Digital Insurance Pint
Digital Insurance Pint
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S8.2 - DIPP At The Crossroads
In this episode, the hosts discuss the recent mergers and partnerships in the insurance industry. Jeff Roy announces the merger of Excalibur with McFarland Rowlands, Steve Earle reveals a partnership with Southampton Financial, and Adam Mitchell hints at a future partnership. The decision to sell or partner with another company is driven by factors such as size and scale, access to markets and underwriters, HR resources, and technology. Each CEO chose a partner that aligned with their specific needs and goals. The teams were informed about the transactions and were reassured about the future of the business.
The conversation explores the decision-making process and the impact of partnerships and acquisitions in the insurance industry. The participants discuss the importance of transparency and communication when making these decisions and the opportunities for growth and advancement that come with them. They also touch on the concept of independence and how it can be maintained even after entering into partnerships. The conversation concludes with a discussion on feedback and the potential reactions from others in the industry.
Переглядів: 25

Відео

S8.1 - AI in Insurance
Переглядів 6019 годин тому
In this conversation, the DIPP crew discuss the topic of AI in insurance. They explore the different levels of difficulty and technology tools available, such as agency management systems, CRM, robotic process automation, digital virtual assistants, and virtual assistants. They also emphasize the importance of evaluating tech solutions based on their ability to improve productivity, efficiency,...
S8.8 - Stephen Billyard
Переглядів 2819 годин тому
In this episode of the Digital Insurance Pint podcast, the DIPP crew is joined by Stephen Billyard, CEO of Billyard Insurance Group They discuss Stephen's journey in the insurance industry, the challenges of rapid growth, and the integration of technology and AI in insurance operations. Stephen shares insights on building a franchise model, managing underwriting processes, and leveraging IBM Wa...
S8.5 - TruflaTechnology
Переглядів 1019 годин тому
In this episode of the Digital Insurance Point podcast, The DIPP crew and guests discuss the evolving landscape of insurance technology, focusing on Trufla's innovative products designed to enhance broker efficiency and client retention. The conversation delves into the challenges brokers face with renewal processes, the role of AI in improving operations, and the importance of trust in adoptin...
S8.3 - Donna.AI
Переглядів 2119 годин тому
In this episode of the Digital Insurance Pint podcast, the DIPP crew discuss the role of artificial intelligence in the insurance industry, focusing on Donna AI, a platform designed to help insurance agencies grow their revenue and improve customer retention. The conversation covers the importance of clean data, predictive analytics, and sentiment analysis in enhancing agency performance. The g...
S8.7 - Panda7 & Noel Feghali
Переглядів 1519 годин тому
In this episode of the Digital Insurance Point podcast, the DIPP crew discuss the evolution of the insurance industry, focusing on the innovative approach taken by Noel Fegali, CEO of Panda7. The conversation covers Noel's background, the inception of Panda7, the importance of user experience in digital insurance, and the unique challenges and opportunities present in the Quebec insurance marke...
S8.6 - Gaya AI
Переглядів 1119 годин тому
In this episode of the Digital Insurance Pint podcast, host Tom Reid and co-hosts Jeff Roy and Adam Mitchell (Steve was away) welcome Carl Ziade, co-founder and CEO of Gaya. The conversation delves into Carl's journey from Lebanon to Silicon Valley, the evolution of Gaya from a car-sharing platform to an insurance technology solution, and the challenges faced by insurance agents in the U.S. The...
S8.4 - Koios Intelligence
Переглядів 1519 годин тому
In this episode of the Digital Insurance Point podcast, the DIPP crew and guests discuss the evolution and application of AI in the insurance industry, focusing on Koios Intelligence. Mohamed Hanini, CEO of Koios, shares insights into the company's journey, the unique aspects of their AI technology, and how it is transforming the brokerage experience. The conversation highlights real-world appl...
Season 7.10 - Existential Threats V2
Переглядів 1497 місяців тому
This is take 2 on “what keeps you up at night?”. The DIPP crew discusses major industry issues including the rise of vehicle theft, OPCF 49, broker cancellation as a way to manage carrier profitability, embedded insurance, connectivity and technology progress. If that wasn’t dark enough for you, the team also discusses potential existential threats such as earthquake and banking collapse. Takea...
S7.9 - Shawn Antao - EY V2
Переглядів 1057 місяців тому
In this episode, the hosts interview Sean Antao, a partner at EY and leader of the Insurance Technology Consulting arm. They discuss various topics related to Guidewire implementations and broker connectivity. The conversation covers the dominance of Guidewire in the Canadian market, factors affecting the cost of implementations, and the challenges in creating broker connectivity. They also tou...
S7.8 - Adam Hare V2
Переглядів 1227 місяців тому
In this episode, Adam Hare, CEO of Petley-Hare Limited, shares his journey in the insurance industry and the rebranding process his company went through. The conversation covers topics such as the impact of branding, the cancellation of carrier contracts, and the process of rebranding a brokerage. Adam emphasizes the importance of staying true to your brand and making tough decisions when neces...
Season 7.7 - Greg Purdy V2
Переглядів 1437 місяців тому
Greg Purdy, CEO of Rival, joins the DIPP crew to discuss his background in insurance and software, his decision to join Rival, and the company's focus on changing the broker automation process. Rival's unique competitive advantage lies in its active engine that uses AI to optimize workflows and provide a more intuitive user experience. The company's RPM platform and marketplace aim to connect d...
Season 7.6 - Tracy Riley V2
Переглядів 1148 місяців тому
In this conversation, the DIPP crew are joined by Tracy Riley, Chief Insurance and Technology Officer at Wawanesa Insurance. They discuss the importance of real-time connectivity, Wawanesa's API sharing initiative, the significance of mutuality in the company, and the decision to opt out of aggregators. Tracy also shares insights into the responsible use of AI in underwriting and the disbanding...
Season 7.5 - Ema Roloff V2
Переглядів 1068 місяців тому
In this episode, Emma Roloff, co-founder of Roloff Consulting, joins the podcast to discuss digital literacy and the challenges and opportunities in the insurance industry. Emma emphasizes the importance of understanding key technologies such as AI, cloud computing, and IoT. She also highlights the need for CEOs to focus on people and process when undergoing digital transformation. Emma shares ...
Season 7.4 - Benchmarking with Carey Wallace V2
Переглядів 1028 місяців тому
In this episode, host Tom Reid and his colleagues Steve Earle, Adam Mitchell, and Jeff Roy are joined by Carey Wallace, founder of Agency Focus. The episode focuses on key performance indicators (KPIs), metric tracking, the impact of compensation structure, and the efficiency of Canadian brokerages. Carey shares insights from her experience as a fractional CFO and consultant for independent ins...
Season 7.3 - Benchmarking with Brett Boadway V2
Переглядів 468 місяців тому
Season 7.3 - Benchmarking with Brett Boadway V2
Season 7.3 - Benchmarking with Brett Boadway
Переглядів 2068 місяців тому
Season 7.3 - Benchmarking with Brett Boadway
Season 7.2 - CPC - What Do Brokers Want?
Переглядів 2228 місяців тому
Season 7.2 - CPC - What Do Brokers Want?
Season 7.1 - Louis Gagnon
Переглядів 6089 місяців тому
Season 7.1 - Louis Gagnon
Special Episode - Guidewire
Переглядів 220Рік тому
Special Episode - Guidewire
Ep 6.10 - EDI and eDocs
Переглядів 224Рік тому
Ep 6.10 - EDI and eDocs
Ep 6.9 - Dario Battista
Переглядів 236Рік тому
Ep 6.9 - Dario Battista
Ep 6.5 - Matthew Turack
Переглядів 245Рік тому
Ep 6.5 - Matthew Turack
Ep 6.8 - Quandri
Переглядів 619Рік тому
Ep 6.8 - Quandri
Ep 6.7 - Broker Independence - So what?
Переглядів 229Рік тому
Ep 6.7 - Broker Independence - So what?
Ep 6.6 - Battle of the Bands
Переглядів 146Рік тому
Ep 6.6 - Battle of the Bands
Ep 6.3 - Sherif Gemayel
Переглядів 185Рік тому
Ep 6.3 - Sherif Gemayel
Ep6.4 - Aggregators
Переглядів 382Рік тому
Ep6.4 - Aggregators
Ep 6.2 - Carol Jardine
Переглядів 226Рік тому
Ep 6.2 - Carol Jardine
Ep 6.1 - CJ Nolan
Переглядів 189Рік тому
Ep 6.1 - CJ Nolan

КОМЕНТАРІ

  • @szylak
    @szylak 7 місяців тому

    We were not asked to build Policy Change connectivity from anyone associated with Guidewire or any of their proxies. We are currently implementing Policy Change with Cognition+ and SEH systems. I am the founder of Power Broker. Good guest.

  • @drainer8073
    @drainer8073 8 місяців тому

    Great episode and some hard hitting questions. Felt like Steve really pushed hard, almost hijacked the interview.

  • @szylak
    @szylak Рік тому

    I am interested in seeing which of the 3 of you sells first.

  • @sirialbueno
    @sirialbueno Рік тому

    Great discussion guys. I've owned a brokerage where we concentrated our P/L with 1 carrier for a few years - did it for 2 reasons - it was financially beneficial and allowed us to make important investments in the brokerage, and we were much better able to service our customers. I still considered us to be independent as we made our own decisions and were able to service the customer well with advice that had nothing to do with only having 1 carrier. If the customer didn't fit the product we had available, we'd tell them they'd be better served by another brokerage who had what they needed. I've also had a carrier as a partner for a period of time. Again I considered my brokerage to be independent as the carrier was only interested in financial performance - they had nothing to say about placement of business. But , as an owner, it's not fun trying to negotiate annual compensation as the carrier's wants are very much different than an individuals needs.

  • @faithlewis4499
    @faithlewis4499 Рік тому

    Great episode ! Have always looked up to Carol. Happy Retirement ❤

  • @andrewasher2201
    @andrewasher2201 Рік тому

    The Algo brought an UW to your channel. CHEERS!

  • @Argee55732
    @Argee55732 2 роки тому

    Excellent interview. More should check this out. From the days of GK, GKB, HKMB, etc., Greg has always had my most considerable respect. A stunning history of profitable growth based on bringing together the right team and laser focused marketing.

  • @yafasakkejha
    @yafasakkejha 2 роки тому

    We joined in early 2022 and have been thrilled with the experience. I can honestly say the post close environment is better than I could have imagined.

  • @sirialbueno
    @sirialbueno 2 роки тому

    Nice interview guys and good information presented. With so much IT integration having taken place in brokerages over the last 3 years in particular, the thought of changing BMSs is pretty daunting in this climate. Like Steve suggested, I think taking 18 months to transition is probably the least disruptive route.

    • @digitalinsurancepint408
      @digitalinsurancepint408 2 роки тому

      Great Comments, Chris. A BMS upgrade is the single most disruptive thing in an insurance brokerage. If your doing it to move your current process to the new BMS system, you have missed the concept of improving and levelling up your brokerage. You have to reengineer and redesign the workflows and procedures. The new workflows need to be able to put your insights into a data lake in a meaningful way to glean insights on your brokerage. 18 months is a realistic time frame as you spend 6 months reviewing the options. Then a good 12 months to implement. You can do it faster, but at the peril of the project not going as well as you wanted - Jeff Digital Insurance pint.

  • @calmmartin753
    @calmmartin753 2 роки тому

    interesting question at the end. Are brokers stakeholders or partners with insurers? If the insurers' have a direct writing arm, is cost effective for them to keep brokers as partners for portal business?

    • @digitalinsurancepint408
      @digitalinsurancepint408 2 роки тому

      Brokers tend to have a better loss ratio than the direct channel, so it is to the carrier's advantage to maintain their relationship with good brokers

  • @tom158
    @tom158 3 роки тому

    Excellent points! It's a scary new day!

  • @javieribanez8824
    @javieribanez8824 3 роки тому

    Really enjoy these gentleman!

  • @ianmcmahon192
    @ianmcmahon192 3 роки тому

    Always great hearing Marilyn speak!

  • @lorenzolio
    @lorenzolio 3 роки тому

    Solid sandwich choice

  • @brentcuthbert3892
    @brentcuthbert3892 3 роки тому

    It all starts with collaboration! Great dialog guys! Cheers!

  • @jessegauthier5757
    @jessegauthier5757 4 роки тому

    Are these podcasts available on any podcasting services? EI)Apple Podcasts, Spotify?

  • @marcleger5892
    @marcleger5892 4 роки тому

    Just finished watching them all. Great job, guys! Hope you keep them coming.