Deepak Badoni, President & Co-founder: EigenRisk Inc.: Complex catastrophe analytics made simple (312)

InsTech - insurance & innovation with Matthew Grant

21-07-2024 • 25 mins

Ahead of our next July evening event in London, Matthew Grant caught up with Deepak Badoni, President and Co-founder of EigenRisk Inc - a one-stop shop platform for the industry to bring all the catastrophe risk analytics in one place.

Join Matthew and Deepak as they discuss the role of technology platforms in simplifying catastrophe risk analysis for underwriters amid the start of the hurricane season. Deepak shares his journey of founding EigenRisk Inc., the challenges of building a one-stop platform for catastrophe risk analytics, the importance of simplicity in complex modeling, and the growing preference for buying technology solutions over building in-house.

Key talking points:

  • The start of EigenRisk - a one stop shop platform for the industry to bring all the catastrophe risk analytics in one place
  • Building v buying - where do insurers stand?
  • A solution for the entire industry
  • Differences between building a product and building a business
  • Finding the right modelers for the platform - the value of partnering
  • A Costco for data
  • See Deepak in London for ‘Climate and property blind spots revealed: making the right decision at the right time

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:

  • Describe the importance of customer feedback and SaaS models
  • Specify methods for simplifying catastrophe risk management
  • Identify how to building partnerships and integrating data successfully

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 312 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.

To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.