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InsTech - insurance & innovation with Matthew Grant

Paul Mang: Chief Innovation Officer, Guidewire: Insurance analytics for 21st century risk management (110)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 8 November 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Insurance might be “swimming in data” - but without actionable insights that data is just noise. Matthew catches up with Paul Mang, Chief Innovation Officer at Guidewire to explore the latest developments in innovation, modelling and interpreting data to advance the understanding and management of risk. Talking points include:  Parallels between biotechnology and insurance Sense-making of data for actionable insights The challenges of managing cyber risk Innovating through the Guidewire Marketplace The hype vs reality of IoT and sensors Keep track of everything we are up to at InsTech London and sign up to our newsletter for a fresh view on the world every Wednesday morning. If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn. 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

Click on a timestamp to play from that location

0:00.0

The smart money back then was that the large traditional pharmaceutical firms had a model, had a mindset, and had a whole set of processes and infrastructure and people who grew up and got promoted thinking that way, would never be able to adapt.

0:16.0

And that led to investors coming in. And this was really the the the accelerant for what we know today

0:22.6

as the modern venture capital industry well I'm not sure what you were up to last Sunday, but you set another records for downloads for the INSDEC London podcast on a single day.

0:46.8

And we're all heading into a month of lockdown again here in the UK.

0:50.1

And I guess wherever you are listening from, you two are going to be restricted on what you get up to.

0:54.4

But the great thing about audio, of course, is you can at least get outside for a bit, plug in

0:58.8

and still keep up with what's going on in the world. And with face-to-face events not going to be

1:04.4

happening for at least another few months, we're getting our creative juices flowing here in

1:08.6

Steck, London to keep our community engaged

1:11.0

and connected into 2021.

1:14.3

Matthew Grant here and this week I am talking to Paul Mang.

1:17.5

Paul currently heads up guide-wise analytical and data business, but his career is wide-ranging

1:22.3

and he's invested in and mentored start-ups and scale-ups in a variety of industries.

1:28.9

Paul's got some great observations, including lessons from biotech for insuretech, and it's worth staying on to the end to hear his

1:33.8

predictions for what's coming up next. And if you haven't already discovered what we're up to at

1:38.8

Instech London or we'd like to become part of our community, then do take a look at the website

1:43.2

www.instech..london.

1:47.0

We're in regular contact now with over 15,000 people around the world

1:50.5

from insurance and technology, big and small, new and old.

1:54.8

And you'll also find our editor highlights of this interview on the website to read and share.

1:59.9

And now back to Paul.

2:12.7

Paul is fantastic to be talking to you today. You've got so much experience. It's sort of hard to know where to start.

...

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