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InsTech - insurance & innovation with Matthew Grant

Arjun Ramdas: CEO, Charles Taylor InsureTech: Platforms, data collaboration and market efficiency (125)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 14 February 2021

⏱️ 25 minutes

🧾️ Download transcript

Summary

A lack of standardisation and the ability to transfer data through the entirety of the insurance lifecycle remains a major challenge for the industry. Charles Taylor InsureTech CEO Arjun Ramdas joins Matthew on Podcast 125 to discuss data collaboration between insurers, MGAs and brokers, and how Charles Taylor’s technology is supporting the Lloyd’s market. Talking points include: Moving from on-prem to SaaS tech solutions The shift towards platform solutions Delegated Data Manager (previously known as DA SATS) Minimising paperwork through automation Forging partnerships with Systems Integrators Sign up to our newsletter for a fresh view on the world every Wednesday morning. If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. To claim 0.5 hours for this podcast, go to the Episode 125 page of the InsTech London website, or email [email protected].

Transcript

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0:00.0

The work that we are doing this year is to start a new solution called our CTI ecosystem,

0:06.0

and that will allow our wider insured tech space to plug into our existing solutions

0:11.0

and therefore be able to reach a much wider customer base quickly. Another weekend and another podcast.

0:28.6

And many thanks to all of you for sending us your comments on the recent episodes.

0:32.6

We do love doing this, but your feedback is most definitely our fuel.

0:36.9

And we're getting well into

0:39.1

2021 now, almost 12 months since our last face-to-face evening event in the Steel Yard. You can

0:45.0

check out the video on the homepage of the Instac London website if you want to remember what

0:49.9

those used to be like. Well, we are missing those great discussions with people at our live

0:55.1

events. And even today, we keep hearing from you who've made many of your best contacts

0:59.3

through Instac, London. But the show does go on. We've already spoken to people from over

1:04.3

200 companies this year to keep up to date on what's happening around the world, from Australia

1:08.2

to California, via Europe and Asia.

1:14.8

And we're checking in each month with our corporate members and he've also added 17 new companies as members already this year.

1:17.4

Finally, if you haven't downloaded Robin's report on e-placing platforms, it's going

1:21.3

down a storm and is available from our website.

1:24.6

Matthew Grant here, partner at Insted London, host of our podcast series and right now,

1:29.0

editor of our next report on location intelligence. This week, I'm talking to Arjun Ramdas.

1:34.8

Arjun was recently appointed CEO of Charles Taylor in Shortec, that's the technology arm of parent

1:39.8

company, London-based Charles Taylor. We talk about some of the challenges the insurance market

1:45.0

has, and particularly the wholesale and specialty market, with poorly formed and intermittently

1:49.7

available data and what is being done about it. Well, Lloyds and other insurance organisations

...

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