Making Driving Safer by Measuring More of the Risk with Carey Anne Nadeau from Ometry

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INTRO

On episode 19 of the InsurTech Geek Podcast, talking about Making Driving Safer by Measuring More of the Risk with Carey-Anne Nadeau from Ometry.

The InsureTechGeek Podcast powered by JBKnowledge is all about technology that is transforming and disrupting the insurance world. We will be interviewing guests and doing deep dives into specific technologies we see changing the industry. We are taking you on a journey through insurance tech. So, enjoy the ride and geek out!

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INTERVIEW

JAMES: Another week, another week in the books. Man, what a time it has been. It has been a little bit of a busy time. We have gotten these hard markets out there now in insurance and premium dollars are going up. I was running some quotes the other day, Rob, and premiums are going up into the roof right now.

ROB: Sorry. It is good for our industry.

JAMES: Yes, exactly. That is interesting. There is market's dropping out. It is interesting. I am a pilot. So, I was running some aviation policy quotes and three markets dropped out this year out of aviation in insurance. There were only 12, so it is not like there is a lot of markets that write aviation anyway. And so, the markets, they are hardening up. Premiums are up 30 to 40% just over in aviation. And, certainly seeing some harder markets and comp and general liability, and it is happening quickly. So, some crazy stuff and stock market is doing some crazy things, right? It almost feels like it is disconnected from reality at some point. It is kind of a wild time, but with us from the hot seat from the hot bed of activity, Washington, DC, where it seems like everything happens every day.

It is almost liked an episode if you remember the show Baywatch where like, they would have like a shark attack, and then there would be like a lost kid, and there would be like something else, like something three really bad things, or like Grey's anatomy. That was probably a better modern analogy. You know, you can great, Carey-Anne, you know what, and Grey's anatomy like, just like, three really bad things happened every day. It feels like Washington DC for the last few years has been an episode of Grey's anatomy every day.

CAREY-ANNE: Yes. It feels like I am on the front lines of a few fights. That is for sure

JAMES: I know it is wild. So, our listeners have gotten somewhat used to this. This is a tech show. So, we are going to stick to tech, and we are going to talk about InsureTech, insurance, and technology. We will have a little bit of policy discussion towards the end of the show today. We know you guys have certainly had your fill of policy talks on data, all the TV shows, and news media in Britain media, so, we are going to give you a bit of a tech breaking. We are going to talk about policy at the end, but we got Carey-Anne Nadeau here and we are going to talk all about telematics and all kinds of fun, super geeky topics here in just a minute.

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Connect with Carey Anne Nadeau