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Yaron Dycian
Yaron Dycian, the Chief Product & Strategy Officer for WINT - Water Intelligence, located in Israel. Learn how artificial intelligence and sensors and more combine to help solve the problem of stopping water leaks in their tracks for commercial companies. James and Yaron discuss how a desire to help solve the world's big problem of water shortage has inspired Yaron and the team at WINT.
The full episode
The whole conversation, straight from the show feed.
INTRO
On episode 9 of the InsurTech Geek Podcast, talking about Water and Artificial Intelligence with Yaron Dycian from WINT-Water Intelligence.
INTERVIEW
JAMES: Alright, alright, alright. What a great day to talk about insurance technology and geek out. I am your host, James Benham, the InsurTech geek. And geeking out for another week. And this week on a topic that I did not expect to be so interesting. You know I heard statistics that electricity, 30% of electrical usage in buildings, was from the passive load. Things that are plugged in that are not turned on. That I had no idea how much water is wasted in buildings and of course, causes billions and billions and billions of dollars of damage, and just the per claim damage cost of water is just amazing. And the technology that is being used is staggering so this week we have got a phenomenal interview talking all about water, artificial intelligence, the use of software and hardware sensors, and the use of machine learning to look at flow, water flow and tell a building owner if they have got an issue, and how all of that ties back into insurance and loss reduction and it is just an exciting topic. So, I am excited about this week's podcast and I hope you enjoy it as much as I did. And I am here today with Yaron Dycian and Chief product and strategy officer of WINT-Water Intelligence, joining us from Tel Aviv Israel. Yaron, thank you so much I know it is a little bit late there In Tel Aviv. I appreciate you joining us today.
YARON: Hey, thanks for having me. Appreciate it.
JAMES: On the InsurTech geek we love talking about technology for the insurance business. We love geeking out on all kinds of hardware and software. I am a lifelong software developer. A lot of our listeners or lifelong technologists and we geek out on this. But before we jump into geeking out on the water, and the massive multibillion - dollar impact a little old trickle of water can have, let us talk about you for a second period because you have an interesting background. You were born and raised in Israel, you did 3 degrees over there, you served in the Israeli Air Force, which, I just want to pause for a second and talk about the Israeli Air Force because the amount of technology I've seen commercialized out of the Israeli Air Force, has been staggering. And the amount of holographic displays they have been working with augmented reality and, it is just, every time I see something commercialized out of the Israeli Air Force, I am like wow! These guys are advanced. And it looked like you got a chance when you were in the Air Force there to work with some pretty neat technology.
YARON: That is correct. It is not Israeli Air Force alone, Israel, in general, has become a hub for technology. You will find technology coming from Israel into every aspect of your life, from the discount key, which was invented here, ethernet switches, and many other things. So, yeah, it is exciting, it is an exciting time to be doing technology and especially a startup technology out of here.
JAMES: Yeah.
YARON: Every VC in the world is putting their hands into Israel and most large companies, including, by the way, big insurers. If you look at Swiss Re or Munich Re or many of the other very large insurers in the world, they have a presence here to identify startup companies to build technology that could help them improve the business in various ways.