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InsTech - insurance & innovation with Matthew Grant

Matt McGrillis, Chief Product Officer & Co-founder: Send Technology: The underwriting evolution through quiet AI transformation (353)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.850 Ratings

🗓️ 4 May 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

What if underwriters could instantly triage submissions and reduce time spent on repetitive admin, without changing how they work? Matthew Grant speaks with Matt McGrillis, Co-founder and Chief Product Officer at Send, to explore how the company’s underwriting workbench is embedding AI into core workflows to help underwriters write more business, more profitably. Now on its third feature with InsTech, Send has evolved from an early-stage start-up to one of the UK’s leading underwriting platforms. Matt shares how Send’s latest innovations including agent workflows and AI-powered triage, are making decision-making faster all while running quietly behind the scenes. Key Talking Points How Send is digitising complex underwriting workflows to reduce friction and increase speed. How agent workflows are breaking down underwriting into manageable AI-driven tasks. Send’s triage tools helping underwriters prioritise high-value business in real-time. Why GenAI is less about disruption and more about quiet, seamless transformation. How Send balances “build v buy” to offer agility without sacrificing functionality. Why clients working with Send are seeing faster quote turnaround and improved broker response. The importance of automating the “boring bits” so underwriters can focus on value. Matt’s prediction on why AI agents and not flashy features will drive the next wave of adoption. If you like what you’re hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. You can also contact Matt McGrillis on LinkedIn to start a conversation! 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 how AI agents are transforming underwriting workflows by automating repetitive tasks and enabling faster decision-making. Specify the types of underwriting tasks best suited for AI agents and automation. Identify key challenges insurers face when adopting AI tools and how Send supports clients through that transformation. 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 353 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 Insect Podcast.

0:12.4

Zoya here.

0:14.0

Keen podcast listeners will be aware of Cent Technology, a company helping commercial and

0:20.1

specialty insurers transform underwriting with

0:22.8

AI-enabled tools. On their third feature on the podcast over the years, joining Matthew is Matt

0:29.8

McGillis, co-founder and chief product officer at Send. He's here to talk about how the company

0:35.9

has evolved from an early stage startup to one of the

0:39.4

UK's leading underwriting workbench platforms and why their latest focus on agentic workflows and

0:46.1

AI-enabled triage is redefining how underwriters prioritised and process submissions. You're curious

0:52.2

about how AI agents are being quietly embedded into

0:55.0

cool workflows and what it takes to digitise decades-old underwriting practices, then this

1:00.9

episode is for you. Now, let's dive into the conversation.

1:08.2

Matt, welcome. It's a real pleasure to talk to you as one of the co-founders of SENT, not only because I've spoken to your other colleagues, because I'm really looking forward to catching out with what's going on. Welcome.

1:21.0

Thank you, Matthew. Yeah. Thanks for inviting me. I really appreciate it. The third of three.

1:25.9

Well, you know, there is some lunch riding on whoever gets

1:28.7

the most listeners. They're all worth listening to because it's quite a good story of how

1:32.9

Sends evolved over the year. So Ben Huckle, April 22, 1,400 downloads. Andy Moss, CEO, June

1:41.9

2023. He has got 1,200 downloads, but obviously it was a year later.

1:47.6

And then Matt, you are chief product officer, co-founder, and that's your target to be for the next.

1:53.8

So I'll give you 12 months, and then we can decide who buys lunch. Definitely. Like and

1:58.0

subscribe and download everyone. I don't want to be buying lunch.

2:01.7

Well, top tip, actually, if you don't already do this, anybody who wants to look for a job

...

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