James Orchard, CEO: QBE Ventures: Driving strategic value through corporate ventures (285)

InsTech - insurance & innovation with Matthew Grant

Jan 21 2024 • 42 mins

This week James Orchard, CEO of QBE Ventures, joins the podcast and discusses the shift in insurers' appetite for innovation, partnerships with startups, and the importance of collaboration in achieving strategic goals.

The conversation covers how QBE Ventures is making strides in data and AI, resilience, and growth in emerging markets, with interesting prospects for cyber coverage and embedded insurance. James also reveals his predictions for 2024, foreseeing consolidation and challenges in investment as well as a focus on AI and strategic partnerships.

An immensely packed episode, for everyone curious about how investing and insurance intersect.

Key talking points:

  • Exploring QBE Ventures and its investment strategy
  • The strategy and focus of QBE Ventures
  • The challenges and opportunities in the insurtech space
  • How QBE can become a start-up partner
  • Using AI for resilience
  • What QBE looks for - the culture of collaboration
  • Coalition of the willing
  • Predictions and expectations for 2024 in insurtech

As well as hearing about QBE Venures, Matthew and James touch on innovation from Cytora, Sixfold, CGG, GeoSmart Information, Tensorflight, Geosite, Beazley, Chaucer, Tokio Marine, hyperexponential, The Demex Group, and Clara Analytics.

To listen to Cytora's podcast with Andrew Horton, QBE Insurance's Group CEO, click here.

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:

  • Specify the potential developments and challenges the insurtech community will face in 2024
  • Define what resilience can mean to a company from a strategic perspective, and how investors can help support this
  • Identify what traits an investor looks for in a company

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 285 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.