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InsTech - insurance & innovation with Matthew Grant

Charles Clarke & Chris Cooksey: Guidewire: From system of record to system of insight (242)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.850 Ratings

🗓️ 7 May 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Guidewire is known for providing technology to the property, casualty and workers' compensation insurance industry. The company is expanding its analytics capabilities and also has an open ecosystem of partners which offer a variety of hardware, consulting and application services. Matthew Grant is joined by Charles Clarke - Group Vice President, Sales and Advisory and Chris Cooksey - Senior Director, Advanced Analytics. Topics covered include: Overcoming the challenges of interoperability for insurers How to deliver data to underwriters when they need it and where they need it Introducing change one step at a time Opportunities for more industry collaboration The problems Guidewire is solving for its clients You can learn more about Guidewire at our forthcoming event in London on 27 June. Registration details here We’d love to know what you think about this episode - click here and add your thoughts to our LinkedIn post about it. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us [email protected] Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Define interoperability and how to overcome the challenges it poses Describe some of the ways to differentiate the data required by underwriters Explain the importance of strategic planning to successfully change & grow a business If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 242 page of the InsTech website or email [email protected] to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Transcript

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0:00.0

Good morning, good afternoon, good evening, wherever you are. Matthew Grant here. And thank you for joining us. And thank you to all of you that have been telling me your regular listeners what you like and importantly what you don't like. Thanks, Lee. Please keep the emails and

0:21.2

LinkedIn messages coming in or just tell me when you next see me. We've had over 8,000 downloads this

0:26.1

month, but we only know who you are if you tell us. Well, this week I'm talking to Charles Clark

0:30.9

and Chris Cooksey from Guidewire Analytics. Now, most of us know Guidewire these days. I remember

0:35.2

them when they were a startup. Charles and Chris are responsible for creating more choices for insurers

0:40.1

in how they access analytics and data,

0:42.8

moving the world from a system of record to a system of insight.

0:47.5

Well, more on that shortly, but for a bit of fun this week,

0:50.2

we have a question for you to think about coming shortly on straight at the end.

0:53.9

Okay, let's go.

0:59.1

Charles, Chris, really looking forward to talking to you today. We're hearing a lot about guidewire

1:03.9

and very intrigued in what you're doing on the analytical side. I'm going to talk a bit about guidewire

1:08.2

in a minute, but just a bit of a check-in. Charles, I know you're talking from London, because I've been hearing some trains in the

1:13.7

background. They may be joining us for the rest of the recording, but where about are you in London

1:18.7

this now? Sunny Wimbled, Matthew, just looking across to the tennis courts. Chris, how about you?

1:23.3

I'm in central Ohio, just outside the Columbus, Ohio area. Well, I've got a question for our listener who will have to stay to the end to get the answer,

1:31.5

but you've given one hint of this.

1:32.7

So what is unusual or even unique about Ohio in terms of its largest cities?

1:40.7

So I'll come back to that little trivial question afterwards.

1:43.8

So let's talk a little bit about Guidewire. So Guidewire provides back to that little trivial question afterwards. So let's talk a little bit

1:44.5

about Guidewire. So Guidewire provides technology to the property, casualty and workers' compensation

1:49.9

insurance market. You're supporting a whole range of areas, billing, underwriting, policy and claims

...

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