Platform & Ecosystems: Part One - Novidea, Salesforce and their partners (54)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 10 November 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Platforms are emerging as one of this year's top topics for insurance and technology - and we are going to hear a lot more about them in the next year. Start-ups have been finding it hard to get the attention of insurers, and experience is showing that most insurers are not really set up to nurture early stage companies. Insurance technology platforms provide a way for insurers to more easily access data, analytics and the related services they need to improve efficiency and engagement - and for technology companies to get to insurers. Our event on 22nd October at The Steelyard featured companies talking about their platforms and their ecosystems. In this, the highlights from the first half of the event, Matthew is on stage with our sponsors Novidea, their platform Salesforce and their ISVs (Independent Software Vendors) Conga and Financial Force. You can read our summary of the whole event on the dedicated page on our website - and see photos and details of all the speakers. Look out for the remainder of the evening that included Guidewire, ICEinsurtech, AXA, DMS and RiskBook. We're delighted to be bringing you this podcast with support from the Insurance Insider. For a free copy follow this link - http://campaigns.insuranceinsider.com/instechlondon/

Transcript

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0:00.0	Sometimes it's the simple things that we know very well that we're able to help others with.
0:05.1	Some people actually use our platform to do a lot of the things that they used to do the old way,
0:09.7	like underwriting, for example.
0:17.2	Hello, this is Matthew Grant and welcome to the Instect London podcast.
0:22.3	Now, for those of you that don't nurse well, Instech London is the largest community of people
0:27.2	from insurers, startups, technology companies, service providers and investors working together
0:34.0	to help insurance companies and corporations of all types from all around the world
0:38.2	benefit from innovative ways to measure and reduce risk. For today's podcast, we are bringing you
0:45.6	highlights from our event on platforms and ecosystems recorded at the steel yard on the 22nd of
0:52.6	October. We had another packed room of over 200 people.
0:56.9	And in this, which is our first section of our recordings from the event, we have an example
1:01.4	of an insurance platform that is starting to make an impact across insurance.
1:06.5	Broker technology provider Novodea and Salesforce were on stage, along with a couple of
1:11.6	Salesforce's ISV, that's independent software vendors, Conger and Financial Force. Salesforce is
1:18.4	particularly interesting and a bit unusual because it's a company that's come from outside of
1:22.3	insurance and it builds on its existing business applications to help companies get the benefit
1:27.4	of their existing solutions.
1:29.8	In our next session, we'll be talking to some platforms that were grown within insurance, both big and small.
1:36.2	We're delighted to bring you these podcasts with the support of Insurance Insider.
1:40.4	We consider them one of the most reliable sources of news about the global commercial
1:45.1	specialty and reinsurance markets from around the world.
1:52.9	Well, Ben, all these people are here tonight thanks to your sponsorship. So I think we first
	...

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