Tuesday Mar 19, 2024

Implementing Technology in business

This episode is hosted by Finity principals, Marcello Negro and Edward Owen. Together, they discuss challenges and strategies for technology transformation in insurance.

 

Marcello Negro

 

Marcello is an Actuary and Principal at Finity who has worked in the general insurance industry since 2012. Marcello leads Finity’s Insurtech and start-ups practice, providing strategic and actuarial advice helping underwriting agencies develop their product, pricing and distribution strategies to launch their businesses. He has used his experience to develop innovative telematics motor products, embedded householders’ insurance offerings, as well as tech-enabled broker distributed business packages products.

 

Edward Owen

 

Eddie is a Principal at Finity and is part of the Artificial Intelligence team. He has extensive knowledge and experience in optimisation methods, statistical analysis, mathematical modelling and algorithms. Eddie has 22 years’ experience working on insurance applications. He has particular design and programming expertise, having made major contributions to Claims Outcome Advisor, Precedent and Talon.

 

Links

Timestamps

  • 00:44 - Have you experienced an increase interest in use of technology in insurance?
  • 02:30 - What type of people by employment level have been asking these questions?
  • 04:42 - What are you seeing with various companies handling the transformation in technology?
  • 07:39 - How do you see organizations using all in one systems or specialized modules?
  • 11:40 - Do organizations prefer to build versus buy solutions?
  • 16:00 - How do companies make sure they have the right team and skillsets for the technology being implemented?
  • 18:15 - What were some of the steps performed when we were asked to build a platform for a large national insurer?
  • 21:38 - Do you have any tips for the process of transitioning a business to more technological setup?
  • 24:16 - Are there any other challenges with smaller businesses with limited budget?
  • 26:24 - What is your role at Finity?

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