Martin Reith, Chairman: Artificial Labs: Martin’s market musings - some lead and others follow (318)

InsTech - insurance & innovation with Matthew Grant

Next month, Martin Reith will mark 40 years in the London Market. As he approaches this significant milestone, we sat down with him to discuss his journey into the industry, his most notable achievements, his decision to become Chairman of Artificial Labs, and his thoughts on the challenges of modernising the London Market. We also explored his strong advocacy for algorithms and the advice he has for the next generation of industry leaders.

Key talking points:

• Starting 40 years ago
• Founding Ascot Underwriting and receiving backing from AIG
• What has gone well in the Lloyd’s Market and what can be improved?
• Is there a good time to invest in technology
• Smart Follow - a term often misunderstood
• The world of algorithms
• Martin’s advice for anyone thinking about entering the Marketplace
• The London Market - it works on people

If you like what you’re hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.

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Continuing Professional Development

This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.

By the end of this podcast, you should be able to meet the following Learning Objectives:

• Explain what Smart Follow is in the context of insurance
• Identify ways in which the London Market place can take advantage of innovation
• Summarise what an algorithm is and how it can be implemented in insurance

If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 318 page of the InsTech website or email [e-mail] to let us know you have listened to this podcast.

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