(Re)thinking insurance artwork

(Re)thinking insurance

65 episodes - English - Latest episode: 1 day ago - ★★★★★ - 5 ratings

In (Re)thinking insurance we discuss the issues facing P&C, Life, and composite insurers around the globe, as well as exploring the latest tools, techniques and innovations that will help you to re-think insurance.

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Episodes

Talking Tech special: AI and Machine Learning

April 30, 2024 11:58 - 23 minutes - 54.7 MB

In this episode, Charlie Samolczyk is joined by Laura Doddington and Lauren Finnis to discuss the topic of the moment for insurers; AI and machine learning.

Talking Tech special: Financial Modeling

April 22, 2024 12:34 - 29 minutes - 33.8 MB

In this episode, our host, Charlie Samolczyk, is joined by Mark Brown and David Pond to discuss the challenges that insurers are currently facing in the financial modeling space and what actions can be taken to address them.

ESG Special: Planning and implementing an effective ESG strategy

February 26, 2024 12:05 - 24 minutes - 57 MB

As regulatory pressures and scrutiny from stakeholders continues to grow, having an Environmental, Social and Governance (ESG) strategy in place has become more and more important. What steps can insurers take to develop an ESG strategy that aligns with their overall business goals, as well as incorporate ESG factors into their wider risk management frameworks and investment portfolios? In this episode of (Re)thinking Insurance, Sina Thieme is joined by Niamh Carr and Mike Wilkinson to dis...

Talking Tech special: Dynamic Products

February 16, 2024 14:44 - 16 minutes - 19.6 MB

In this episode, recorded live on stage at the European Insurance Leaders Forum, Charlie Samolczyk is joined by Iain Whittingham and Magdalena Ramada to discuss what ‘Dynamic Products’ are, and how they impact insurance.

Registered index-linked annuities: How they work, market growth, trends and outlook

February 07, 2024 18:57 - 36 minutes - 84.2 MB

In this episode, our experts take a comprehensive look at registered index-linked annuities.

The top ten challenges facing Chief Risk Officers in life insurance for 2024

January 31, 2024 10:41 - 24 minutes - 28.2 MB

As the global life insurance industry continues to undergo significant change, Chief Risk Officers (CROs) have an increasingly pivotal role to play in ensuring their organizations adapt. With new regulation being introduced, arising external environmental changes and evolving risks – what are the biggest issues facing the risk function in 2024? In this episode of (Re)thinking Insurance, Mark Mennemeyer is joined by Philip Tervit and Niamh Carr to explore the top ten key challenges for CROs...

Talking Tech special: P&C capital modeling trends

December 18, 2023 15:30 - 30 minutes - 34.9 MB

In this episode, Charlie Samolczyk is joined by Chris Bird and Charles Carwin to discuss the trends and themes they have seen in the P&C capital modeling market.

Commercial Lines Market Portfolio Optimization - Underwriting implementation

November 15, 2023 14:05 - 22 minutes - 51.4 MB

Organizations with effective portfolio management are able to bring together all the functions under a cohesive strategy to deliver against their business plans. And critical to this is portfolio managers turning data into meaningful insights to support better underwriting decisions. In this episode of (Re)thinking Insurance, Hjoerdis Gerke is joined by Paul Higham and Anand Patel to discuss how commercial insurers can implement portfolio management strategies and empower underwriters ...

Talking Tech special: The future of digital trading and distribution

October 24, 2023 12:04 - 24 minutes - 28 MB

In this episode, Charlie Samolczyk is joined by Louise Smith and Taffy Jo Mayers to discuss the future of digital trading and distribution. 

Reserving transformation practices across Europe

October 19, 2023 08:29 - 25 minutes - 57.7 MB

In this episode, Holly Layton is joined by Alessandro Pesci and Friederike Gutjahr to discuss how reserving functions differ across Europe, and what trends and observations they have seen in their respective regions. 

Data Science Risk

October 11, 2023 15:16 - 12 minutes - 30 MB

In this episode, Kartina Tahir Thomson and Pardeep Bassi talk about the risks and challenges an insurer faces when embedding data science into their organisation.   They discuss what we are currently observing in the market and what firms should be considering and/or doing when integrating data science, as well as some of the pitfalls that many have run into.  

The future of insurance and analytics

October 11, 2023 12:48 - 19 minutes - 45.4 MB

Insurers recognize that analytics have the power to add value across their organizations. Companies that maximize the use of analytics will win in the marketplace and gain a competitive edge. In this episode of (Re)thinking Insurance, Ravi Sharma is joined by Pardeep Bassi and Laura Doddington to discuss the future of insurance and how analytics will transform insurance.

Accumulation and Savings — How to provide value for money for both customers and shareholders

July 17, 2023 14:26 - 24 minutes - 57.5 MB

Following the introduction of automatic enrollment into workplace pensions in 2012, there has been increasing focus within the UK on delivering value for savers. And with the government’s recent proposals for a common framework for assessing Value for Money (VFM) for Defined Contribution (DC) schemes, developing product and services which help customers to and through retirement has never been more important. In this episode of (Re)thinking Insurance, Hjoerdis Gerke is joined by Phil Tervi...

Navigating the Florida homeowners’ insurance market

July 06, 2023 20:12 - 26 minutes - 60.5 MB

Insurers in the Florida homeowners’ market have had a tough time in recent years. Population booms, economic development, natural disasters and a highly litigious market make it challenging for carriers doing business in the state. In this episode of (Re)thinking Insurance, Ravi Sharma is joined by Klayton Southwood and Trevar Withers to discuss the Florida homeowners’ insurance market, tales of the past, where we’re today and where we’re heading.

Talking Tech special: The importance of building a robust technology ecosystem

June 22, 2023 15:40 - 21 minutes - 25.4 MB

In this episode, our host, Charlie Samolcyzk is joined by Andrew Harley and John Heidelberger to discuss the benefits of ecosystems and partnerships within an organisation. 

Streamlining Insurance - How SaaS is Enabling Automation

June 01, 2023 11:11 - 9 minutes - 23.2 MB

Across the insurance industry, many firms are increasingly looking towards software-as-a-service (SaaS) solutions to address issues of limited internal resource, as well as to automate and streamline their business processes. In this episode of (Re)thinking Insurance, Ravi Sharma is joined by Kunal Patel and Scott Gibson to explore the benefits of SaaS solutions and how organisations can ensure they gain maximum value from these technologies.

ESG Special: How climate conditions impact both insurers’ present day and future risk

May 19, 2023 10:23 - 22 minutes - 52.2 MB

Faced with the challenges and risks of climate change and a warming planet, insurers have strong foundations in place with the catastrophe models developed over recent decades. But the forecasting horizons of such models tends to be quite short. So, as an industry, we need to be thinking about how we better project the potential longer-term effects on exposures, underwriting and investment strategy, taking into account not only physical risks, such as severe storms, but also the transition a...

ESG Special: How will climate transition risks impact the insurance industry?

April 18, 2023 10:45 - 20 minutes - 47.9 MB

For insurers, climate transition risk has two distinct, but related, aspects. On the one hand is what they do in their own operations, in areas such as reducing emissions and reporting. On the other is the increasing awareness of and attention on what the transition to net zero means for underwriting, claims, products and, potentially, reputation. For (re)insurers, climate transition risk has two distinct but related aspects. First, the assessment of their own climate transition across the...

Hot topics in the U.S. life insurance market

March 31, 2023 14:15 - 26 minutes - 60.3 MB

Carrie Kelley is joined by Nik Godon, Karen Grote and Nick Komissarov to explore hot topics in the U.S. life insurance industry. They discuss perspectives on managing in-force blocks, M&A transactions and the pension risk transfer (PRT) market.

Episode 3: Using GBMs to Automate Decision Making

February 09, 2023 18:53 - 17 minutes - 39.7 MB

In this episode, Rachael McNaughton and Madeline Main discuss the practical applications of GBMs.

Using GBMs to Automate Decision Making

February 09, 2023 18:53 - 17 minutes - 39.7 MB

In this episode, Rachael McNaughton and Madeline Main discuss the practical applications of GBMs.

Episode 2: Deciphering crypto: What, how and why insurers have to take notice

January 24, 2023 21:17 - 20 minutes - 47.6 MB

Ravi is joined by Magda Ramada to discuss crypto assets and related technologies. Magda explains key terms and explores how the insurance industry can play a part in this evolving ecosystem.

Middle East Special: Navigating the M&A market

January 12, 2023 12:44 - 30 minutes - 68.9 MB

With Merger and Acquisition (M&A) activity in the Middle East continuing to increase, the implications for insurers, people, processes and systems can be significant and far-reaching. However, it simultaneously presents unparalleled opportunities for businesses to drive growth, deliver faster decision-making, free up capital and create new opportunities in unexplored markets. In this episode of (Re)thinking Insurance, Matthew Facey is joined by M&A experts Roshail Khalid and Darragh McHugh...

Episode 14: Reserving transformation: A look at RenRe’s journey

January 05, 2023 21:13 - 21 minutes - 49.9 MB

Peter is joined by Joshua Wald and Holly Layton to discuss how RenaissanceRe (RenRe) transformed its reserving process. They explore the challenges RenRe faced, the objectives of the project, the benefits gained and what other organizations need to consider when undertaking a similar transformation.

Episode 13 - Reshaping of the UK’s Solvency II and wider changes post-Brexit

October 13, 2022 10:36 - 25 minutes - 58.5 MB

Sina Thieme is joined by Kenny McIvor and Anthony Plotnek, who explore the proposed reforms to Solvency II in the UK, as set out by the HM Treasury and the Prudential Regulation Authority (PRA), and what the potential implications could be for insurers.

Episode 12: Why life insurers need to embrace data democratization

September 30, 2022 12:19 - 14 minutes - 32.5 MB

In this episode: Carrie is joined by Amanda Hug to discuss what data democratization is and how sharing data benefits customers and helps insurance companies advance their businesses.

Episode 12: Why life insurers need to embrace data democratization

September 30, 2022 12:19

In this episode: Carrie is joined by Amanda Hug to discuss what data democratization is and how sharing data benefits customers and helps insurance companies advance their businesses.

Episode 11: Emerging mortality experience in U.S. individual life insurance

August 04, 2022 00:09 - 18 minutes - 43.5 MB

Carrie is joined by Boyang Meng and Kim Steiner to explore the findings and trends from TOAMS 5, WTW’s life insurance industry mortality study.

Episode 10: Inflation and its impact on the insurance industry

July 26, 2022 06:42 - 31 minutes - 72.5 MB

Sina is joined by Chris Bozman and Klayton Southwood to discuss the effects of rising inflation on the insurance industry and what steps can be taken to address it.

Episode 9: The role of data science within insurance claims

July 25, 2022 13:33 - 24 minutes - 57 MB

Tom is joined by Pardeep Bassi to discuss how applying data science within the claims space can improve the customer experience, enhance the way in which claims teams operate and ultimately improve the bottom line for insurers.

Episode 8 – Open source – what can it offer insurers?

July 07, 2022 17:29 - 29 minutes - 69.4 MB

Carrie Kelley is joined by Pardeep Bassi and Serhat Guven to discuss what open source is, what the pros and cons are and how to strike the right balance when applying it within the insurance industry.

Episode 7 – How automation is reshaping capital modeling

July 07, 2022 17:16 - 30 minutes - 71 MB

Peter Royek is joined by Charlie Carwin and Scott Gibson to discuss how automation can benefit capital modeling practices to become more efficient, robust and accurate.

Episode 6: Future changes to the Solvency II regime

July 01, 2022 16:28 - 14 minutes - 33.3 MB

Sina Thieme is joined by Miroslav Kotaska to discuss where we currently are with the EC Solvency II review process and what can EEA insurers expect in the coming years from the prudential requirements at a European level.

Episode 5: Middle East Special: Gaining competitive advantage in the GCC through pricing

May 19, 2022 08:40 - 32 minutes - 22.9 MB

Guest host Matthew Facey is joined by pricing experts Tim Rourke and Andrew Davies to discuss pricing relevance in the Middle East market and how pricing has wide reaching implications for insurers, peoples, processes, systems and data.

Episode 4: Middle East Special: IFRS17

May 18, 2022 10:28 - 38 minutes - 27.4 MB

Matthew Facey is joined by Susann Roeske and Bastian Kurth to discuss what the implementation of IFRS 17 means for insurers operating in the Middle East, and what can be done to make the process as smooth as possible.  

Episode 3: Insights from the 2021 P&C Insurance Advanced Analytics Survey

February 22, 2022 16:55 - 12 minutes - 28.6 MB

In this episode: Michael McPhail is joined by Nathalie Bégin and Lisa Sukow, who share key findings, takeaways and insights from our 2021 P&C Insurance Advanced Analytics Survey of North American insurers. By listening to this podcast, you’ll learn how insurers are expanding and improving the use of advanced analytics.

Episode 2: Generating more business and at the right price

February 07, 2022 10:25 - 16 minutes - 38.6 MB

In this episode, Vittorio Magatti is joined by Gero Niessen who explores how agents today decide on pricing and discounts, the potential pitfalls of this approach, and how both insurers and agents can benefit when agents are provided with the right information in the right way.

Episode 27: Commercial lines insurance trends

January 28, 2022 12:35 - 17 minutes - 40.2 MB

Michael McPhail is joined by Jeff Van Kley and Nancy Serio, who explore key trends and challenges that are impacting commercial lines insurers, as well as how companies are preparing for the future.

Episode 1: COVID-19 and the future of work

January 17, 2022 11:12 - 26 minutes - 62.4 MB

In this episode: Michael McPhail is joined by Day Bishop and George Zarkadakis, who discuss how the pandemic has accelerated the shift to new ways of working, how insurers are leveraging technology to derive value and mitigate future uncertainty and how companies are redesigning critical roles to achieve positive business outcomes.

Episode 26: Machine Learning and alternative methods for reserving

November 26, 2021 13:52 - 18 minutes - 43.8 MB

Vittorio Magatti is joined by Lewis Maddock to talk about some of the greatest challenges facing reserving teams today, to explore why historically there has been so little innovation, and discuss the meaning and impact of machine learning in the context of reserving.

Episode 25: What it means to a modern leader in the insurance world

November 26, 2021 13:38 - 14 minutes - 34.4 MB

Sina Thieme is joined by Tammy Richardson to explore what it means to be a modern leader in the insurance world, including consideration of the impact of sustainability, ESG and inclusion.

Episode 24: The journey to net zero - An insurer’s guide to navigating climate risks and opportunities

September 22, 2021 08:53 - 21 minutes - 50.9 MB

Carrie Kelley is joined by Yingzhen Chuang, Adhiraj Maitra and guest speaker Tim Antonelli, who discuss the contents of a recently published white paper: ‘The journey to net zero: an insurer’s guide to navigating climate risks and opportunities’. The paper, a collaboration between Willis Towers Watson and Wellington Management, is intended to be a pragmatic guide for (re)insurers as they steer their organisations on the journey to net zero.

Episode 23: Is your IFRS 17 programme surviving or thriving?

September 17, 2021 11:48 - 24 minutes - 57.9 MB

Vittorio Magatti is joined by Rosa Salas and Simon Kazmierowski, who discuss the key findings from Willis Towers Watson’s 2021 global IFRS 17 survey, examine how these findings vary around the world, and explore what the wider business implications are for insurers.

Episode 22: IFRS 17 and the principles for Life

September 17, 2021 11:38 - 16 minutes - 39 MB

Vittorio Magatti is joined by Teresa Murphy and Andreas Schröder who will discuss why, with just 18 months to go until the effective date for IFRS 17, so many life insurers are still some way from having all their people, processes and technology chosen, trained and embedded; and what they should and can do in the time remaining?

Episode 21: What we learned from the 2020 Life Insurance Predictive Analytics Survey

September 17, 2021 11:30 - 19 minutes - 46.4 MB

Carrie Kelley is joined by Alastair Black and Kim Steiner, who explore key findings and trends from Willis Towers Watson’s EMEA Life Predictive Analytics Survey and shed light on how these results compare to the U.S. market.

Episode 20: IFRS 17: deriving discount rates in imperfect markets

August 19, 2021 13:47 - 17 minutes - 41.9 MB

Vittorio Magatti is joined by Kunj Behari Maheshwari to discuss construction of discount rates under IFRS 17 for imperfect markets with limited to no market data or with market data that is otherwise unreliable.

Episode 19: The effects of socioeconomic status on mortality and morbidity

August 12, 2021 13:55 - 29 minutes - 67.5 MB

Carrie Kelley is joined by Matthew Edwards and Richard Marshall, who explore recent trends in setting mortality assumptions and discuss how insurers are attempting to understand the impact of socioeconomic status on mortality.

Episode 18: Claims transformation: Unleashing the full potential of advanced analytics

August 12, 2021 13:42 - 28 minutes - 67.1 MB

Vittorio Magatti is joined by Tom Helm and guest speakers Grace Hanson and Sascha Firle for a discussion on how analytics is going to transform claims outcomes over the next three to five years.

Episode 17: Insights on U.S. commercial insurance pricing trends

July 13, 2021 13:26 - 17 minutes - 39.9 MB

In this episode, Jarrett is joined by Jeff Carlson and Yi Jing, who discuss how Willis Towers Watson monitors U.S. pricing trends via the Commercial Lines Insurance Pricing Survey. They explore how pricing has changed since the survey launched in 2005 and share observations on what’s driving it.

Episode 16: Uniting Experts In Commercial Lines

July 13, 2021 12:57 - 14 minutes - 33.3 MB

In this episode, Vittorio Magatti is joined by Tasha Pettet and Bijal Patel, who will explore how you ‘break the silos’ between underwriting, pricing, and portfolio managers, bringing these different experts in commercial lines operations together, to leverage each other's capabilities to improve overall business performance.