Investor in early-stage InsurTech startups. 16+ years experience in Property/Casualty insurance as an actuary and product leader. Instructor for over 4,500 actuarial students. World traveler (65+ countries) and occasional speaker/writer.
2018, Vietnam Actuarial Seminar, Determining the Ultimate Cost of General Insurance Claims, Hanoi, Vietnam.
2018, Vietnam Actuarial Seminar, Deeper Insights through Predictive Modeling, Hanoi, Vietnam.
2017, CAS Ratemaking & Product Management Seminar, Large Account Pricing Workshop, CAS, Chicago, IL.
2016, CAS Ratemaking & Product Management Seminar, Large Account Pricing Workshop, Orlando, FL.
2014, CAS Ratemaking & Product Management Seminar, Large Account Pricing Workshop, Washington D.C.
Is 'on-demand' insurance right for you?
Some insurers allow coverage to be “on-demand,” that is, turned on and off at any time. Who will benefit the most from on-demand insurance?
UBI Insurance Is Not Usage-Based. Sorry, Not Sorry!
Global insurance telematics best practices have generated more value through claim cost reduction, changes in driver behavior and a self-selection effect than through pricing, Director Matteo Carbone and Casualty Actuary Josh Taub report, basing the conclusion on the experience of the IoT Insurance Observatory. Noting that a CAS survey finding that a key reason for customer reluctance about usage-based insurance is the absence of a single stable price, the authors review telematics-based insurance approaches that have been more successful than UBI globally.
We believe tech startups have the potential to significantly improve the insurance experience for underserved customers and capture a multi-billion dollar market.