January news - $73 million funding, ships, war and thunderstorms (287)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 4 February 2024

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After the popularity of our first episode, InsTech is back with another analysis of what happened in insurance in the past month. If you are curious to know what is going on behind the news items you read about in insurance or technology - we’re bringing together experts, founders, insurers and some well know figures to tell us the news items that are capturing their attention – and why. Matthew Grant CEO of InsTech is once again joined by Nigel Walsh, Managing Director, Insurance, Google Cloud US, alongside Martha Notaras, Managing Partner at Brewer Lane Ventures and Charlotte Halkett, Senior Consultant at Milliman. In addition to this week’s discussion, we have a special feature with the Co-founder and CEO of hyperexponential Amrit Santhirasenan as he discusses with Matthew the completion of their Series B funding round. The news we’re discussing this week: Raising $73 million USD: record funding for hyperexponential in Series B Kicking up a storm - how is property insurance changing as a result of climate change Cargo and geopolitics - how marine insurance is affected by political instability across the world If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. In collaboration with Google Cloud, InsTech is hosting an event in New York. We are calling all US insurers, Brokers, and MGAs to join us and discuss the future of underwriting. Supported by Cytora, hyperexponential, Guidewire and Kroll, register now. 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: Specify how insurance technology companies secure funding from investors and venture capital firms Explain how insurance can help provide solutions for circumstantially difficult events Identify how geopolitical crises can affect cargo and transportation 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 287 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	I think that what's unique about the London market is that in some ways it is the most sophisticated
0:06.6	market, but also is so close to the global market and the US market.
0:20.1	Well, we're back. It's the second episode of the new show where Nigel Walsh from Google Cloud
0:25.6	US and I, Matthew Grant from Ministerick, get a chance to discuss the current items that catch
0:30.5	are I and are intriguing to our wonderful guests. So, welcome to all of you if you're a regular
0:35.4	listener and you've just discovered us, well,
0:42.9	hang in there for a pasty and insightful discussion. Nigel and I are joined by Martha Nautaris,
0:48.0	partner at Bruelaine Ventures and a longstanding friend of both of us, and Charlotte Alcott,
0:53.4	and a well-known presence in the startup and Skelat World from InsureTech and beyond.
0:55.0	Well, we enjoyed recording this,
0:58.6	I'm sure you're going to enjoy listening to it. Please do let us know what you think. If you'd like to have your question recorded for a future episode of this or any other episode of the internet
1:02.9	podcast, then please just click the link in the episode notes and you can record directly from
1:07.5	your phone or your computer. If you've ever fancy being on a podcast, well,
1:11.6	that's the quickest, easiest way to do it. And we'd love to hear what you think, even if you
1:16.0	don't want us to record it. Better still, we can put you on the show.
1:24.9	Hello and welcome back to our latest episode of InstSTech News. Today we are delighted to be joined by a number of fantastic guests as always, along with my co-host, Matthew Grant. On today's show, we're going to cover record funding for a series B in the UK, kicking up a storm, growing geopolitical crisis and more.
1:48.0	So with that, Matthew, over to you.
1:50.4	Thanks, Nigel.
1:51.1	And so, Dad, you can make it back.
1:52.3	The first episode was sufficiently successful, so we felt we should do a second one.
1:56.5	And really thrilled to have both Martha and Charlotte, thank to both of you.
2:00.2	Martha, I know you've got up at. Martha, I know you've got up
	...

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