Insurtech Insider By 11:fs

Sarah Kocianski and Nigel Walsh are joined by Paul Prendegast, CEO of Blink and Alex Rainey, CEO and co-founder of Pluto to discuss all things travel insurance! How is insurtech shaking up the travel insurance industry? Are traditional insurers being left behind? Why are millenials so bad at getting travel insurance? Are young people more intruiged by newer products? What are value-added services and how do they work? All that and much more on this week's episode of Insurtech Insider. Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the insurtech love by sharing or tweeting this podcast. This episode of Insurtech Insider was produced by Laura Watkins and edited by Alex Woodhouse. Special Guests: Alex Rainey and Paul Prendegast.

On this episode of Insurtech Insider, host Sarah Kocianski is revisiting insurance in the rental market, taking a look at how insurtech is changing the way consumers are protected. She is joined by some top insurtechs trying to shake things up in this industry: Jude Greer, CEO and Co-founder, Reposit Nick Willis, Head of Growth at Wrisk The panel discuss: The origin stories of both companies; how is insurtech shaking up the traditional models at all ends of the home rental market, from deposit protection to contents, how this differs from traditional models How big a role does or should education play in the shakeup of this industry? We also have a special interview with Ryan Mathiesen, CEO and co-founder of Glovebox, a US insurtech centralising customers’ policies, giving greater access and clarity around their policies. All of that and much more on this week's episode of Insurtech Insider! If you enjoyed don't forget to subscribe and please leave a review Follow us on Twitter: www.tw

On this episode of Insurtech Insider Nigel Walsh is joined by a briliant host of guests to talk about the latest and greatest news in the insurtech sphere! Our guests include: Phoebe Hugh - CEO and founder of Brolly, Nikolaus Suehr - CEO and founder of Kasko Ed Leon Klinger - Cofounder and CEO of Flock We cover the following stories from the insutech space: Lloyds turns to Trov for InsurTech offering (02:24) Brolly launches flexible contents product (09:01) InsurTech Previsico launches solution to fill flash flood forecasting gap (14:46) Bought By Many partners with FirstVet to offer customers free video vet consultations (21:21) Ecclesiastical offers full backing to London Fire Brigade’s plea (26:43) Fraudster sentenced after lying about losing partner’s engagement ring (26:43) All of that and much more on this week's episode of Insurtech Insider! If you enjoyed don't forget to subscribe and please leave a review Follow us on Twitter: www.twitter.com/instechinsiders where you can ask t

On this episode of Insurtech Insider, our expert hosts, Sarah Kocianski and Nigel Walsh are joined by Shaun Meadows, the newly appointed 11:FS Chairman! Together they are taking a detailed look at a new report titled, "Quarterly InsurTech Briefing Q2 2019," topics discussed include: What "Quote, Bind, Issue" means in a lay persons terms How the sector performed in Q2 Which countries is the sector is performing best in The types of insurance recieving the most investment The size and stage of the investment deals in Q2 All of that and much more on this week's episode of Insurtech Insider! If you enjoyed don't forget to subscribe and please leave a review Follow us on Twitter: www.twitter.com/instechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com! Special Guest: Shaun Meadows. Links: Quarterly InsurTech Briefing Q2 2019 | Willis Towers Watson

Sarah and Nigel are joined by two great guests to talk about fintechs and insurtechs teaming up! The guests joining us today are: Dylan Bourguignon, CEO and founder of So-Sure David Vanek, CEO and founder of Anorak First, up the guests explain how they go about establishing partnerships with fintechs. Dylan's So-Sure was able to join Starling's marketplace after having dinner with the company's CEO, Anne Boden. David on the other hand, didn't have dinner with anyone, but by building an interesting product Anorak were able to join the Starling marketplace. Sarah makes the point that this proves that there are two ways of going about this, one of them is a more personal way of making connections, whereas the other one puts product first. Nigel argues that the Starling marketplace idea is indeed very interesting, but it how do we take it from reactive, to proactive? Next up, Sarah spoke to Jason Maude, CTO at Starling, as he couldn’t join us for this roundtable to get his perspective on everything

On this episode of Insurtech Insider Sarah Kocianski brings you a series of interviews conducted at an event held by 11:FS in partnership with the FCA and the HM Treasury at Level39 in London. We were able to record some really interesting interviews with some of the most interesting people there, including: John Glen, MP and Economic Secretary to the HM Treasury Francesca Hopwood Road, Head of RegTech & Advanced Analytics at Financial Conduct Authority Sophie Winwood, an associate at Anthemis Caroline Wayman, Chief Executive & Chief Ombudsman at Financial Ombudsman Service Jimmy Williams, Co-Founder of Urban Jungle! Lorraine Price, Head of Household Product Development and Strategic Delivery at Direct Line Group To kick off the show, Sarah sat down with John Glen MP. John Glen explains that he's passionate about this area because it's a mission and responsibility of his and the HM Treasury to increase financial inclusion, especially of the low income demographic. Next up, Sarah catches up

Sarah and Nigel are joined by a host of fantastic guests to take a look at the biggest news stories in insurance and insurtech over the last few weeks. Our brilliant guests include: Lea Nonninger - Research Analyst at Business Insider Intelligence Oliver Ralph - Insurance Correspondent, FT Andy Rear - Chief Exec, Digital Partners at Munich Re Kicking off the show, we take a look at how US insurtech Lemonade has arrived in Europe! Lemonade was launched on the 11th of June in Germany, and they are introducing their new policy 2.0. The new policy is described as an easy to understand document designed for laymen instead of lawyers. Nigel argues that Lemonade will be able to get a lot more done a lot quicker in Europe than in America as Europe is a lot less regulated. Lea argues, as someone who has lived in Germany, the problem with launching a forward-thinking digital first insurance policy in Germany is that Germans are rather traditional thinking. Are they ready for this new modern insurance? (02:00)

In today's episode, we bring you three incredible interviews with some of the most interesting players on the American Insurtech start-up scene! First up, Sam Maule sits down with Quentin Coolen from Waffle! Waffle is an insurtech company that offers one insurance policy that covers, well, basically everything. At least what you need, including your friends and your family. What about the name; Waffle... insurance? Quentin explains how the name came about, and, spoiler alert, it has nothing to do with him being Belgian! Also, how do you change the industry and people's views on insurance? (01:05) Next up, Sam talks to Ryan Rugg from R3 Corda! Sam and Ryan talk about how R3 Corda was built by its members for its members and how insurance is going through a digital transformation. Ryan also shares what it was that took her from the investment industry in to the insurtech scene, and why she finds blockchain technology so interesting! And last but not least: Mark Zuckerberg should have dinner with Ryan and l

Sarah and Nigel are joined by Antton Pena, founder of Flock and Sophie Winwood who is the Associate Investor at Anthemis! Kicking off the show, Antton tells us about Flock and what they do. Flock offers flexible drone insurance and they have three models, one of which is "pay as you fly"! Flock is powered by risk intelligence technology and it uses a model that allows you to pay for what you need and the risk you are undertaking. Anthemis as a company is very interested in how drones can aid the insurance industry and they invest in Flock. Can drones replace physical insurance inspections? Can they perhaps assist the agriculture industry and help farmers know when the crops are ready? On the other side of this, how do you insure your drone? Can you just add it to your home insurance? What about liability, if you accidentally land on a person are you covered by insurance? In cases like Gatwick airport, can an airport be covered for potential drone attacks? How do you actually calculate risk? All that

Sarah and Nigel are joined by some fantastic guests today who are all here to talk to us about Insurtech UK, the self-proclaimed alliance of insurtech startups and partners in the UK aiming to disrupt the insurance industry. This episode is also our big 4-0, our 40th episode in this series and here to celebrate with us are: Louise Birritteri, CEO and founder of Pikl Bruce McIntyre, Partner at IMAS Corporate Finance Shelley Lyddon-Mills, Head of M&A and Ventures at Hiscox James York, CEO at Worry + Peace Kicking off the show our guests tells us a bit about how Insurtech UK came about and why there is a need for such an alliance in the UK. The panel agrees that with knowledge comes an overarching responsibility to educate people in this subject as insurance is something that can easily be overlooked. Banking touches people every day whereas insurance touches people once a year, and people just don't take the time to sit down and learn about it. Next up, the panel discusses the most exciting part of

Sarah and Nigel are joined by three great guests to discuss the world of agricultural insurance, including: Richard Counsell, CEO of Stable Matt Jones, Principal, Investments at Anthemis Hector Ibarra, CEO of Global Parametrics Kicking off the show we take a close look at the difficulties around insuring agricultural commodities, including what the actual indexes are and the problems that are involved. There's been a great deal of difficulty in figuring out the science to apply to agricultural insurance because there are so many variables, acts of god and fluctuations that can come into play. Pricing risk exists outside of traditional actuarial models so it has to be done for the ground-up in an entirely different way, especially when taking into account predictions dependent on such variable factors like climate change. The panel also discuss offering products for insurance against diseases like African swine flu and foot and mouth, political shockwaves and the inelastic nature of supply and deman

This week we have some great stories for you as Sarah's joined by a couple of great guests: Andy Rear - Chief Executive of MunichRe DigitalPartners Jimmy Williams - CEO at Urban Jungle Kicking off the show, the panel talks about Insurtech Slice Lab unveiling a new AI-based tool to predict insurance risk. The on-demand insurance platform which already offers homeshare, cyber and rideshare insurance, along with a white label platform which insurers can use to create their own digital products, has launched Slice Mind. Andy comments that insurers need this stuff and if the company can integrate with the big insurers then it can really work. Sarah adds that while it sounds fabulous she wonders how many of the big insurers will be able to handle the technology (01:45). Next up, they take a look at Neos pairing with US insurer to offer customers smart home tech. The UK insurtech which provides home insurance policies that come with smart detectors will be working with American Family Insurance in its first

Sarah is live at the Insurtech Insights Conference London to talk about financial wellness and how insurtech is working with mental health. Kicking off the show we have a great panel on how to bring objective data into subjective issues like mental health. Sarah's with a great panel to discuss how to negotiate this sensitive area, including: Vica Manos, Managing Director at Anthemis George Eleftheriou, Co-founder and CEO at Myfeel Nick Taylor, CEO at Unmind Mee-Jung Jang, Managing Director of the MetLife Digital Accelerator powered by Techstars Sion Philpott-Morgan, Co-founder at Aikora Health Sarah also interviewed a few guests to see what companies are doing on an individual level: Ed Leon Klinger CEO of Flock Parul Green Head of UK Strategy, M&A and Innovation at AXA Janthana Kaenprakhamroy CEO & Founder of Tapoly All that and much more on this week's episode of Insurtech Insider. Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread t

Sarah and Nigel are joined by the team at Anthemis to talk about the speed of insurtechs, how incumbents are keeping pace and the insurance value chain. They're joined by: Ruth Foxe-Blader, MD Investments, Anthemis Matthew Jones, Principal, Investments, Anthemis Sophie Winwood, Associate, Investments, Anthemis Kicking off the show, the panel talks about Anthemis and how they find the insurtechs they invest in, their focus on horizontal technologies and Seed and Series A funding. They also talk about the importance of commitment from founders when engaging with VC firms and how one of the subjective stages of investing relies on the chemistry between investors and founders. The group also talk about insurance disruption and why fullstack disruption is so rare and why boring is beautiful. They also reveal what parts of insurance they find most attractive and trends in the sector. To cap things off the panel discuss what the next big thing is going to be in the next one to five years. All that and m

Sarah and David are joined by Shaun Meadows, Partner at SI Partners Global. Kicking off the show our hosts ask Shaun about what SI Partners is doing and his role as a partner there. But swiftly move on to his background at Aviva, where he went through a variety of roles over 22 years - giving him an interesting perspective on where and how the industry has changed over time. They also discuss Shaun's time working in Hong Kong and Singapore and how attitudes towards insurance differ from the UK. Shaun has worked as a Non-executive Director on multiple projects including working along the CEO and Founder of Rocketer, developing and growing a technology business specialising in delivering one to one marketing within Facebook. He shares how that tied in with his insurance background and the expertise he brought to the project before sharing what he's working on now and where he thinks the industry is going. To finish off the show we discuss some of the most interesting insurance news stories of the past t

Sarah and Nigel are joined by: Lea Nonninger - Research Analyst at Business Insider Intelligence James York - Founder at Worry+Peace Arslan Hannani - Head of Market Management at Zurich First up, Urban Jungle have released a contents insurance product for renters described as the 'Netflix for insurance' by ERGO. We spoke to Urban Jungle CEO, Jimmy Williams, to get his view on it before talking to our guests to see what the panel thinks. (01:23) Inshur, a digital provider of commercial vehicle insurance, currently focusing on the rideshare sector, have been boosted by a $9m funding round led by Munich Re. The funding is in the form of $7 million in equity funding and a $2 million credit facility. (15:26) Other stories include: In America, Insurtech Is Big Business Artificial intelligence to tackle insurance fraud and assess flood damage World Bicycle Relief and Laka Insurance in fundraising partnership All that and much more on this week's episode of Insurtech Insider. Subscribe so you ne

Sarah and Nigel are joined by Oke Elazu, COO of Bought by Many to talk about the surprisingly wide-spread issue of fraud in pet insurance. We kick things off with a roundtable discussion on the challenges facing the pet insurance industry, the difficulties of verifying the vital information of pets and bad actors in the pet world. 45% of the population of the UK own a pet, and statistical studies estimate there to be about 51 million pets in the UK, and 6.6m people have taken out pet insurance. Pet insurers paid out £775 million in claims in 2017 – the highest figure on record representing a 10% year-on-year increase – to help Brits with the unexpected costs associated with pet ownership. All that and much more on this week's episode of Insurtech Insider. Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast. This episode of Insurtech Insider was produced by Laura Watkins and edited by Alex Woodhouse.

Sarah and Nigel are joined by Helene Stanway, Digital Leader at AXA XL to talk about the latest insurtech news First up, we talk to Helene about her background and what's going on at AXA XL now that the merger's gone through 01:22 Trov Expands To Four More States In The US 29:39 Digital Insurer Singapore Life Raises $33 million for expansion 34:15 Zurich North America chooses its representatives for the Zurich Innovation World Championship 41:46 All that and much more on this week's episode of Insurtech Insider. Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast. This episode of Insurtech Insider was produced by Laura Watkins and edited by Alex Woodhouse. Special Guest: Helene Stanway. Links: Trōv | On-Demand Insurance - Trov Launches On-Demand Insurance in Four More States Digital insurance firm Singapore Life raises $33M ahead of Southeast Asia expansion | TechCrunch Two insurtech start-

Sarah is back hosting with David and Nigel this week, joined by guest Oliver Ralph, Insurance Correspondent at the FT for some wine, crackers, mince pies and maybe some insurance too. We kick things off with Slice Insurance Cloud Services Now Available in the UK & EU. US insurtech Slice offers on-demand rideshare and homeshare insurance, along with an on-demand insurance cloud platform called Insurance Cloud Services (ICS). ICS has been available in the US and Canada since January 2018 where four global insurers are already using it to experiment with, test and deploy their own on-demand insurance products, both in the homeshare and cyber insurance market. ICS enables insurers to launch on-demand insurance products customised to locale, language, and demographics. JLT Re Partners Insurtech Pact To Develop Digital Solutions For The Mobility Sector. JLT Re has signed a partnership with Pact Insurance to offer products to the emerging digital auto insurance market in North America. As per the agreement the p

David is back hosting with Nigel this week, joined by guests Edel Ryan and James Burrows both of whom are Partners at JLT. We kick things off with a discussion on contingency insurance and how it relates to the sports, media and entertainment worlds. The entertainment industry faces growing risks and exposures. Extreme weather, power failure, public liability and terrorism reflect some of the on-going challenges and uncertainty threatening the success of events. We take a look at death and disgrace (including what that even means), exploring the case studies around it, how technology is increasing the need for this kind of cover and how technology is helping provide this cover. Next up we examine live events, the risks involved, what is actually being insured against and why it requires specialist cover. We also look at the new types of threat to live events and how that's affected the way policies are written. We also discuss sports sponsorship, prize indemnity and what the future of the industry l