Yann Barbarroux: Co-founder & CEO, Otonomi: Supply chains, cargo delays and parametric insurance (255)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 17 July 2023

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

While supply chains are under increasing pressure, many losses associated with cargo delays go uninsured. If shipments are late, perishable goods are lost, business is interrupted and budgets are overspent. Henry Gale speaks to Yann Barbarroux, CEO and Co-founder at Otonomi about the insurance product the company has built to cover supply chain delays for third-party logistics companies and freight forwarders. Topics include: Getting cargo underwriters at Lloyd’s comfortable with a delay product Three approaches to distribution for new insurance products How the Ever Given ship stuck in the Suez Canal affected supply chains Customer responses to parametric products Otonomi's experience in the Lloyd's Lab We’d love to know what you think about this episode - click here and add your thoughts to our LinkedIn post about it. 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. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us [email protected] Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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: Explain some of the financial challenges cargo shipment delays cause Describe some of the benefits of creating successful partnerships Identify the key role underwriters have in financial risk 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 255 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

Click on a timestamp to play from that location

0:00.0	Good morning, good evening, wherever you are. Matthew Grant here, CEO of INSTECH.
0:13.0	And welcome. Now, we're all aware of the challenges when supply chains come under pressure,
0:19.0	blockages in the Suez Canal, wars in Ukraine, and things
0:22.7	like that. Very hard to understand how to price those actuary, and many of those go uninsured.
0:28.5	This week, Henry Gail is talking to Jan Barabut, CEO and co-founder of autonomy about his
0:33.8	insurance product, or the company's insurance product, built to cover supply chain delays for third-party logistic companies and freight forward.
0:41.4	I think you're going to enjoy this one.
0:42.7	In the meantime, if you want to know what we're up to INSDEQ, you can find everything we're doing
0:46.6	www.com.
0:47.7	W.W.w.com. A few more events in July, then we're wrapping up for August and we've got
0:52.8	a very busy schedule coming up in September.
0:55.3	So if you're planning to come over to London and would like to join us, maybe even get you on stage, please do let us know.
1:00.2	Hello at instec.com. Okay, here's Henry and Jan.
1:08.3	Yeah, and welcome to the InSect podcast. It's great to have you here.
1:12.3	Hi, Henry. Thanks a lot for having us thrilled to be part of this episode.
1:17.2	Great. Well, you're the co-founder and CEO of Autonomy, founded in 2020, and you're focused on parametric insurance products for the cargo sector.
1:26.7	And we'll talk about what that means very shortly.
1:28.8	But you've raised more than $4 million in funding. And you've recently launched one of your
1:33.6	air freight disruption insurance products with backing from Greenlight Re as well. So I want to
1:39.7	start with your own personal background. How did you come to found autonomy in the first place?
1:44.4	What were you doing before that? So 20 years ago in 2003, I moved to the US for my first job
1:50.8	and I worked at the number of banks, financial institutions, brokerage firm in capital markets,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from InsTech, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of InsTech and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.