#48 - Hard Market Underwriting: Balancing Risk & Return

The reinsurance experts delve into how underwriting changes during hard markets, the potential for real-time responsiveness for premium calculation, and how the quality of data, and new sources of information, will change the way reinsurance operates. The guys start off strong this week with two of our favourite games, Frisk Risk and Price It! 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: [email protected] OUTLINE & TIMESTAMPS: (00:00) Intro (01:32) Frisk Risk Game: Insuring Love & Romance (06:32) Price It Game: Marriage, Affairs, & Divorce (09:45) Data Algorithms & Predictive Analytics (11:17) Influencing Behaviour Through Insurance Data (14:54) Real-time Responsiveness for Premium Calculation (16:30) How Cedents Can Differentiate for Better Reinsurance Pricing (19:32) Dynamic Alignment With Books of Business & Shorter Renewal Cycles (22:40) New Sources of Underlying Industry Data (23:33) Smarter Ways of Aggregating & Interrogating Insurance Data (26:41) Efficiencies Through Increased Access to & Manipulation of Information (29:36) Choosing the Right Partners (30:45) The Proposition of Full Stack Insurtechs