Martin Olley, AdvantageGo & Laurence Trigwell, Insurants: Get on with it (331)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 1 December 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week on the InsTech Podcast, Robin Merttens speaks with Martin Olley, Head of North America and APAC for AdvantageGo, and Laurence Trigwell, Head of Strategy and Chief Revenue Officer at Insurants, about how technology is transforming the commercial insurance and reinsurance landscape. Martin and Laurence explore how their respective platforms are addressing key challenges in the industry, from intelligent document processing to streamlining underwriting and policy administration. They discuss the demand for innovation, the role of AI in improving efficiency and how their recent partnership is creating seamless solutions for insurers through an integrated ecosystem. Key talking points: The shift from exploration to execution: Insurers are moving beyond AI experimentation to apply practical, value-adding solutions. Intelligent document processing: Unlocking valuable data from submissions, loss runs and slips to streamline risk operations. Ecosystem partnerships: How collaborations like AdvantageGo and Insurants deliver end-to-end solutions for clients, enhancing operational efficiency. Quick wins in tech adoption: Agile approaches, like delivering results within nine weeks, build confidence and improve adoption. Orchestrating AI and machine learning: Combining multiple technologies to optimize accuracy and decision-making. Confidence in today’s technology: Solutions are ready to deliver measurable ROI, enabling insurers to act now. 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. 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: Describe the role of AI and intelligent document processing in streamlining underwriting and risk operations. Define the concept of ecosystem partnerships and their impact on delivering integrated insurance solutions. List the key technologies, including AI, OCR and machine learning, that are enabling smarter decision-making in insurance. 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 331 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	Hello, welcome or welcome back to the Instech podcast.
0:12.4	Zoya here, your podcast producer.
0:14.6	This week, Robin Mertens is joined by two industry leaders to discuss the practical changes happening in the world of commercial insurance and reinsurance technology, joining him are Martin Olli from Advantage Go and
0:25.9	Lawrence Trigwell from insurance. The talk about the real progress being made in applying
0:31.3	AI and intelligent document processing, moving from conversations to action and what this means
0:37.3	for the future of the industry.
0:39.1	You'll also hear about their recent partnership and how they're working together to address
0:43.0	the evolving needs of their clients. Over to Robin.
0:50.6	Welcome to this week's Intertech podcast. My name's Robin Murtons, and this week I'm bringing you a double act.
0:56.6	I'm joined by Martin Olli, who's the head of North American APEC for Advantage Go. Advantage Go provides software solutions to the commercial insurance and reinsurance industry, and including in your package of products, underwriting, policy admin, explosion management solutions. Martin,
1:12.1	welcome, and does that sound about right? Yeah, thank you, Robin. Yeah, spot on.
1:16.1	And the other part of the double act is Lawrence, Lawrence Trigwell, his head of strategy,
1:20.3	and the chief revenue officer, insurance. And insurance provides intelligent document processing
1:25.0	solutions to the industry, including most noticed to be to Marsh.
1:29.1	Lawrence, welcome.
1:30.2	Thanks for having me, Robin.
1:31.5	Delighted to be here.
1:32.5	Martin, I'm going to start with you.
1:33.9	We did this at our event last week.
1:37.0	We talked a little bit about 24 look like, what 25 might hold.
1:40.1	We're going to carry on in that vein today.
1:43.6	What's 24 been like Thora advantage going, selling
	...

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