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🎙️ #insurtechtalk, Episode 136 (full episode)Dan Woods, CEO of Socotra, discusses the impact of AI on Insurance Core Systems, particularly on policy administration.Chapters:0:00 Tradition of the gong2:55 Team dynamics and sales culture6:12 Socotra8:50 The evolution of the policy administration systems11:30 The importance of data models in insurance14:35 Navigating regulatory challenges in insurance17:27 Innovation in product configuration20:19 Reflections on 11 years in insurance23:10 Limitations of legacy core systems25:15 Understanding software and its usability29:50 Remote work38:14 The future of AI in insurancehttps://www.socotra.comhttps://www.linkedin.com/in/danwoods1/