Dawn Miller: Commercial Director, Lloyd’s of London: Powering innovation to solve new global challenges (226)

InsTech - insurance & innovation with Matthew Grant & Robin Merttens

InsTech

Business, Entrepreneurship, Investing

4.9 • 51 Ratings

🗓️ 15 January 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Since being founded in 1688 Lloyd’s of London has grown into a marketplace supporting over £35 billion of premium. Innovation is at the heart of its success. More recently the “Lloyd’s Lab” has supported over 100 companies from around the world that are helping insurers find new solutions for the insurance protection gap and improving efficiencies. Dawn Miller joined Lloyd’s of London as the Commercial Director in 2022 after a career with some well-known global insurers - having cut her teeth as an investor and entrepreneur. One of Dawn’s responsibilities is helping the Lloyd’s market (which includes 50 insurance companies and 380 brokers) identify new types of insurance to offer, improve efficiencies - and support customers from global enterprises to small businesses around the world. Join us for this episode to discover: The range of Dawn’s responsibilities which includes the Lloyd’s Lab, the Product Launch Lab and FutureMinds. Some of the milestones and success stories from the Lloyd’s Lab. What is involved with applying to the Lab and becoming a mentor. Tips and great insights to help you apply for the Lab right now - wherever in the world you are. How Lloyd’s is addressing the evolving challenges and opportunities in the measurement and management towards reducing carbon emissions and ESG more generally. Implications of insuring new assets such as a hydrogen pipeline compared to other liquified gases. What’s going on with all the debris in space and if it is insurable. Whether Lloyd’s will ever want to be an investor. We are delighted to be supported by Lloyd’s and supporting the Lab. Many of our corporate members have been through the lab, including the ones we discuss such as Previsico, McKenzie Intelligence Services, OTT Risk, Hyperexponential and Praedicat. 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 hello@instech.co Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. The Learning Objectives for this podcast are: Identify some of the ways a business can reduce its carbon footprint and learn about the three key factors that enables businesses to do this Describe the impact of insuring new assets and what it would look like in practice compared with existing products List some of the pros and cons of becoming an investor 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 226 page of the InsTech website or email cpd@instech.co 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	Welcome or welcome back if you are one of our regular listeners, Matthew Grant here,
0:13.4	and we are making a cracking start for the year with some great insights from our guests.
0:17.3	Well, we may be onto our 226th episode, but there are no short of ideas, stories and
0:23.4	breaking news to talk about as we dig deep into the companies and people that are getting
0:27.8	stuff done around innovative use of data, analytics and technology for insurance. And today's
0:33.9	guest is no exception. Dawn Miller joined Lloyd's of London as commercial director last year after a career with
0:39.7	some well-known global insurers, having cut her teeth as an investor and an entrepreneur.
0:45.3	More about that later.
0:46.9	One of Dawn's responsibilities is helping the Lloyd's market, and that includes 50 insurance
0:51.1	companies and 380 brokers identify new types of insurance to offer
0:55.8	improve efficiencies and ultimately support customers from global enterprises to small
1:00.3	businesses around the world.
1:02.7	Well, Dawn's responsibilities include the Lloyd's Lab, the product launchpad and future
1:07.6	minds. You'll need to stay with me to find out what these mean in practice,
1:14.6	but you're going to discover a lot in the next 30 minutes. We're going to be talking about what the Lloyd's lab has achieved for both those that participated and the insurers and lawyers
1:18.6	themselves and what's happening next. If you're thinking about applying to the lab,
1:22.6	becoming a mentor or know others that could benefit, you'll get some great insights to help you apply for the lab right now,
1:28.3	wherever in the world you are.
1:30.1	Well, it's the start of the year, so a chance to look at the challenges and opportunities ahead,
1:33.9	and no surprise for the measurement and management towards reducing carbon emissions and ESG,
1:39.1	more generally, is on the agenda for Lloyds.
1:40.9	But what does this actually mean in practice?
	...

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