We’re joined this week by Tom Draper, Head of Insurance at Coalition. Jerad and our guest co-host Tom Spier (who also happens to be Supercede’s in-house cyber expert) discuss how companies in cyber markets can protect against heavy capital demands, responding to market cycles, and the benefits and disadvantages of AI.
EPISODE LINKS:
Tom's Linkedin: https://www.linkedin.com/in/thomas-draper
Coalition's Linkedin Page: https://www.linkedin.com/company/coalitioninc
Coalition Website: https://www.coalitioninc.com
Luther: https://www.luther.co.uk
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: producer@thereinsurancepodcast.com
OUTLINE & TIMESTAMPS:
(00:00) Intro
(00:40) Tom’s Early Career
(02:19) Head of Insurance Explained
(04:18) Product Evolution at Coalition
(05:48) Protecting Against Capital Demands
(10:05) Responding to Hardening Market Conditions
(11:58) Issues With Cyber Cat Modelling
(18:45) Sales Approaches for Cyber Security
(20:50) Protecting People Globally
(22:58) What’s Next for Coalition’s Expansion?
(25:06) Proactively Preventing Exploits
(28:41) Lloyd’s War Exclusion
(36:19) Benefits & Limitations of AI & ChatGPT
(44:14) What Will Happen In the Upcoming Renewals?
