortium Capacity by 50% (02:56) Turkey Earthquake Claims (04:45) Results Season (06:40) Broker Profitability in Reinsurance (07:11) Aggregate Cedent Pressures

This week Jerad and Ben sit down with Russell Higginbotham, CEO of Swiss Re Solutions and President of the CII. They discuss the international nature of the industry, how to successfully manage and progress into leadership positions, and the importance of maintaining professional relationships. EPISODE LINKS: Russell's LinkedIn: https://www.linkedin.com/in/russell-higginbotham-fcii-6a87921/ Swiss Re Solutions' LinkedIn: https://www.linkedin.com/showcase/reinsurancesolutions-swiss-re/ Swiss Re Solutions Website: https://www.swissre.com/reinsurance/reinsurance-solutions.html Chartered Insurance Institute LinkedIn: https://www.linkedin.com/school/chartered-insurance-institute/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:14) Russell’s Reinsurance Beginnings (03:40) International Travel Opportunities Through a Reinsurance Career (05:27) Working Culture Differences & Challenges in Japan (08:32) Experience Gained From Working Across International Markets (12:10) Balancing Personal & Professional Ambitions (16:05) Benefits of International Job Opportunities in (Re)insurance (18:01) Risk Transfer & the Global Nature of Insurance & Reinsurance (20:07) The Type of People Re/insurance Attracts (22:00) Flexibility of Role Switching Within the Industry (23:46) Relationships & January 2023 Renewals (25:41) Impacts of Better Data & Analytics on Relationships (26:17) Working in Australia & Beyond (28:45) Returning to the UK as CEO of Swiss Re Solutions (31:38) How to Successfully Manage & Progress Into Leadership Positions (34:19) Working in Singapore & Through the Covid Pandemic (35:40) Will Hybrid Working Affect International Travel? (38:55) Travel for Swiss Re Solutions and as CII President

Relationships within reinsurance are a vital part of the industry, perhaps more so than others. Trust, collaboration, and reputation keep the value chain stable in times of hardening markets. The guys discuss drivers of market behaviour, how and why relationships span decades, and cultural differences in different regions. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:36) Reinsurance: A Relationship Industry (04:03) Multi-Contract Deals Spanning Years (06:03) A Mutually Beneficial Hedge (07:35) Cultural Differences & Client Loyalty (09:15) Analogy Battle: Reinsurance Relationships (11:38) Relationships Challenges During Hard Markets (14:46) Strongest Performers of 2023 Renewals Had Great Relationships (16:07) Drivers of Market Behaviour (18:45) Reputation: Company & Individual

The experts (/nerds) of reinsurance are back and this week they’re covering everything reinsurtech. They discuss why reinsurance technology is only now becoming a thing, how useful these new platforms are practitioners and the wider value chain, and how reinsurance software is transforming the industry. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:51) What Is Reinsurtech? (04:08) The Emergence of Specialty Software (05:34) How the Cloud Was a Driver of Insurance Innovation (07:31) How to Make Reinsurance Data Accessible (09:17) Why Reinsurance Needs Specific Software Solutions (14:46) How Reinsurance Technology Helps Practitioners (16:40) APIs Eliminating Reinsurance Rekeying (19:27) Insurtech vs. Reinsurtech: Software Progression (21:24) The Boom in Reinsurtech Entrepreneurship

We’re lucky to be joined with Paul Gadsby, Ceded Reinsurance Officer at Chubb now turned consultant for the reinsurtech Supercede platform. The guys run through the importance of relationships, how reinsurance technology and practices have evolved over time, and the importance of structured information via quality data. EPISODE LINKS: Paul's LinkedIn: https://www.linkedin.com/in/paul-gadsby-640b3a25/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:10) Paul’s Beginnings in Reinsurance (05:29) Shifting Into a Buyers Position in a Hard Market (06:38) Travelling & Writing Property Catastrophe in Bermuda (08:26) Managing the Impact of Huge Catastrophe Events (10:46) Relationships in Reinsurance (16:25) How Buyer’s Build Trust With Reinsurers (18:41) Data Preparation: Challenges & Improvements (20:59) Changes in Reinsurance Since the 1980s (25:37) Innovation In Reinsurance Technology (29:41) Data vs. Structured Information (31:20) Collaboration With Reinsurance Brokers & Data Cleansing (34:43) Portfolio Optimisation Through Reinsurtech

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:26) $24bn of Underlying Premium Placed Through the Reinsurtech Supercede (01:26) Goldman Sachs: the Market Is Hardening in All Lines & Regions (02:28) Aon Slightly Contradicting Goldman Sachs: Casualty Better Than Expected (04:08) Galllagher’s $140bn Natural Catastrophe Loss Year in 2022 (06:10) Alternative Capital Shortage Impacting Rate Environment

The second in our ‘On Tour’ episodes in Munich, Ben sits down with Holger, CEO of Allianz Re - the reinsurance arm of the Allianz Group. They discuss large portfolio management, innovations in reinsurance, and the hiring of team members. EPISODE LINKS: Holger's LinkedIn: https://www.linkedin.com/in/holger-tewes-kampelmann-746075b6/ Allianz Re: https://www.allianzre.com/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:00) What Is Allianz Re? (04:25) Large-Scale Portfolio Management (06:30) The Current Investment Landscape: Challenge or Opportunity? (08:16) A Change in Balance for Reinsurers (09:30) Insurance Groups With 3rd-Party Reinsurance Capabilities (11:40) Innovations in Reinsurance (17:41) Hiring a Capital-Management-Centric Team

A new topic in an old industry - the brilliant gents sit down this week to discuss all things blockchain, insurance, crypto - and how it can become a protected asset class, plus the infamous FTX collapse involving Sam Bankman-Fried (who failed in freeing everyone from the bank man). CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Ben Becoming an Early Blockchain Expert for Insurance (03:02) Blockchain Vs. Cryptocurrencies - What’s the Difference? (07:06) Meme Stocks, Crypto Trends, Reflections for the Future (07:43) Governmental Frameworks to Protect These Assets (12:15) Hot & Cold Storage for Cryptocurrencies & How That Could Impact Insurance (14:48) Will the Market Recover from the FTX Collapse in Regards to Insurance Classes?

In our first episode of 2023 we’re joined by Tom Spier to help navigate the choppy waters of January 2023 reinsurance renewals. Listen to insights and strategies for how the industry tackled the toughest renewal season in decades. EPISODE LINKS: Tom's LinkedIn: https://www.linkedin.com/in/tomspier CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Unfinished Work for 2022 Renewals (04:52) Was the Pain of This Renewal Expected? (06:28) Strategies for the Bigger Cedents (07:21) Tourist Capital in Catastrophe Reinsurance Programs (10:30) What Has This Renewal Season Done to Relationships & Reputations? (13:53) The Struggle of Challenger Brokers, Finding Capital and Doing Deals (16:53) Reinsurtech Value for Smaller Brokers (18:25) The Escape From Property Catastrophe (20:22) Time Pressure for Cedents (21:07) Analogy Battle: 1/1 Renewals (28:45) Outro

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:45) Reinsurance Capacity Strained; US Cat Rates to Increase 50% (03:05) Munich Re Raise 2023 Profit Guidance to €4bn (05:07) ChatGPT Artificial Intelligence (08:15) PPL’s New Platform to Go Live in February 2023

Ben sits down this week with Allianz Re juggernauts, Thorsten Fromhold, Chief Group Reinsurance Officer, and Holger Tewes-Kampelmann, CEO at Allianz Reinsurance. The three discuss the reinsurance landscape, where things are headed, Allianz Re’s unique advantages, the challenges of buying reinsurance, and the importance of reinsurance data in helping to understand exposure. EPISODE LINKS: Thorsten’s LinkedIn: https://www.linkedin.com/in/thorsten-fromhold-9b22b5242 Holger’s LinkedIn: https://www.linkedin.com/in/holger-tewes-kampelmann-746075b6 Allianz Re’s Website: https://www.allianzre.com CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:50) Holger’s Introduction to Reinsurance (03:20) Thorsten’s Introduction to Reinsurance (05:20) An Expert View on the Current Reinsurance Market (07:45) Reinsurers to Swoop at the Lack of Capacity? (10:30) Will Deals Close on Time in January? (11:26) Will Renewals Return to Normal in 2023? (13:30) Allianz Re’s Unique Advantage (14:50) How Allianz Re Prepares for Renewals (16:47) Buying Reinsurance for Allianz: Challenges & Advantages (19:30) The Importance of Relationships in Reinsurance (22:22) Reinsurance Data (24:27) What Underwriting Teams Are Looking Out for This Year

Again filming from Munich, Germany and still stuck with a guest co-host that’s twice as handsome but only half as knowledgeable when it comes to reinsurance. This week Cordy fires questions at Ben. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Introduction (01:59) Why Do Reinsurance Renewals Fall on the Same Dates Every Year? (03:26) What Would You Do If You Weren’t Working in Reinsurance? (04:19) Why Is Reinsurance Interesting? (05:46) Why Has It Taken So Long for Reinsurance to Develop Purpose-Built Tech? (12:47) Why Should Companies Trust Supercede With Their Data? (16:01) Toughest Challenges for Reinsurance Underwriters Today? (18:51) How Is Success Defined for Reinsurance Underwriters? (21:31) What’s the Most Complicated Reinsurance Deal You’ve Ever Seen?

This week we're filming from Munich, Germany - the first in a short series of 'reinsurance on the road' podcasts. We kick off our first episode with Cordy Bartlett, mastermind behind The Reinsurance Podcast and Head of Growth Marketing for Supercede. Ben and Cordy talk about why there was a need to start such a niche podcast, viewership numbers, what makes the podcast work, and what we have in store for the future. EPISODE LINKS: Cordy's LinkedIn: https://www.linkedin.com/in/cordybartlett/ Cordy's Favourite Analogy for Reinsurance Buying: https://www.youtube.com/watch?v=fgkEjdj-x5A CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:45) The Reinsurance Podcast Response (01:27) Why We Started the Podcast (02:27) Viewership & Stats (03:35) Podcast Games (04:31) Cordy’s Favourite Analogy Battle (07:29) What Comes Next for the Podcast? (10:05) How Does Ben Find Doing the Podcast? (12:45) Ben’s Favourite Episodes (14:47) Ben & Jerad’s Working Relationship (16:47) Future Episode Topics

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:52) Swiss Re US Inflation Report (04:54) Hannover Re: Changing Pricing Dynamics (07:39) $3 Billion Lloyd’s Losses for Hurricane Ian Claims (15:35) Reinsurers Announcing Pull-Backs from Various Lines of Business

Jerad & Ben sit down with Jacob Palmer, Partner at Boston Consulting Group (BCG) and co-author of the Reinsurance in Focus report. They dive into all things reinsurance in this fascinating and extremely informative episode. EPISODE LINKS: Jacob's LinkedIn: https://www.linkedin.com/in/jacob-palmer-664ba430/ BCG's Reinsurance in Focus Report: https://www.bcg.com/publications/2022/global-reinsurers-tsr-performance CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:43) Reinsurance in Focus for BCG (02:32) Jacob’s Introduction to Reinsurance (05:21) 5 Year vs. 10 Year Horizons for the Industry (08:46) The Ways Reinsurers Make Money (10:26) Top Performers in the BCG Reinsurance Report (11:50) Challenges for Smaller Reinsurers (14:14) Costs Associated With Portfolio Diversification (15:32) The Impact of Inflation & Higher Interest Rates (18:28) Evaluating the Objectives & Purpose of Reinsurance (20:16) Metrics for Industry Executives to Keep an Eye On (21:43) How Long Will the Hard Market Last? (26:40) Reinsurance Relative to Other Industries (28:55) Thoughts on Diminishing Industry Value (34:06) Reinsurance Technology Supporting Practitioners (34:59) What Are Reinsurers Good At?

This week Jerad & Ben explain how cedents can get better and more accurate reinsurance pricing from reinsurers. They touch on data accuracy and the speed of which it can be prepared, how to optimise your buying strategy, and how to gain maximum value-add through collaborating with your broker(s). Ben also happens to do an off-the-cuff analogy describing what it’s like to be a cedent in the current climate which is absolutely brilliant. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:55) Leveraging Data for Reinsurance Purchasing (03:11) Saving Time & Improving Efficiency With the Right Tools (06:30) Addressing a Hardening Market (07:49) Automating Manual Processes Through Your Buying Strategy (09:21) Value Add from Collaborating Well With Your Broker (11:22) The Catchphrase of Many Ceded Re Buyers: No Surprises (16:25) Placement Platforms (18:34) What It’s Like Being a Cedent Right Now (22:32) Controlling Your Portfolio (24:20) The Challenges Facing All Cedents At the Moment

The guys sit down to talk about all things startup funding. Pulling from personal experience of building the reinsurtech, Supercede, from the ground up, Jerad and Ben go into the details of how it’s done. They cover the ways in which startups get funded, company valuations, and exit strategies. Not one to miss for budding entrepreneurs! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:53) Bootstrapping vs. Raising Venture Capital (06:59) Pre-Seed, Seed, Early Stage, & Beyond (08:49) Exit Strategies, Investor Stakes, & Share Dilution (13:11) Company Valuation (20:45) Bubbles & Busts

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:38) Hurricane Ian: Loss Ranges & ILS Absorption (03:01) Limited Floridian Reinsurance (05:36) MS Amlin Wins COVID BI Dispute With UK Pub Group (08:00) P&C Underwriting Profits Rising, Net Income Falls Dramatically

In our second AUA, the guys answer questions put forth by you! We want to thank everyone that sent in their questions. If you’ve got a burning question you’d like to ask, get in touch - it might be included in our next AUA! All questions are in the timestamps below. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:03) Who Was Your Favourite Broker? (03:36) Who’d Win a Half Marathon? (05:01) What Was Your Favourite Part of Being a Broker? (06:53) How Is the Reinsurance Industry Funded? (10:36) Most Significant Developments In the Industry In the Past 5 Years? (14:10) If You Could Go Back, Would You Change Anything When Starting Supercede? (18:05) How Is Reinsurance Premium Calculated?

This week we have all Supercede founders in the room with a special appearance from Jezen Thomas, who also happens to be Supercede’s CTO. The guys discuss what makes a good startup, from culture to best working practices, the importance of iterating when building great software, and how reinsurance technology is changing for the better. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:30) The Founder's Journey (03:37) Attracting Top Talent (06:24) Jezen’s Early Career & Influences (08:13) Ingredients for a Successful Startup (11:43) Benefits of Research Days (15:17) Retaining Talent & Lowering Turnover (16:27) What Is Open-Source? (18:28) Security Infrastructure & Penetration Testing (20:10) Why Reinsurance Has Been Slow to Adopt New Tech (24:14) Submission Data Challenges (and Solutions!) (30:50) The Iteration Model (35:40) Company Hackathons (39:05) Reinsurance Data Transfer (41:40) The Complexity of Standards in Reinsurance (44:54) Jezen’s Introduction to Reinsurance (46:42) Improving the Industry With the Supercede Platform (49:29) The Technological Landscape of Reinsurance

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. EPISODE LINKS: https://www.theinsurer.com/reinsurance-month/property-cat-reinsurance-teeters-on-edge-of-true-hard-market/24962.article https://www.reinsurancene.ws/supercede-highlights-possible-300m-per-annum-re-insurance-industry-savings/ https://www.reinsurancene.ws/reinsurers-concerned-about-inflation-despite-pricing-improvement-am-best/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:31) All Things Conference Season (02:30) Reduced Catastrophe Appetite & Capacity (03:59) Other Investment Opportunities (06:15) Changing Market Conditions (09:25) How Cedents Can Benefit In a Competitive Landscape (12:09) Supercede: Highlighting $300m Savings (14:08) Inflation

This week the guys talk with Mark Bennett, VP of Global Business Development at ACORD. They get into what common standards have done for the (re)insurance market, the benefits of industry participants speaking the ‘same language’, and how embracing easy communication is advantageous to everyone. We also play a game of Analogy Battle. EPISODE LINKS: Mark's LinkedIn: https://www.linkedin.com/in/mark-bennett-0787262b/ ACORD: www.acord.org ACORD's LinkedIn: linkedin.com/company/acord ACORD Solution Group: www.acordsolutions.com ACORD Solution Group's LinkedIn: linkedin.com/company/acord-solutions-group CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:36) What Is ACORD? (01:52) The History of ACORD (04:20) What Is an ACORD Standard? (05:36) Core Issues Solved by Having Standards (06:55) Analogy Battle: What Is ACORD? (12:20) Embracing Common Standards for More Effective Trading (17:55) Do ACORD Have ‘Competitors’? (20:25) Bringing Together Organisations for Common Standards (26:20) How Much Business Flows Through ACORD Standards? (29:21) Automation Through ACORD and (Re)Insurtechs (30:20) Innovation and APIs

This week the guys are joined by Dr. Sima Adhya, Head of Space and Head of Innovation at Hamilton. They delve into the fascinating world of space insurance; the history and future of space travel, how insurance makes spaceflight possible, how claims are made against failed launches, the growing class of space tourism, and how to price an unusual risks involving Elon Musk. EPISODE LINKS: Sima's LinkedIn: https://www.linkedin.com/in/sima-adhya-49b15810/ Hamilton: https://www.linkedin.com/company/hamilton-insurance-group/  CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Enquiries: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:53) Sima’s Path to Space Insurance (02:31) Insights Into the Space Industry Through Insurance (03:35) The Role of Insurance for Spaceflight (05:28) The Taxonomy of Space Insurance (07:26) Space Salvage (09:25) Defining Losses for Space Claims (10:19) How Often Launches Fail (12:27) Insurance for Space Tourism (15:56) The Falcon Heavy Initial Launch (17:17) Kerbal Space Program: Simulation (18:25) Pricing Tools and Models for Space Risk (20:55) The Risk of Space Debris (25:27) Buying Insurance Against Launch Delays (26:59) Exponential Growth In Space Innovation (30:59) What’s On the Horizon: Space Predictions (32:58) Favourite Space Movies (35:50) Price It: Elon Rides a Cybertruck on a Falcon Heavy to the Moon (37:51) Who Insures People Flying SpaceX or Blue Origin (39:02) Broader Lines of Space Business (40:32) Space Reinsurance (42:10) The History & Growth of Space Insurance (45:13) The Impact on Risk from Iterative Rocket Changes (46:22) Alien Related Exposure: Abduction Insurance

This week the guys tackle M&A within reinsurance. Mergers and acquisitions are commonplace in this industry, with activity happening all the time. We look at how companies use acquisitions to enter new markets and geographies, the way in which M&A can be used for massive growth, and the challenges of merging companies together, whether that be in regards to systems, processes and culture. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Enquiries: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Building a Global Footprint Through M&A (03:57) Acquisition As a Tool for Growth (07:20) Common Acquisition Strategy (09:57) Aon’s Attempt to Buy Willis RE (11:09) Entrepreneurship In Reinsurance (13:45) All Roads Lead Back to the Same Place (14:35) Accessing More Reinsurance Business (18:14) Megamergers: Risks to the Buyer (21:00) Democratisation of Reinsurtech Innovation (22:31) The Importance of Culture in Mergers (26:32) Allowing Acquired Companies to Maintain Independence (31:53) Risks of Mergers: Systems

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Enquiries: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:16) Property Catastrophe (05:46) Aon & University of California Collaborate on Wildfire Modelling (13:53) Lemonade

This week’s episode focuses on Jerad’s time as a reinsurance broker at Aon. The guys go through common challenges plagued by every broker, the digitisation of deal-making, how programme structuring works, and the challenges of manual data preparation. We’ve also got a new game called ‘Broke It!’ that sees Jerad broker a fictional event provided by Ben. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Enquiries: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:46) Jerad’s Career Beginnings (04:20) Complex Client Challenges (07:21) Broking vs. Underwriting Personalities (10:24) Data Needs for Correct Buying of Reinsurance (15:05) Structuring Complex Deals & Programmes (19:32) America Doesn’t Use A4 Paper?! (20:55) Pains of Manual Data Preparation (24:40) Benefits of Reinsurance Broking (26:05) Broke It: eSports World Cup (34:20) Outro

Jerad and Ben sit down this week with Robin Merttens, Chairman of InsTech, one of the largest global networks dedicated to driving innovation in insurance, risk management, data, analytics and insurtech startups. The guys discuss all things insurance technology, how marketplaces and exchanges facilitate new ideas, and some of the biggest challenges facing practitioners today. And no episode would be complete without an analogy battle! EPISODE LINKS: Robin's LinkedIn: https://www.linkedin.com/in/robinmerttens/ InsTech: https://www.instech.co/ Marketplaces & Exchanges Report: 10 ways they are reshaping insurance : https://www.instech.co/civicrm/contribute/transact?reset=1&id=27 CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: (00:00) Intro (01:03) Robin’s Foray into Insurance Technology (03:10) What Is a Platform? (06:02) The Evolution of Technology (07:37) RI3K (10:05) Challenges of Digital Risk (13:56) Documents Vs. Data (16:16) Difficulties of Industry Consensus (18:05) The B3i Blockchain Initiative (22:10) InsTech: Collaboration & Partnerships (24:12) InsTech Marketplace & Exchanges Report (29:38) The Implications of Successful Marketplaces (32:38) Driving Innovation (36:10) Analogy Battle: Insurtech (41:25) Insurtech Exchange Benefits to the End Consumer

In our first ever AUA, the guys answer questions put forth from you! We want to thank everyone that sent in their questions, we couldn’t get through them all but we will do an Ask Us Anything 2 at some point. All questions are in the timestamps below! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Contact: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:40) Why Build Supercede Instead of Developing Solutions at Aon or Guy Carpenter? (05:33) What’s the Most Outrageous Risk Seen During Your Time as an Underwriter? (07:49) What’s It Like Running a Reinsurance Tech Startup? (12:50) I Accidentally Shrunk My Jumper, Will Ben Wear It on the Podcast? (14:06) How Does Climate Change Affect Reinsurance? (16:55) How Is Supercede Funded & What Factors Impact How You Get Funding? (19:42) Have You Seen Any Unethical Practices or Questionable Behaviour While Working in Reinsurance? (24:18) What Made You Start ‘The Reinsurance Podcast’?

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:33 End of Quarter Results 02:36 Aspen Review 05:28 B3i Filing for Bankruptcy 10:48 Blockchain Technology

The guys are joined this week by Howden Broking Group superstars, Michelle To, Head of Business Intelligence, and David Flandro, Head of Analytics. They discuss reinsurance technology and the best ways of leveraging data, industry trends, and how NOVA was developed to best serve the needs of reinsurance practitioners. EPISODE LINKS: Michelle’s LinkedIn: https://www.linkedin.com/in/michelle-to-b105a395/ David’s LinkedIn: https://www.linkedin.com/in/david-flandro-074813/ Nova Platform: https://www.howden-nova.com/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:10 Defining Analytics Through the Lens of Reinsurance 02:47 Data Collection & Auditing In Reinsurance 04:16 NOVA & Data-Driven Insurance 10:18 Reconciling Disparate Data 14:45 Data-Backed Pricing & Securitising Risk 17:53 How Data Can Be Used 19:03 Howden Business Intelligence & Insights 21:54 Developing NOVA 25:25 Technology & Analytics In Reinsurance 28:31 Technology Supporting Relationships & Claims 32:43 Making Curated Data Accessible 35:02 How to Get Into Reinsurance Analytics

This week’s episode is a slightly more technical one around a subject we keep hearing about: an impending recession. Jerad & Ben discuss the drivers of recession, how this impacts the world of insurance, what lines of business are most impacted, and what happens when insurance prices rise. To make things a little more cheerful, we’ve included a NSFW Claim of the Week! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:35 What’s Driving the Possibility of Recession? 04:07 Inflation & Stagflation 08:32 Monetary Policy & Interest Rates 09:44 Reinsurance, the Non-Correlated Asset Class? 14:03 Increases in Insurance Fraud During Economic Recession 15:13 The Link Between Insurance, Insurers, & the Economy 19:43 What Happens When Insurance Prices Rise 21:01 What Should (Re)Insurers Do in a Recession? 22:36 Lines of Business Affected by an Economic Downturn 26:15 Claim of the Week 30:11 The Elasticity of Demand for Insurance

This week the guys had the chance to sit down with Jonathan Kimber, senior casualty treaty underwriter and chair of the Under 35s Reinsurance Group. This year is the group’s 50th anniversary, by no means a small feat. They discuss the history of the U35s, all they do to engage with young professionals, and what’s in store for the future of the group. EPISODE LINKS: Jonathan's LinkedIn: https://www.linkedin.com/in/jonathan-kimber-54656592/ The Under 35s Reinsurance Group: https://www.under35s.com/ The Under 35s Reinsurance Group's Linkedin: https://www.linkedin.com/groups/8423043/ CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:54 Jonathan’s Journey Into Reinsurance 04:21 The Under 35s Reinsurance Group 05:55 History of the U35s & the Upcoming 50th Anniversary 11:53 Training, Educating, & Sports Events 15:36 Relationship Building 16:31 Bermuda & New York Reinsurance Group 19:53 The Future of the U35s 22:58 Networking for Young Practitioners 24:44 Analogy Battle: What Is the U35s Reinsurance Group? 27:07 Attracting Professionals With Events (Ben Wants Quidditch)

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss 00:00 Intro 00:54 Howden Acquires Tiger Risk to Form 03:14 Florida Regulatory Environment 04:47 US Clients Returning to London 05:45 Rumours & Predictions

We host reinsurance royalty this week, AKA Vicky Carter. Vicky’s impressive track record within the industry has earned her a myriad of intimidating titles, including Chairman of Global Capital Solutions at Guy Carpenter and Deputy Chairman at Lloyd's of London. The guys sit down with Vicky to discuss her career through the industry, how to best attract new talent, the future of reinsurance broking, and the rapid progression of insurance technology. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:10 Marsh & McLennan’s Rising Professionals’ Global Forum 2022 04:29 Vicky’s Early Career Path 06:11 Getting Young Talent Into Insurance 08:24 The Importance of Relationships in Reinsurance 14:24 Personal Interests & Building Professional Relationships 18:20 Industry Events 20:11 What Makes Reinsurance Special? 22:21 Digitalisation of Reinsurance 26:51 The Progression of Technology 29:05 Attracting Young Professionals 31:36 All Things Innovation 34:30 The Future of the Broker In the Value Chain 36:40 Availability of Reinsurance Capital in the Future 39:44 Interest In Challenger Reinsurance Brokers 41:09 Analogy Battle: What Is an Underwriter?

This week we focus on the fascinating entrepreneurial journey of solving problems and building solutions, mostly for reinsurance practitioners and wayfaring fruit preserve traders. The guys discuss the glaringly obvious problems facing reinsurance, the industry going digital by necessity, and how analytics can be used to mine and refine data. We also double up on games this episode with Frisk Risk and Price It segments! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:02 Entrepreneurship & Solving Problems 05:01 Ben & Jerad’s Reinsurance Background 08:12 Pain Points in Reinsurance 12:06 Challenges When Solving Problems With Technology 15:16 The Need to Go Digital 20:58 Granular Insights With Data 24:34 Why Reinsurance Analytics Is Useful 27:09 Moving Away From Spreadsheets 29:49 Frisk Risk: 300 Ferraris 32:29 Price It: 300 Ferraris

This week we’re joined by the head of corporate strategy at RenaissanceRe, Harold Buchanan. This technical episode dives into the specifics of reinsurance strategy, covering diversification, how companies might respond to shifting landscapes, and best practices for allocating resources and capital. The three reinsurance experts do, of course, engage in a fierce analogy battle to finish off the episode. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:45 What Is Corporate Strategy? 03:58 Insurance Float & Berkshire Hathaway’s Investment Strategy 07:31 Diversification: How, What, Where, When 14:59 Shifting Landscapes & Adaptability 17:31 Driving Corporate Strategy in Reinsurance 22:27 The Future of the Reinsurance Industry 24:35 How Reinsurers Allocate Capital 28:59 Analogy Battle: What Is Corporate Strategy

The second in a two-part special, Jerad and Ben discuss the negative aspects of reinsurance and the implications for the real world. We touch on the capitalistic nature of (re)insurance and how that impacts where and how capital is allocated, inefficiencies in the value chain and how that slows the industry down, and enjoy a fantastical analogy battle. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:12 The Inherent Capitalistic Nature of Reinsurance 05:00 Clarity Provided Through Data: Capital Allocation 07:45 Lack of Efficiency Through the Value Chain 11:36 Conscientious (Re)Insurance & Ethical Trade-Offs 16:07 Moral Hazard: Sprinklers & Seatbelts 17:47 Analogy Battle: Why Is Reinsurance Bad for the World

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:11 Convex (Almost) Doubling in Size 02:01 Patrick Tierman & Lloyd’s Syndicate Business Planning 03:32 Florida, the Catastrophe Market & June Renewals 09:12 M&A Rumours: Howden Purchasing TigerRisk

The first in a two-part special, Jerad and Ben discuss all the good reinsurance does for the world as 1) the great enabler and 2) the guardian of the guardians (AKA insurance). Could the world as we know it operate without reinsurance? No, and the guys go through exactly why using examples and stunning analogies. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:44 What Reinsurance Enables Day-to-Day 04:07 Supply Chains, Economies and Liability 05:30 Insurance Vs. Reinsurance 09:30 Analogy Battle: How Reinsurance Benefits the World 13:54 Some Risks Rely on Reinsurance to Get Coverage 18:44 Diversification Across a Global Industry 19:50 Analogy Battle Winner Announced

This week we’re joined by Dickie Whitaker, chief executive at Oasis Loss Modelling Framework, an open-source catastrophe modelling platform. The guys discuss Dickie’s introduction to the world of reinsurance, what drove him to build a non-profit organisation in the space, and the complexities of modelling complex risk. We also discover that Dickie knows multiple people who own trebuchets, a risk we price for in the game segment. EPISODE LINKS: Dickie's LinkedIn: https://www.linkedin.com/in/dickie-whitaker-671963 Oasis Loss Modelling Framework: https://oasislmf.org CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:38 Dickie’s Background & Introduction to Reinsurance 01:55 What Is Catastrophe Modelling? 03:57 How Technology & Data Changes Risk 07:27 Oasis Loss Modelling Framework 10:13 Democratising Reinsurance Technology 12:50 Open-Source Modelling 16:14 Talent Within Reinsurance 18:31 Advanced in Modelling Technology 21:15 How Modelling Works 23:41 Models Matching Markets 27:30 Entrepreneurship in (Re)Insurance 32:42 Price It: Food Poisoning 34:33 Price It: Trebuchet Firing in France

This week’s episode focuses on Ben’s time as an underwriter at Lloyd’s of London. The guys go through common challenges plagued by every underwriter, the digitisation of risk, how reinsurance pricing works, and the differences between underwriters and actuaries. We’ve also got a new game that’s both interesting and informative, particularly so if you’re a total nerd for (re)insurance. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:25 Ben’s Time at Lloyd’s of London 04:29 Digitising Risk & Annoying Binder 07:38 How Does Pricing Work? 09:19 Risk Exposure: Software & Modelling 12:34 Price It: Boat Risk 18:20 Underwriters Vs. Actuaries

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS:  00:00 Intro 00:44 Undramatic Renewals for 1/4 03:14 Mergers & Acquisitions 06:00 Growth of Reinsurance Industry Capital & Uptick in Capacity 08:09 Underwriting Profits 09:42 Reinsurance & the Russia-Ukraine Conflict

We’re joined this week by Mark Geoghagen, host of The Voice of Insurance podcast and former editorial director of The Insurance Insider. The guys delve into Mark’s background as a broker and later career as an insurance journalist, the industry’s need for a principle reinsurance software, and what makes a fascinating podcast guest. EPISODE LINKS: Mark's Twitter: https://twitter.com/GeogheganMC Mark's LinkedIn: https://www.linkedin.com/in/mark-geoghegan-852077a Mark's Website: https://www.thevoiceofinsurance.com The Voice of Insurance podcast: https://open.spotify.com/show/5q688m7ieCLm8guWzOY2cw CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:24 The Voice of Insurance & Podcasting 02:15 Musical Talent in the (Re)insurance Industry 04:57 The People & Personalities of Insurance 07:03 Mark’s Background & Career Path 10:50 Developing & Prioritising Work 11:42 The Need for a Principle Reinsurance Software 16:33 Three-Way Analogy Battle 22:34 Relying on the Expertise of Brokers in a Deal 24:48 Mark’s Journey to (Re)insurance Journalism 28:52 Fascinating Podcast Guests 30:25 Conflicts of Interest & Commercial Relationships 34:16 Connecting With Unfamiliar Audiences 34:52 What Do Reinsurance Companies Actually Do?

This week’s episode is a particularly technical one. The guys cover M&D, written and earned premiums, how firms calculate exposure, judging underwriter performance, and all kinds of reinsurance ratios. As a reward for having your brain stuffed with reinsurance nerdiness, we finish on a classic game of Frisk Risk! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:48 Pre-empting Insurance Requirements 04:50 Minimum and Deposit (M&D) Premiums 07:20 Written & Earned Premium 08:57 Calculating Exposure 13:35 How Much Risk to Keep & How Much to Offload 16:18 Combined Ratio, Investment Income, Expenses & Losses 21:28 Judging the Performance of Underwriters 26:03 Frisk Risk: Building on Fire

This week the guys spoke with Paula Jarzabkowski, professor of strategic management at Bayes Business School and the University of Queensland Business School. Professor Jarzabkowski is also the author of Making a Market for Acts of God, a phenomenally insightful book which takes readers on a journey through the colourful world of reinsurance. EPISODE LINKS: Prof. Paula's Twitter: https://twitter.com/ProfJarz  Prof. Paula's LinkedIn: https://www.linkedin.com/in/paula-jarzabkowski-2017238 Prof. Paula's Website: https://www.paulajarzabkowski.com Prof. Paula's Book: https://global.oup.com/academic/product/making-a-market-for-acts-of-god-9780199664764?cc=gb&lang=en& CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 00:45 Making a Market for Acts of God 05:19 Understanding Risk Vs. Modelling Risk 09:15 Leveraging Capital and Sophisticated Betting 11:50 Then Competitive Landscape of Reinsurers 18:18 Climate and Reinsurance Over the Next Decade 24:22 Protection Gap: Things That Should Be Insured (But Aren’t) 27:18 Alternative Types of (Re)Insurance for Systemic Risk 30:26 Frisk Risk: A Harrier Jet & The Loch Ness Monster

This week’s episode focuses entirely on ESG (environmental, social and governance). The guys get into a nuanced discussion around sustainability, corporate responsibility, and corrective behaviour in pursuit of protection. To balance out this heavy topic, we finish on a game of Risk of the Week! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:38 Climate Change as an Emerging Reinsurance Risk 02:49 What Is ESG? 06:36 The Financial Aspect of Environmentally Unfriendly Risk 13:07 Cultural Shift Towards Greener Solutions 15:19 Campaigning Group’s Criticism of Lloyd’s 17:41 Corrective Behaviour in Pursuit of Protection 19:57 Reducing Competitors in Unsustainable Insurance Practices 22:21 Pricing Climate Risk 24:25 Should Bad Behaviour Incur a Higher Premium? 25:44 Evolving Towards Better Practices 28:48 Risk of the Week

This week the guys flex their knowledge of reinsurance to break down how the industry works, covering the different types of reinsurance, proportional versus non-proportional cover, layering risk to match appetite, and an interesting game of Frisk Risk involving ghost and alien risk coverage. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:22 (Re)Insurance Products 03:55 Treaty, Facultative, & Retrocession Risk 05:36 Protecting a Portfolio of Similar Risks 06:50 Why Buy Proportional Cover? 09:33 Non-Proportional vs.Proportional Structures 11:52 Layering Non-Proportional Risk to Match Appetite 17:18 Balancing Future Losses 18:15 Differences Between Treaty, Fac &, Retro 25:22 Frisk Risk: Ghosts Vs. Aliens

This week’s milestone episode features a very special guest, Tom Spier. Tom’s a seasoned (re)insurance professional with over a decade of industry experience, boasting a deep knowledge in his specialism of cyber insurance. The guys discuss the challenges of cyber, infamous attacks (some of which Tom has personal experience with), pricing risk, and GDPR compliance. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:24 Tom’s Introduction to Cyber Insurance 03:04 Cyber as a New Line of Business 05:24 Quantifying Cyber Losses 07:08 Sony Hack: Hollywood Salaries 08:01 Frisk Risk: Movie Edition 12:00 Cyber Insurance & Overlapping Liability 19:48 Pricing Cyber Insurance Risk 22:53 Infamous Cyber Attacks 25:31 Gaps Between Actual Losses & Insured Losses 26:28 Pricing Innovation for Cyber Risk 28:51 GDPR & Data Protection

Reinsurance experts turned reinsurance technologists describe how to build a reinsurtech company from the ground up. The guys this week run through how founder-market fit supports investment opportunities, strategic partnerships, running a remote team, and the technological ecosystem that’s fast emerging in the (re)insurance space. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:21 Starting a Company in (Re)insurance 07:18 Investment & Founder-Market Fit 09:07 Strategic Partnerships 11:03 Presenting a (Re)Insurtech Solution to the Market 14:03 Jerad’s Important Startup Resources 17:54 Turning Your Team Into Reinsurance Experts 20:42 Building a Remote Team

This week’s episode is more technical; the guys pull on their (re)insurance expertise and delve into reinsurance strategy, describe the differences of hard and soft markets, and the ways in which new reinsurance players can enter the industry. To balance out the technical nature of the episode, they introduce a new game, Risk of the Week! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 03:41 An Overview of ‘Reinsurance Strategy’ 05:20 Where Do Reinsurers Come From? 06:28 Hard & Soft Market Cycles 09:40 Sustaining Soft Markets 13:29 Reducing Volatility Through Diversification 16:46 Risk of the Week 21:06 Opportunities to Enter New Classes 25:21 Distribution Strategies 32:00 Barriers to Entry for New Companies 34:13 VR to ER

All reinsurance roads lead to Lloyd’s! Ben and Jerad will take you on a journey through the history of Lloyd’s and the important role it plays within the world of (re)insurance. Learn about evolving challenges within the industry, and the strangest things to be insured at Lloyd’s. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:42 Lloyd’s Etiquette 05:04 Analogy Battle: What Is Lloyd’s? 10:49 History of Lloyd’s 14:32 Origin of the Underwriter 16:38 Lloyd’s Diversification of Risk 20:06 Unusual & Innovative Risks 22:28 Lloyd’s Displaying Its Value 25:06 Weirdest Thing Insured at Lloyd’s? 28:59 Evolving Challenges & Threats to Be Insured 31:37 1 Lime Street, The Lloyd’s Building

In this week’s episode the guys discuss the concept of challenger brokers, how they fit into the reinsurance landscape and the opportunities and challenges provided to new entrants. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:35 Changing Landscape of Reinsurance Brokers 03:52 Mega Mergers & Acquisitions 11:42 Building a Challenger Broker 15:50 Opportunities for Startup Brokers 18:39 Leveraging Reinsurance Technology 22:02 Can Challenger Brokers Challenge the Big Three 24:51 Democracy of Insurance Technology 27:06 The Markets of Tomorrow 30:30 Frisk Risk - Which Risk Is Real?

Jerad and Ben take us down the unfamiliar road of reinsurance technology and discuss the question of build, buy, or rent. Find out which is the better route for (re)insurance firms while learning about the pitfalls companies should try to avoid. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:20 What Is Reinsurance 04:16 Reinsurance Enabling Insurance 06:32 Build Versus Buy 08:15 Pricing Accuracy Through Technology 09:14 Escaping Legacy Systems 11:50 Complexities of Mergers & Acquisitions 16:48 Building In-House Technology 19:15 Analogy Battle: Building Reinsurance Technology 24:04 The Software-as-a-Service (SaaS) Model 30:01 Sharing Tools within Reinsurance

Learn about the nebulous and esoteric world of reinsurance with our forever fun-loving hosts, Ben and Jerad. Discover how reinsurance deals are made, their relevance to the wider insurance market, and the importance of why these deals are made. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 03:40 What Is Reinsurance? 06:01 Reinsurance Allows Insurance Companies to Invest Their Cash 10:46 Reinsurance Isn’t Just a Product 12:18 Can Insurance Exist Without Reinsurance? 13:11 What Does an MGA Do? 15:51 Do Reinsurance Companies Buy Reinsurance Too? 19:34 Deconstructing Lloyds: Is It an Insurance Company? 24:05 The LMX Spiral Within the London Reinsurance Market 30:17 Why People Buy Reinsurance

The guys discuss the tripartite nature of reinsurance, consisting of cedents, brokers and reinsurers, the issues relating to the disconnect between counterparties, and why a digital ecosystem could hugely benefit the antiquated industry. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 03:07 The ecosystem of reinsurance 07:10 Digitising reinsurance 10:05 Supercharging the industry 16:27 Renewals ruining the festive season 21:30 Creativity in reinsurance deal structure 22:30 Off-the-shelf vs. bespoke solutions 26:31 ‘Cedent’ or ‘cedant’ - which spelling is correct? 27:35 Quotes from the Supercede whitepaper

Jerad and Ben discuss the challenges faced by reinsurance data and the fundamental problems of information management, plus the pair engage in a ruthless battle for the best analogy to describe reinsurance. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 - Intro 01:50 - Pain points in reinsurance data 07:28 - The gift of automatic validation 10:39 - Limitations of paper forms & documents 11:46 - The fundamental problem within reinsurance 14:17 - Analogy battle: Ben vs. Jerad 21:28 - Why are reinsurance deals bespoke? 23:30 - The future of insurtech 26:32 - Do firms ever benefit from poor data quality? 28:00 - Transparency vs uncertainty