#27 - Robin Merttens: InsTech, Industry Challenges, & Innovation

Jerad and Ben sit down this week with Robin Merttens, Chairman of InsTech, one of the largest global networks dedicated to driving innovation in insurance, risk management, data, analytics and insurtech startups. The guys discuss all things insurance technology, how marketplaces and exchanges facilitate new ideas, and some of the biggest challenges facing practitioners today. And no episode would be complete without an analogy battle! EPISODE LINKS: Robin's LinkedIn: https://www.linkedin.com/in/robinmerttens/ InsTech: https://www.instech.co/ Marketplaces & Exchanges Report: 10 ways they are reshaping insurance : https://www.instech.co/civicrm/contribute/transact?reset=1&id=27 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 (01:03) Robin’s Foray into Insurance Technology (03:10) What Is a Platform? (06:02) The Evolution of Technology (07:37) RI3K (10:05) Challenges of Digital Risk (13:56) Documents Vs. Data (16:16) Difficulties of Industry Consensus (18:05) The B3i Blockchain Initiative (22:10) InsTech: Collaboration & Partnerships (24:12) InsTech Marketplace & Exchanges Report (29:38) The Implications of Successful Marketplaces (32:38) Driving Innovation (36:10) Analogy Battle: Insurtech (41:25) Insurtech Exchange Benefits to the End Consumer