Episode description
Welcome to the latest edition of the Leadership in Insurance Podcast where this week we were fortunate enough to be joined by Dror Katzav.
Dror is the CEO, Co-Founder of Atidot.
Atidot is an AI & Machine Learning solution for life insurers that provide real-time, actionable insights into customer behavior.
In this conversation we talked about:
- Developing his data skills in the army
- Why he focussed on Insurance as a business sector: Inefficiencies!
- Insurance is a rabbit warren of data opportunities Life insurance is data!
- Understanding the data is the secret recipe
- Running towards the biggest fire - the biggest challenge often means the least competition
- Looking for inspiration outside of insurance - who looks after and understand the customer
- If insurance doesn't create more touchpoints how can it differentiate itself?
- Creating effective partnerships in business
- Does better data mean the rule of large numbers ceases to apply?
- Better analytics allows us to create long-term value in the customer base
- Is there much focus on acquiring customers vs keeping them?
- Who controls data and who should? (Dror catches me out thinking old school?
- How the actuarial skill set is changing Narrative over facts - talk in stories, not statistics!
- How to be the "fly to the elephant! working with big companies as a small business
- Data ethics and regulated industries - unique challenges to overcome
Thank you so much to Dror for being a great guest - really great fun and super interesting.
This podcast was brought to you by FinPro an executive recruitment business that works in the Insurance and Instech space
Our host is FinPro Director, Alex Bond
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