#17 - Dickie Whitaker: Loss Modelling, Innovation, & Open-Source Reinsurance Software

This week we’re joined by Dickie Whitaker, chief executive at Oasis Loss Modelling Framework, an open-source catastrophe modelling platform. The guys discuss Dickie’s introduction to the world of reinsurance, what drove him to build a non-profit organisation in the space, and the complexities of modelling complex risk. We also discover that Dickie knows multiple people who own trebuchets, a risk we price for in the game segment. EPISODE LINKS: Dickie's LinkedIn: https://www.linkedin.com/in/dickie-whitaker-671963 Oasis Loss Modelling Framework: https://oasislmf.org 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 00:38 Dickie’s Background & Introduction to Reinsurance 01:55 What Is Catastrophe Modelling? 03:57 How Technology & Data Changes Risk 07:27 Oasis Loss Modelling Framework 10:13 Democratising Reinsurance Technology 12:50 Open-Source Modelling 16:14 Talent Within Reinsurance 18:31 Advanced in Modelling Technology 21:15 How Modelling Works 23:41 Models Matching Markets 27:30 Entrepreneurship in (Re)Insurance 32:42 Price It: Food Poisoning 34:33 Price It: Trebuchet Firing in France