Pricing at the Pace of Change

Majesco’s Denise Garth is joined by K2 Insurance Services’ Matthew LuBien to unpack the key ingredients to MGA success. They dive into market opportunities driving future growth, areas where product development needs support, and what to look for when selecting a technology foundation and partners. The conversation also explores why minimizing customization matters, how to bridge underwriting expertise with technology, and the ways data and AI are revolutionizing insurance.

Join Denise Garth and Felix d'Alançon of AKUR8 for a dynamic conversation on the evolving pace of change in the P&C market and how pricing strategies are adapting in response. They explore the impact of having a well-integrated end-to-end solution from pricing to rating, the business value unlocked through the Majesco and AKUR8 integration with Majesco’s Enterprise Rating solution, real-world customer use-cases, and what the future holds for pricing and rating from a business and technology perspective.

This week on the Future of Insurance Podcast, NYPIUA’s Kin Lee joins Denise insightful conversation on the transition from legacy technology to intelligent, cloud-native core solutions. They explore how to avoid carrying forward outdated complexity, the business value of GenAI, and embedded new opportunities for transformation. They also highlight the innovation potential for smaller companies adopting next-gen intelligent core platforms, the importance of strong partnerships, and practical advice for mid- to small-sized insurers navigating their modernization journey.

In this episode, Denise Garth sits down with Marie Loughran of Boston Mutual Life Insurance to explore the key drivers of business transformation in today’s insurance landscape. They dive into selecting the right technology foundation, choosing the ideal partner, and unlocking the power of data, analytics, and GenAI. Marie shares insights on reshaping roles and organizational structures to align with modern business models, and how a digital-first foundation improves customer retention and ease of doing business. Tune in to hear what excites her most about the future possibilities enabled by this new foundation of business and technology. 

In this episode, Denise Garth sits down with Jim DeMarco from Microsoft to explore the accelerating pace of technology and AI innovation in insurance. They dive into the power of embedded GenAI, emerging use cases for Agentic AI within core platforms, the importance of GenAI governance, and how these technologies are poised to lower costs, enhance service, and rebuild trust across the industry.

A decade into the $50 billion insurtech experiment, what have we learned? Denise Garth and Gallagher Re’s Andrew Johnston discuss the biggest successes, missteps, and evolving investment strategies. From AI and data analytics to the real impact of GenAI, they explore how insurers are leveraging technology, the challenges of turning data into action, and what the next decade of insurtech innovation could bring.

In this episode, Denise Garth is joined by David Gritz, Managing Director of InsurTech New York, to delve into the rise of MGAs and the groundbreaking "market-makers" shaping the industry. Together, they explore recent research on MGA priorities, innovative products, and the pivotal role of technology. The conversation also covers the evolution of Insurtech, examining key players, investment trends, and how this new phase differs from the past decade. Plus, they discuss overlooked areas like flood and disability income insurance, and how innovation can revitalize these sectors. 

Denise Garth is joined by NextGen Underwriting’s CEO and Founder Jen Kyung to explore how insurers can navigate rising costs, shifting risks, and advancing technologies to enhance performance and innovation. They discuss transforming underwriting with AI and data-driven insights, building risk resilience to address complex challenges, and leveraging loss control technology to mitigate risk. Tune in to gain valuable insights on adapting to a world of growing risk! 

In this episode, Denise Garth and Jim MacMillan of Vantage Risk explore the dynamics of transformation versus building from the ground up, examining the key differences, challenges, and opportunities of each approach. They delve into strategies, business drivers, technology needs, and the implementation process involved in deciding whether to buy or build technology. The conversation also covers the evolution of data and analytics, the future of GenAI, and the importance of leadership and embracing failure as part of growth. Don't miss out on this insightful discussion!

Dive into the world of data with Denise Garth and Fenris Digital’s CEO and Founder Jennifer Linton! They’ll discuss the transformation of insurtech and key learnings, the challenges of “productized data,” the role of contributory databases, and the 3 layers of data usage: fill, predictive, and prescriptive. They’ll also explore the exciting future of our new AI ecosystem, the evolution of GenAI, and how to leverage its capabilities. Tune in to discover what’s next for Fenris Digital and the insurance industry!