The Reinsurance Podcast

This week Jerad and Ben dive into the inefficiencies of the reinsurance market, the lack of technological modernisation compared with other industries, and the host of practitioner frustrations. We want to address the question: is the industry broken? This episode is analogy galore - we explain all manner of concepts with strange and wild comparisons. 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: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:55) “Reinsurance Is Broken” (03:00) The Need to Modernise (05:30) Practitioner Frustrations (10:07) The Element of Customer Experience (12:50) Technology & Automation to Support Reinsurance (15:31) Improving the Speed of Reinsurance Purchasing (19:20) Progress vs. the Status Quo (23:06) The Blasé Nature of Reinsurance Costs (25:32) Analogy Battle: Is the Reinsurance Industry Broken?

Meet the co-founders of Supercede who reveal their history within reinsurance, the issues they faced working as underwriters and brokers, and why they decided to create Supercede. 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 06:00 - Jerad’s reinsurance history 07:06 - Ben’s transition from music to reinsurance 09:49 - Innovating in a relationship-driven industry 15:15 - Leveraging the internet for reinsurance 17:50 - Why Jerad loves reinsurance 21:09 - Does Ben’s love for reinsurance match Jerad’s? 22:52 - Deal making, contracts, and bespoke solutions 25:14 - What is Supercede?

Jerod Blakestad, co-founder of Monoline, reveals how a tech-driven approach is revolutionising personal umbrella insurance. Learn how newer platforms are simplifying complex processes, empowering brokers with time-saving tools, and leveraging data for long-term stability - all while keeping the human touch in client relationships. EPISODE LINKS: Jerod's LinkedIn: https://www.linkedin.com/in/jerod-blakestad-5572b628/ Monoline: https://www.monoline.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:19) Jerod’s Insurance Beginnings (03:26) Monoline Explained (09:32) Innovation & Competition (13:14) Building a Business (16:13) Boom in Wholesale & MGA (17:50) Growing an Insurtech (23:47) Technological Progression

Jonathan Roomer, co-founder of YuLife, reveals how the company is rethinking life insurance through dynamic pricing, gamification, and a focus on mental, physical, and financial wellbeing. Roomer explains how YuLife creates positive behavioural shifts, making life insurance engaging, accessible, and meaningful for all ages. EPISODE LINKS: Jonathan's LinkedIn: https://www.linkedin.com/in/jonathanroomer/ YuLife: https://yulife.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

We’re thrilled to welcome Frank Perkins, CEO of Inari, for a deep dive into the role of technology in reshaping reinsurance! Frank takes us through his journey from insurance challenges to tech solutions, sharing how Inari is transforming underwriting with a focus on user experience, automation, and smarter risk management. EPISODE LINKS: CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (01:47) Frank’s Insurance Beginnings (03:22) Journey to Inari  (09:10) Acquiring Clients & Product Refinement (12:32) What Is Inari? (20:11) Market Embracing Innovation (30:50) Future Projects & Aspirations (34:12) AI Hypecycle

Nikolas Brandau from Baden-Baden’s iconic Löwenbräu joins us for a special segment, sharing insights on the reinsurance conference’s impact on the town, the annual return of familiar faces, and the charm of Baden-Baden’s history, food, and, of course, German beer! EPISODE LINKS: Löwenbräu: https://loewenbraeu-baden-baden.de/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Eran & Kaz from Lockton Re’s join us to discuss the unique aspects of credit and financial risks, the growing demand for reinsurance capacity, and the industry’s readiness for disruption. EPISODE LINKS: Eran's LinkedIn: https://www.linkedin.com/in/eran-charit/ Kaz's LinkedIn: https://www.linkedin.com/in/kazlayton/ Lockton Re: https://global.lockton.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Anke and Rupert from ICEYE join us to share insights into the power of satellite data for real-time catastrophe monitoring, from floods to hurricanes, and exciting developments in rapid event response. EPISODE LINKS: Anke's LinkedIn: https://www.linkedin.com/in/anke-sielker-89690431/ Rupert's LinkedIn: https://www.linkedin.com/in/rupert-bidwell-3364752/ ICEYE: https://www.iceye.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Tobias Sonndorfer of VIG Re joins us in Baden-Baden, discussing the resilience of Central and Eastern Europe’s reinsurance markets, the growing importance of flood protection, and the industry’s evolving role amid climate change challenges. EPISODE LINKS: Tobias's LinkedIn: https://www.linkedin.com/in/tobias-sonndorfer/ VIG Re: https://www.vig-re.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

David Flandro of Howden Re joins us from Baden-Baden to discuss the critical importance of partnership, navigating new market challenges, and Howden Re’s innovative approach to client support. EPISODE LINKS: David's LinkedIn: https://www.linkedin.com/in/david-flandro-074813/ Howden Re: https://howdenre.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Vojtěch Toman from Synergy Reinsurance Services joins us to discuss the evolving reinsurance landscape in the Czech Republic, recent natural catastrophes, and the resilience of Central and Eastern European markets. EPISODE LINKS: Vojtěch's LinkedIn: https://www.linkedin.com/in/vojtech-toman/ Synergy Reinsurance Services: https://www.synergyre.eu/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Yörn Tatge & Bernhard Reinhardt of Verisk explore how data-driven modelling is transforming risk assessment and the industry's response to emerging challenges, such as climate change and exposure management. EPISODE LINKS: Yörn's LinkedIn: https://www.linkedin.com/in/y%C3%B6rn-tatge-4b339871/ Verisk: https://www.verisk.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Martin Špaček and Marek Goldbach of Aon delve into the evolving landscape of catastrophe modelling, sharing insights from floods in Europe to hurricanes in the U.S. They discuss how climate change impacts events like earthquakes and landslides, and how Aon leverages real-time data to support clients worldwide in an increasingly unpredictable risk environment. EPISODE LINKS: Martin's LinkedIn: https://www.linkedin.com/in/martin-%C5%A1pa%C4%8Dek-9954b6a7/ Marek's LinkedIn: https://www.linkedin.com/in/goldbachm/ Aon: https://www.aon.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Ben & Jerad run through what’s happened within the world of reinsurance during the past month. CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:25) Hurricanes & Pricing (04:00) European Risks (05:18) Cyber Events (06:11) Shift in Risk Climate (07:36) Challenges for Reinsurance

Vivek Bajaj of Moody's delves into the integration of RMS into Moody’s insurance strategy, discussing advances in climate-adjusted risk models and the future of cyber risk assessment. He shares insights from Baden-Baden on how Moody’s technology is enabling insurers to adapt to evolving challenges, from climate impacts to market trends. EPISODE LINKS: Vivek's LinkedIn: https://www.linkedin.com/in/vivekbajaj/ Moody's: https://www.moodys.com/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Jen Braney, Head of International Cyber at Gallagher Re, joins us from Baden-Baden to discuss the new frontier of cyber reinsurance. From the sector’s first market event at the conference to innovations in reinsurance structures and evolving risk management, Jen reveals how cyber resilience is reshaping the global reinsurance landscape. EPISODE LINKS: Jen's LinkedIn: https://www.linkedin.com/in/jennifer-braney-84b1912b/ Gallagher Re: https://www.ajg.com/gallagherre/ TIDE: https://www.ajg.com/gallagherre/-/media/files/gallagher/gallagherre/news-and-insights/2024/october/gallagherre-cyber-scanning-the-horizon-bitsight-report.pdf CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

Join us live from Baden-Baden, where industry veteran Tom Spier shares insider insights from one of Europe’s biggest reinsurance conferences. With topics ranging from the impact of U.S. catastrophes to the need for data transparency and robust partnerships, this episode dives deep into the complexities shaping the 1/1 reinsurance renewals. EPISODE LINKS: Tom's LinkedIn: https://www.linkedin.com/in/tomspier/ Supercede Whitepaper: https://supercede.com/reinsurance-insights-and-whitepapers/the-reinsurance-data-crisis CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠

In this episode, Fabian and Ulrich of Konzern Versicherungskammer (VKB) share their journey into the reinsurance world, explore the challenges of a hardening market, and reveal how VKB is innovating with cat bonds and embracing technology. They discuss the evolving role of ESG, the impact of inflation, and offer valuable insights on how to navigate the future of reinsurance with a mix of tradition and innovation. EPISODE LINKS: Fabian's LinkedIn: https://www.linkedin.com/in/fabian-mattejat-3957286a/ Ulrich's LinkedIn: https://www.linkedin.com/in/ulrich-mueller-516355211/ VKB: https://www.konzern-versicherungskammer.de/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (01:50) Career Beginnings (03:58) Reinsurance in Germany (05:46) VKB (08:04) Buying Reinsurance (09:08) Stability of the Market (10:29) Impact of Global Exposure (13:25) What to Track as a Reinsurance Team (15:17) Catastrophe Bonds in Reinsurance (21:40) How Reinsurance Buying Has Changed (25:08) What’s Missing in Reinsurance Data? (31:20) Geopolitics & Reinsurance (32:58) Technology, AI, & (Re)insurance (36:57) Insights Into Brokers & Reinsurers (38:37) Black Swan Risks (39:54) The German Market (45:57) Thoughts on the Year Ahead

Mervyn Skeet, Director of General Insurance Policy for the ABI, joins us to discuss the delicate balance between industry regulation, consumer needs, and insurer profitability. Learn how the ABI helps shape policy, navigate challenges like motor affordability, and address emerging risks, including the vital role of data and AI in the future of insurance. EPISODE LINKS: Mervyn's LinkedIn: https://www.linkedin.com/in/mervyn-skeet-26702696/ Association of British Insurers: https://www.abi.org.uk/ CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (01:01) The Journey Into Insurance (02:01) Association of British Insurers (03:43) Importance of ABI (04:59) Social Need Vs. Insurer Profitability (07:08) Managing Stakeholders (10:41) Attracting Reinsurance Capital (12:21) Growing Risk Areas (15:55) Data to Close the Coverage Gap (17:56) AI & Policy Conversations  (20:40) Siloed Systems in Insurance (22:09) Setting Standards  (24:15) Changing Risk Profiles (26:16) Insurance Careers (30:48) Are You Self-Insuring? (33:09) Communicating With the Market

In this special emergency episode, we dive deep into the unfolding disaster of Hurricane Milton in Florida. Ben and Jerad analyse the potential industry-shifting impact on the reinsurance market, discussing catastrophe modelling, economic losses, and what this means for the future of Florida’s insurance landscape. A critical listen for practitioners. CONNECT WITH US: Say Hello: ⁠producer@thereinsurancepodcast.com⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (02:50) Hurricane Size, Trajectory, & Uncertainty (04:33) Expected Losses (07:42) Affected Insurance Value Chain (12:44) Impact on Deals (14:42) Florida Struggles for Coverage (17:10) Claims Handling & the Retro Market (24:30) Modelling (27:55) Local Impact (29:30) Florida Hurricane Catastrophe Fund (33:10) Impact on Alternative Capital (35:35) Climate Change (39:12) Potential for Reneging on FoT