#32 - Is Reinsurance Broken? - podcast episode cover

#32 - Is Reinsurance Broken?

Oct 04, 202231 min
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Episode description

This week Jerad and Ben dive into the inefficiencies of the reinsurance market, the lack of technological modernisation compared with other industries, and the host of practitioner frustrations. We want to address the question: is the industry broken? This episode is analogy galore - we explain all manner of concepts with strange and wild comparisons.


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

Say Hello: cordy@supercede.com


OUTLINE & TIMESTAMPS:

(00:00) Intro

(00:55) “Reinsurance Is Broken”

(03:00) The Need to Modernise

(05:30) Practitioner Frustrations

(10:07) The Element of Customer Experience

(12:50) Technology & Automation to Support Reinsurance

(15:31) Improving the Speed of Reinsurance Purchasing

(19:20) Progress vs. the Status Quo

(23:06) The Blasé Nature of Reinsurance Costs

(25:32) Analogy Battle: Is the Reinsurance Industry Broken?

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