The Future of Insurance Podcast – Adam Denninger
Global Industry Leader for Insurance, Capgemini
Season 6, Episode 10, August 6, 2024
Guest Bio
Adam Denninger leads Capgemini’s global strategy for the insurance industry and manages its relationships with the insurance technology ecosystem. Adam has 20+ years’ experience creating and delivering solutions at the intersection of business and technology.
He joins the show to share some of the perspective in their World Property and Casualty Insurance Report for 2024.
Highlights from the Show
- A focus Adam shared is the idea of being effective in underwriting
- This is a combination of accuracy and speed
- That’s about getting better data and being able to act on it faster than we have in the past
- To achieve speed, it requires changing the entire process for evaluating underwriting performance, changing risk factors and inputs, and changing products rapidly
- Making this change is like doing open heart surgery on a patient who is actively living their life rather than being anesthetized on an OR table
- A major theme of Capgemini’s research is the confluence of rapidly changing macro factors impacting losses
- While each factor may have moved like this before, we haven’t had so many factors moving at the same time to such an extent and at such speed
- Adam believes the industry needs to come together to create accurate, easily-accessed data sources for common things we all need, like natural perils
- Download Capgemini’s World Property and Casualty Insurance Report 2024
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Thank you to our sponsor
This episode is brought to you by The Future of Auto Insurance: Connected, Embedded, Subscribed, which you can download for free today, thanks to support from Guidewire.
This report is part of The Future of Insurance book series, available globally from Amazon in print, Kindle and Audible audiobook.
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