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, Spreadsheet Olympics included, before turning on the very flexibility that makes them dangerous. It's not really about Excel: it's about what happens the day the person who built it doesn't work there anymore.

WHAT YOU'LL LEARN:

  • Why the industry's "singular greatest key person risk" isn't a person — it's whoever built the spreadsheet they left behind
  • How a single overwritten cell can undo months of pricing or placement work, and why "version 9 vs version 10" rarely tells you what actually changed
  • Why massive spreadsheets grind to a halt, and the workaround actuaries already use to keep them alive
  • What reinsurance can borrow from software engineering's approach to tracking changes, instead of hoping nobody touches the macro
  • Why most firms are already auditing which processes are one bus ride away from disaster


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 Intro01:00 Why Reinsurance Loves Spreadsheets02:19 From Spreadsheet Olympics to Spreadsheet Risk05:14 When Spreadsheet Utility Starts to Break Down08:23 Why Replacing Excel Is So Hard11:30 The Problem with “Utopian” Spreadsheets14:06 Key-Person Dependency & the Bus Factor17:12 Keeping Flexibility, Adding Auditability20:04 Rethinking Data Transformation23:19 What Reinsurance Can Learn from GitHub24:57 What Shouldn’t Live in a Spreadsheet28:37 Spreadsheet Dystopia & Outro

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

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

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

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
utbytte
rss-orjasater
rss-pa-konto
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
lederpodden
okonomiamatorene
liberal-halvtime
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
rss-markedspuls-2
lydartikler-fra-aftenposten