Forbes McKenzie: CEO of McKenzie Intelligence Services: Data driven intelligence (99)

InsTech - insurance & innovation with Matthew Grant & Robin Merttens

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 23 August 2020

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Without a good understanding of their clients - both at the time of underwriting and during claims - insurers are increasingly going to struggle to offer the right products, at the right price to the right people. With a background in military intelligence, Forbes McKenzie knows how to combine the data obtained from technology, with that gathered from the essential Human Intelligence. He's used this to great effect in building MIS. Forbes talks to Matthew on Episode 99 to discuss the latest developments in collecting information ranging from satellites to doorbells to the One Under Lime coffee shop. Talking points include: Establishing MIS in the Lloyd’s marketplace How clients are using MIS data Latest developments and sources of data in aerial imagery Crowdsourcing and new data sources Integrating through APIs If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on Linkedin. Find out what we are up to at InsTech London and sign up to our newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time.

Transcript

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0:00.0	Well, it's still not clear yet when we're able to get back together at scale, but we've been
0:18.6	busy running our digital events and recording some great interviews. If you haven't seen what we've been doing on our Bright Talk channel,
0:25.4	then take a look at our website, www.com.com, to find a whole other series of really interesting
0:31.9	discussions. Corporate membership is also growing week by week. This is Matthew Grant, partner at
0:37.4	Instech, London, and welcome to this
0:39.1	the 99th episode. Thank you for your support and kind words. We wouldn't bother doing this if you
0:43.9	hadn't been able to tell us what you think. Now over the last couple of years, we've been delighted
0:48.4	to support the work that Lloyd's is doing with the Lloyd's Lab. One of the biggest successes of
0:53.0	companies offering data and analytics to the companies in Lloyd's actually. One of the biggest successes of companies offering data and analytics
0:54.7	to the companies in Lloyds actually predates the labs itself. McKenzie Intelligence Services
0:59.8	was founded by Forbes McKenzie to collate and interpret intelligence information and derive
1:05.4	useful insights for claims adjusters and underwriters. We've known Forbes and his team for a while
1:10.3	and we're delighted to welcome them
1:11.6	recently as another corporate member. We're learning more about how the company's broadening
1:15.9	access into the sources of intelligence it's using and I think you're going to find this a really
1:20.0	fascinating discussion.
1:27.4	Mackenzie Intelligence was founded in 2011, following Forbes, who is part of the
1:32.5	airman in that career in military intelligence, started offering intelligence to insurance
1:37.4	companies, and then Forbes you got backing from Lloyd's in 2017 to assist them with claims
1:43.1	handling. Today, you're one of the most well-known organisations
1:47.9	working with Lloyd's, and this area, and actually have had a really intriguing journey.
1:52.3	We'll look forward to finding out about you've broadened your area of risk intelligence.
	...

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