Robin Gilthorpe

Excited to share a recent podcast I did with Vertafore on the topic of digitization and digital transformation for MGAs in the P&C insurance industry. We discussed the trends shaping the future of MGA business and how technology like IMS and Netrate by MGA Systems powered by Vertafore can drive operational efficiency and improve customer experiences. In a world where the insurance landscape is evolving rapidly, it’s crucial to stay ahead by embracing the right solutions for growth and agility. Check out the conversation here: [https://lnkd.in/eXhG-tP3) A big thank you to Vertafore for making this podcast happen! Would love to hear your thoughts on the future of digital transformation in the insurance sector! #DigitalTransformation #MGASolutions #InsuranceTechnology #InsurTech #Vertafore #IMS #Netrate #OperationalEfficiency #CustomerExperience #InsuranceInnovation #FutureOfInsurance #InsuranceDigitization

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Frustrated with the lengthy annual planning process, only to see your plans quickly become outdated? Join industry experts at Apptio, QBE Insurance, and Rego Consulting to hear actionable strategies to transform your technology planning for 2025: https://bit.ly/3TpDbaK

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At the recent ITC Vegas, Manit Labs launched its Dashboard for Underwriters – a powerful AI-driven tool that transforms how insurers tackle complex risks. Real-time insights, smarter decisions, and faster risk assessments are now at your fingertips. Ready to unlock the future of underwriting? Let’s connect! #Insurtech #AI #Underwriting #Innovation #ITCVegas #ManitLabs #DashboardforUnderwriters #InsuranceTechnology #RealTimePerformance #RiskAssessments #RiskEnvironment FF News | Fintech Finance

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In an era of rapid technological advancement and shifting consumer expectations, auto dealership executives must recognize the critical importance of adopting a long-term, iterative approach to data management, governance, and security. This strategic shift is not merely a matter of implementing new software; it's about fostering a comprehensive mindset that will position dealerships to excel in the increasingly competitive retail auto industry over the next three years and beyond. Great insight here, Tim Hayden. #automotive #autodealers #autodealerships #datamanagement #datagovernance #cybersecurity #braintrustpartners

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📢 Cloverleaf is honored to sponsor Guidewire Connections 2024! Meet with Robert Clark and Michael Schwabrow to learn how insurers can benefit from the new Cloverleaf V.4.0 and Guidewire. Meet our team at Booth PS-B5 to see how Cloverleaf can empower insurers using Guidewire to: - Inspect What You Expect: With Cloverleaf GenBI any user can enter a simple query about internal and MGA operations and receive instant quality results without having to ask data scientists for help. -Predict the Future: Cloverleaf insurance insights empower carriers to anticipate customer needs and provide personalized experiences, ultimately boosting satisfaction and fostering long-lasting relationships. -Prevent the Avoidable: Advanced insurance data analytics support carriers in creating modern, personalized, and competitively priced insurance products that address new risks facing the insured. Get 2025 off to a great start by strengthening your insurance data analytics strategies, technology, and operations with Cloverleaf and Guidewire! #insurancedata #insuranceanalytics #GuidewireConnections #insurance #insuranceinnovation

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How does Kalepa's Copilot help insurers grow their books by +30%? ✅Directing underwriters toward the risks most likely to bind ✅Flagging out-of-appetite submissions, so underwriters don't waste their time ✅Accelerating the submission intake process to minutes - not hours (or days!) ✅Highlighting the key facts and exposures on every submission, so underwriters know where to focus ✅Recommending terms that lead to more (and more profitable) binders ✅Aggregating information across submission documents and thousands of data sources, so underwriters can increase their throughput dramatically ✅Enhancing producer relationships with correspondence upgrades, proactive flags for incomplete submissions, and producer-specific analytics ✅And much, much more Want to see how an end-to-end underwriting Copilot can help with your book growth? Set up time at the link in the comments 👇

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Delighted to see Ascot Group recognised as a 2024 Innovation Award winner for their work on an AI assisted underwriting tool that is dramatically reducing their time to assess risk. Helping underwriters to better understand and price risk is a huge focus for the industry, and enabling underwriters to be more efficient in dealing with submissions and therefore focus on those submissions that are most relevant to that insurer is hugely valuable. Can’t wait to see the innovation inspired by our customers and partners in the year ahead, because pace of change, and pace of innovation, is only going to accelerate.

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Supporting Accurate Underwriting: We’re excited to spotlight the CoreLogic® Residential Valuation™ Accelerator for Guidewire Software PolicyCenter – helping insurers speed up quoting and underwriting with precision property data. Top Features: - Real-Time Valuations: Quickly calculate and renew reconstruction costs - Seamless Access: Move smoothly between PolicyCenter and the RCT platform - Built-in User Management: Streamlines new user creation from PolicyCenter Stop by at #GuidewireConnections to see how our Residential Valuation Accelerator is driving smarter underwriting decisions. It’s all about efficiency and accuracy! #CoreLogic #Guidewire #ResidentialValuation #Underwriting #InsuranceSolutions #InsurTech #RiskManagement

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A huge thank you to our Platinum Sponsor ServiceNow, for their generous support of LTIMindtree's 2024 Insurance Leadership Forum! Your partnership plays a key role in driving innovation and leadership in the insurance industry. At this year’s forum, we're not just shaping the future of insurance—we're powering it with the incredible potential of AI. The synergy between our businesses and the cutting-edge solutions we’re co-creating will transform the way we operate, pushing the boundaries of what’s possible. Hold on tight, because with AI, the future of insurance isn’t just bright—it’s limitless! #ILF2024 #InsuranceInnovation #ServiceNow #AI #InsurTech #FutureOfInsurance

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Outdated and incomplete data will cost the insurance industry $85 billion to $160 billion in the next three years. Using AI for underwriting can help address this problem, writes Mikhail Grishin, CEO, MANIT LLC. “The biggest challenge to underwriters is how to utilize and access structured and unstructured data collected through various sources such as financial reports, social media, telematics, IoT and third-party databases,” Grishin writes. “Despite the vast amount of data available, underwriters are often than not overwhelmed by the sheer volume and complexity of information, which could lead to analysis paralysis.” https://bit.ly/40lynaA #insurtech #AI #insurancedata

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Look forward to this session! the always-critical decision on: "build vs buy"...Unless you're a deep tech native company....IMHO 90% of the time corporations should buy because you can: 1. Leverage deep expertise of the technology provider  2. Quickly deploy and utilize features tailored to common business needs 3. Cost-effectiveness and lower initial investment 4. Benefit from tech provider's proven track record with a history of successful implementation

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Catch Majesco's Denise Garth on AM Best TV as she shares insights on how rethinking technology and business models can drive down costs and boost efficiency. Watch the full interview now! 👉https://ow.ly/B0S050U2uFL #InsurTech #Insurance #Technology #Innovation #Majesco #LeadershipInsights #AMBest #InsuranceTrends

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Can Reciprocal Insurance Exchanges (RIE) change the game for insurtech valuations? Clearcover recently launched an RIE—a move that largely went unnoticed but shouldn’t be overlooked. For insurtechs frustrated with the MGA model, this should be a big deal. While reciprocals are an old concept, they’re making a comeback for good reason. Unlike the carrier/MGA model, the Attorney-in-Fact (AIF) in a reciprocal isn’t exposed to balance sheet risk, which investors like and reward with higher valuations. Think of a reciprocal like a mutual fund—owned by policyholders but managed by an AIF, which oversees operations in exchange for a percentage of the premiums. (Read Sean Harper's post at Kin Insurance) This model has proven to be successful, with over 60 reciprocal exchanges in the U.S., including top carriers such as Farmers Insurance, USAA, Erie Insurance Group (Market Cap of $21B), and PURE Insurance (acquired by Tokio Marine Group for $3B). The surplus and capital of these exchanges are generally contributed by policyholders, which helps align their interests with those managing the risk. Insurtechs like Kin Insurance and Branch have already embraced this model, and I believe more insurtechs should take note. Reciprocals could be a key strategy to unlocking higher valuations and sustainable growth. 👏 Congrats to Clearcover and Kyle Nakatsuji on the launch!

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Learn more about balancing operational efficiency and customer experience in this insightful webinar!

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Wondering about the practical applications of generative AI in insurance? Verisk CEO Lee Shavel shares how AI can support decision-making, summarizing files, and prioritizing underwriting: https://vrsk.co/43Yf1bj How are you using AI? Let us know in the comments! #GenerativeAI #AI #Insurance #VeriskLeadership #Underwriting

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What's the return on investment? Any carrier considering new insurtech needs the answer to this question. CLARA CEO Heather H. Wilson provides examples of how CLARA delivers ROI throughout the claims lifecycle. 🎥 Video courtesy of InsureTech Connect. #augmentedintelligence #AI #generativeai #claimsmanagement #riskmanagement

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Join Andrew Schwartz, Senior Insurance Analyst, and host Rob Savitsky in an episode of Duck Creek Technologies' Conversations on the Creek podcast as they discuss the use of generative AI and advanced analytics in insurance claims management. Gain valuable insights into the latest regulatory developments, including expectations outlined in the NAIC Model Bulletin regarding AI utilization by insurance companies. Tune in now > https://bit.ly/3wHpags #insurance #GenAI #ClaimsManagement

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🚗🚙 Milliman Appleseed has teamed up with CARFAX for Insurersto get CARFAX Vehicle Risk Scores to market more quickly. Using a score filed through Milliman Appleseed reduces regulatory risk and can be a more efficient process for insurtechs, insurers, and state regulators. #Milliman #CARFAX #insurance #carinsurance

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