#2 - Challenges with Reinsurance Data
Episode description
Jerad and Ben discuss the challenges faced by reinsurance data and the fundamental problems of information management, plus the pair engage in a ruthless battle for the best analogy to describe reinsurance.
CONNECT & SUPPORT:
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
Twitter: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
OUTLINE & TIMESTAMPS:
00:00 - Intro
01:50 - Pain points in reinsurance data
07:28 - The gift of automatic validation
10:39 - Limitations of paper forms & documents
11:46 - The fundamental problem within reinsurance
14:17 - Analogy battle: Ben vs. Jerad
21:28 - Why are reinsurance deals bespoke?
23:30 - The future of insurtech
26:32 - Do firms ever benefit from poor data quality?
28:00 - Transparency vs uncertainty
