Today’s guest is an amazing person with an incredibly interesting story to tell.
After 10 years in the British military and distinguished service in Iraq, Forbes McKenzie was determined to apply the skills he had learned in military intelligence in the civilian world.
A decade and lots of hard work later, McKenzie Intelligence Services (MIS) is bringing real-time intelligence to bear on natural disasters and manmade events alike and has won a major tender to provide its services across the Lloyd’s market.
As Forbes describes in the podcast, users of the firm’s GEO platform are improving reserving estimates by 93%, cutting claims overheads by 40% and this is making an average 2 percentage point improvement to loss ratios.
Here we talk about the art of blending multiple data sources to provide insights that insurers can use instantly.
But because this is such a cutting-edge business we get to look into the future and a world of really smart, really focused artificial intelligence, instant straight through claims payments, hugely expanded parametric insurance and the future of exposure management.
Forbes is excellent company and has a great way of turning complicated ideas into simple and understandable insights that you can use to improve the way you go about your business today.
LINKS:
Mckenzie Intelligence Services (MIS)
https://www.mckenzieintelligence.co.uk/
LinkedIn
https://www.linkedin.com/company/mckenzie-intelligence-services-ltd
Twitter: @McKenzie_Int
Forbes McKenzie LinkedIn:
(Connect and ask him how he came to be mentioned in dispatches in Iraq)
https://uk.linkedin.com/in/forbes-mckenzie-904a4842
Twitter: @forbesmckenzie
Ep 50 John Neal: Putting the Lloyd's halo back in place
Ep 49 Tim Turner: This is not a re-run of 85-86
Commonwealth Insurance Forum Special Episode 1: Insuring high-growth emerging markets with Inga Beale and Lesley Ndlovu
Ep 48 D&O: The hardest market of all time with David Ritchie of Gallagher UK
Ep 47 Pat Ryan: Build a business people are proud to work for
Ep 46 The Best Market for a Decade: David Croom-Johnson MD Aegis London
Ep 45 Selling certainty, with Stefan Golling Chief Underwriter Munich Re
Ep 44 Juan Andrade of Everest Re: An Underwriter’s market
Ep 43 Swimming as the tide goes out, with Laurent Rousseau Deputy CEO of Scor Global P&C
Ep 42 Coverholders in a box: Stephen Card of Carbon Underwriting
Ep 41 A Great Time to be an Underwriter. With Tim Carter CUO of Argo Group
Ep 40 Rule your niche with Andrew Robinson of HIIG
Ep 39 Slaying the myths of Legacy with Tom Booth of Darag
Ep 38 The future of insurance is now, with Stephen Brittain of the Insurtech Gateway
Ep 37 Capital Masterclass with Vicky Carter of Guy Carpenter
Ep 36 Howden plans with José Manuel González and Barnaby Rugge-Price
Ep 35 Re-shaping Aspen with Mark Cloutier
Ep 34 Worldwide ambition with Mike Reynolds of Oneglobal
Ep 33 Seizing a golden opportunity with Franz-Josef Hahn of Peak Re
Ep 32 The mid-year renewals with James Vickers, Chair of Willis Re International
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