James Gillespie & Grant Dewar: Aon Strategy and Technology Group: Progress, Partners, Plans and Prog Rock (278)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 10 December 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week we hand over the mic to Robin Merttens as he talks to James Gillespie, Head of Pricing, and Grant Dewar, Client Services Director at Aon’s Strategy and Technology Group (STG). In this episode, they discuss the evolution of Aon STG in the 18 months since it was created, what has been learned and what clients are seeking. It goes on to describe the body of services and resources it is building and the scale of its ambitions. Key talking points include: How the role of insurance brokers is changing The development of the Aon STG ecosystem and plans for that What the data model of the future looks like and how a conjoined approach through the whole value chain could transform insurance The strength of what Aon can offer when the brokerage and STG join forces How the size of the group has attracted new business, not deterred prospects Nostalgia for 70’s prog rock music, art and design Why everyone should do Lego in their spare time 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 This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, 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: Explain the changing role of insurance brokers, moving beyond traditional risk placement to providing value through data and analytics Summarise some of the methods for integration of technology divisions, talent acquisition, and the adoption of emerging technologies such as AI and machine learning in the insurance sector Describe the concept of ecosystems in the insurance industry and how partnerships and collaborations contribute to creating a comprehensive solution for clients 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 278 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 and welcome back, or if you've just found us, then we're thrilled to have you joining us.
0:13.0	Matthew Grant here, but not for long, Robin Merton's is your host again today.
0:17.2	Now, despite some of the aspirations of a few early insuredex, the role of the
0:22.1	insurance broker is as vital as ever for large insurance transactions, but it's no longer
0:27.1	enough to place the risk and take a fee. Brokers need to add value through providing data
0:31.1	and analytics to their insurance clients. So this week, Robin is talking to James Scalb and Grant
0:35.7	Duo of Aon's Strategy and Technology Group, or STG, exploring what is an offer now for insurance.
0:41.7	So over to Robin.
0:46.3	Grant, James, thank you very much for joining me.
0:48.8	Good to be with you, Robin.
0:49.8	Thanks for inviting us.
0:50.8	Very much looking forward to today's discussion.
0:52.7	Thank you very much, similarly. I'm looking forward to it. but I can't start, Grant, because you have behind you all
0:58.4	kinds of posters which reflect prog rock of the 1970s. Led Zeppelin, The Who, Pink Floyd. Tell me
1:08.6	about that. Is that a guilty pleasure of yours? Yes. Everyone notices this.
1:12.5	Sometimes I show them. Sometimes I don't show them. It depends on the nature of the core.
1:16.0	It's very much passion of mine is the 1970s. So I kind of regard that as the best decade for both music and associated arts.
1:24.4	I'm kind of into anything from glam rock to punk rock with pretty much everything
1:28.5	in between. I have a couple of thousand albums and a few hundred sort of posters from I was obviously
1:34.5	a very young teenager then there, Robbins, my sort of early experiences. Still got any flares?
1:39.4	Not that I'm admitting to and the platform trousers are well and truly hidden away with the
1:43.3	cheesecloth shirt.
	...

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