Ep 16 - Dr. Philip Klotzbach, Meteorologist, Colorado State University
Release Date: 04/01/2019
Ep 255: We talk with the InsurTech Coalition
FNO: InsureTech
This week, Rob and Lee welcome an esteemed panel including four of the founding members of the InsurTech Coalition: Austin Bailey from Branch, Scott Fischer from Lemonade, Jeremy Dietch from Boost and Rachael Dugan from Indigo. Together, they talk about the mission of the InsurTech Coalition and benefits of membership, the Coalition’s aim to shape regulation through education and transparency, and how we can better use technology responsibly in insurance. Learn More: What You’ll Hear In This Episode: [5:10] The four guests introduce themselves and how they got...
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Ep 254: Ali Azhar, Chief Business Development Officer at HOVER
FNO: InsureTech
This week, Rob and Lee welcome Ali Azhar, Chief Business Development Officer at HOVER to discuss the company's growth and innovations. Ali talks about leading the charge to work on the current verticals in construction, insurance and moving into new verticals. He discusses HOVER's journey from 2018 and all the changes that have occurred since then. Ali also shares insights into HOVER's commitment to hiring top talent and how artificial intelligence has shaped the company since its early days and their vision for the future through emerging technologies. Learn More: What...
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Ep 253: Founder of CQCS, Gustavo Doria Filho
FNO: InsureTech
Rob and Lee start with some T-shirt talk before welcoming guest Gustavo Doria Filho, Founder of CQCS. What began as an online network for insurance professionals in Brazil has flourished into a global community of over 100,000 subscribers. In the episode, Gustavo shares the journey of founding CQCS and highlights the vibrant landscape of insurance and innovation in Brazil, offering insights that resonate far beyond its borders. He talks about how Brazil's thriving InsurTech ecosystem is shaping the future of the industry worldwide and what we can expect from future events and opportunities....
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Ep 252: CEO and Co-Founder of REOR20, Danny Chatziprodromou
FNO: InsureTech
Rob and Lee chat about their recent trip to London and then welcome Danny Chatziprodromou, CEO and Co-Founder of REOR20. Danny talks about how REOR20 is applying AI to revolutionize flood risk assessment and underwriting, and how the innovative technology could transform the flood insurance industry. He details more about how their physics-based AI model is one of a kind and provides more accurate risk predictions, allowing for a transformative solution for engineering-focused underwriting. Learn More: What You’ll Hear In This Episode: [7:24] Danny explains more about the...
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Ep 251: CEO and Founder of LeakSentinel, Bill Loesch
FNO: InsureTech
Rob and Lee welcome Bill Loesch, Founder and CEO of LeakSentinel, to discuss tackling the challenging problem of home water leak detection. As a serial entrepreneur with decades of experience in Silicon Valley, Bill saw an opportunity to innovate in this space and develop a lower-cost solution compared to existing cut-the-pipe technologies. In the episode, Bill talks about Leak Sentinel's approach, which involved years of prototyping to create a proof of concept device that can automatically detect water flow acoustically and shut off valves for both common types of home water pipes. He also...
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Ep 250: CEO of InsTech, Matthew Grant
FNO: InsureTech
Rob and Lee take it internationally this week as they welcome Matthew Grant, CEO of InsTech. Matthew talks about InsTech’s ability to help insurance companies understand real trends related to technology and innovation while looking for technology companies that can provide solutions to make a real difference for insurers. He discusses how the events and community have grown and expanded over time, along with the benefits and criteria for membership. Matthew also touches upon the cultural nuances in the insurtech industry in London, including Lloyd of London’s history and function as a...
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Ep 249: Co-Founder and CEO of Whisker Labs, Bob Marshall
FNO: InsureTech
Rob and Lee welcome in Bob Marshall, Co-Founder and CEO of Whisker Labs. Bob talks about their flagship solution, Ting, which draws on decades of electromagnetic and atmospheric sensor technology to protect communities and prevent electrical fires, while also monitoring the resiliency and safety of the U.S. electrical grid. Bob shares more about the many ways Ting is taking the relationship with insurers to a new level while also gaining valuable insights. He highlights some real case studies where Ting has helped to save homes, and explains the rewarding impact of their work. ...
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Ep 248: Co-Founder and President of Chrp Technologies, Chin Ma
FNO: InsureTech
This episode features Chin Ma, Co-Founder and President at Chrp Technologies, a fascinating technology that allows underwriters insight into the home of the insured and to reduce losses. Chin talks about how Chrp was created and explains how the technology helps to underwrite accurately and get the insured involved in the process, providing help where it’s needed. Learn More: What You’ll Hear In This Episode: [6:40] What is Chrp, and how did they build the technology? [9:32] What was the problem that Chin’s partner and Chrp founder Micah set out to...
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Ep 247: CEO and Co-Founder of SnapRefund, Cody Eddings
FNO: InsureTech
Rob and Lee are joined by Cody Eddings, CEO and Co-Founder of SnapRefund. Cody first shares the story of founding SnapRefund in Philadelphia and taking the company through accelerators like TechStars. Cody also reflects on the validation of winning the State Farm pitch competition at ITC, and details how SnapRefund’s technology works to streamline and simplify the insurance claims process through automation and digital payments. Learn More: What You’ll Hear In This Episode: [9:29] Cody shares the origin behind SnapRefund. [9:48] The growing startup scene in...
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Ep 246: CEO and Founder of Charlee.AI, Sri Ramaswamy
FNO: InsureTech
It’s all about AI this week as Rob and Lee welcome Sri Ramaswamy, Founder and CEO of Charlee.AI. Sri talks about her journey into artificial intelligence, and how it’s evolved over the course of a decade and growing interest in AI within the industry. She shares more about the capabilities of Charlee, a trained model for insurance, and highlights the significance of using data in the right way to get accurate results. Sri talks more about Charlee’s technology and how it can help identify and prioritize fraudulent claims. Learn More: What You’ll Hear In This Episode:...
info_outline“In 2019, the chance for a weak to moderate El Niño is definitely on the table.” - Dr. Philip Klotzbach
(click to tweet)
Sandy, Katrina, Dennis—these are the names of catastrophic storms that devastated millions of people and left billions of dollars in damages.
Hurricanes are sure to happen, but how can our increasing knowledge and advancing technologies help us better predict their behaviors?
On today’s episode of FNO: InsureTech—we are joined by Dr. Philip Klotzbach to discuss all things related to hurricanes. Phil Klotzbach is a Research Scientist in the Department of Atmospheric Science at Colorado State University, and among many achievements—he developed the two-week forecasts currently being issued during the peak months of the hurricane season between August-October. He has published over two dozen articles in peer-reviewed journals such as Journal of Climate and Weather and Forecasting.
Tune in to this episode to hear Dr. Philip Klotzbach’s insights, so you can better understand the trends and science of hurricanes.
“With forecasting, you learn a lot more when you bust than when you have a good forecast.” - Dr. Philip Klotzbach
(click to tweet)
The FNO: Tips
- Large-scale signals in the atmosphere and in the ocean can predict hurricanes
- El Niño is warmer than normal temperature in the central/tropical Pacific
- The higher damage done by hurricanes is largely because more people are living on the coast
- Due to technological inadequacies, much of the storm-tracking data from the past isn’t reliable
- Tropical cyclones’ primary fuel source is warm ocean water, whereas mid-latitude cyclones thrive off the gradient of temperature
- Especially in the Gulf of Mexico, hurricane storms can appear out of nowhere
- The number of systems coming off the coast of Africa doesn’t change year-to-year (around 60-70)
- The more southern the storm is coming off Africa, the worse the damage will be
- Vegetation in the chaparral climate is designed to burn
Resources
Fourseventy Claim Management