What Does ‘Data-First’ Actually Mean? | TRP #155

What Does ‘Data-First’ Actually Mean? | TRP #155

Everyone’s talking about going “data-first,” but what does that really mean for reinsurance? Jerad and Tom unpack the buzzword to reveal what true data-first transformation looks like, why it’s so hard to achieve, and how the industry can move from duct-taped legacy systems to meaningful digital change.


CONNECT WITH US:

Say Hello: ⁠producer@thereinsurancepodcast.com

Website: ⁠https://www.supercede.com⁠

LinkedIn: https://www.linkedin.com/company/supercedehq

X: ⁠https://twitter.com/SupercedeHQ⁠

YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠

RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠


OUTLINE & TIMESTAMPS:00:00 Intro01:10 Intersection of Tech and Reinsurance03:00 InsurTech vs FinTech: How the Sectors Split05:20 The Three Camps of InsurTech07:30 How Early Tech Investments Created Complexity09:45 Why Reinsurance is Harder to Digitise12:15 The Myth of Being “Data First”15:00 The Problem of Industry Adoption18:40 Network Effects & The Reinsurance Flywheel21:00 The Data-First Future

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Episoder(327)

Nick Hankin: What Earns a Cedent More Capacity | TRP #178

Nick Hankin: What Earns a Cedent More Capacity | TRP #178

Nick Hankin spent thirty years buying reinsurance at RSA, Zurich, AXA, AIG and Aviva. Now he runs QBE Re, and he is unusually direct about which cedents get his capacityand which part of the book quie...

25 Aug 27min

Build an MGA That Keeps Growing | TRP #177

Build an MGA That Keeps Growing | TRP #177

There's a reliable way to spot a boom in insurance: count the conferences. Cyber got its own, then AI, and now MGA events have taken over the calendar. Tom Spier joins Cordy on The Reinsurance Podcast...

18 Aug 19min

One Spreadsheet Error Away From Disaster | TRP #176

One Spreadsheet Error Away From Disaster | TRP #176

Every reinsurance office has a spreadsheet only one person understands, and this episode is about why that's the industry's biggest quiet risk. Jerad and Ben start by defending spreadsheets properly, ...

11 Aug 29min

Maurits Van Joolingen: The Insurability Crisis No One Is Pricing In | TRP #175

Maurits Van Joolingen: The Insurability Crisis No One Is Pricing In | TRP #175

Everyone in reinsurance obsesses over the claims side of the balance sheet: what happens when things go wrong. Maurits Van Joolingen, Managing Director of Climate Scenarios & Sustainability at Ortec F...

4 Aug 21min

James Rendell: Why Your Cat Model Is Blind to Secondary Perils | TRP #175

James Rendell: Why Your Cat Model Is Blind to Secondary Perils | TRP #175

Better cat modelling isn't just about avoiding bad risk, it's about finding and writing the good risk your competitors are mispricing. James Rendell, CEO of BirdsEyeView, saw that gap and convinced th...

14 Jul 26min

2030 Reinsurance Predictions We Might Regret | TRP #174

2030 Reinsurance Predictions We Might Regret | TRP #174

Jerad and Ben skip the small talk and jump straight to 2030, asking the one question worth asking about AI and reinsurance: what actually changes, and what's just getting a shinier coat of paint. They...

7 Jul 29min

Why Brokers Lose Clients (and How to Fix It) | TRP #173

Why Brokers Lose Clients (and How to Fix It) | TRP #173

Reinsurance brokers are famous for remembering the small things — the underwriter's dog, the client's restaurant preference at Monte Carlo, whose birthday party they attended last spring. Less famous ...

30 Jun 24min

How to Win a Soft Market Without Burning Bridges | TRP #172

How to Win a Soft Market Without Burning Bridges | TRP #172

In a softening reinsurance market, it’s tempting to chase the cheapest capacity, squeeze every last point out of pricing, and call it a win. But that’s how you burn bridges. In this episode, Ben and J...

10 Jun 24min

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