Everyone’s talking about going “data-first,” but what does that really mean for reinsurance? Jerad and Tom unpack the buzzword to reveal what true data-first transformation looks like, why it’s so hard to achieve, and how the industry can move from duct-taped legacy systems to meaningful digital change.
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OUTLINE & TIMESTAMPS:00:00 Intro01:10 Intersection of Tech and Reinsurance03:00 InsurTech vs FinTech: How the Sectors Split05:20 The Three Camps of InsurTech07:30 How Early Tech Investments Created Complexity09:45 Why Reinsurance is Harder to Digitise12:15 The Myth of Being “Data First”15:00 The Problem of Industry Adoption18:40 Network Effects & The Reinsurance Flywheel21:00 The Data-First Future