The Reinsurance Podcast

Monte Carlo #61 - Mikir Shah: Most Insurers Are Using AI Wrong

The Reinsurance Podcast

Show Notes

Mikir Shah, CEO of developing-markets reinsurer Africa Specialty Risks, built AI into the whole underwriting engine instead: quote to bind, no manual data entry. Then he paused it anyway, just to check the machine's doing what it's meant to.

WHAT YOU'LL LEARN: Why building AI into every underwriting step, not just the easy bits, changes what the job actually looks like How a cyclone claim paid out in seven days, and what that speed protects that a slow claim never can Why record levels of reinsurance capital keep chasing developed markets, and what that leaves exposed How conflict in the Middle East ripples into African food security through fuel and fertiliser shortages Why training local underwriting talent might do more for developing markets than any AI model

OUTLINE & TIMESTAMPS:

EPISODE LINKS:Mikir's LinkedIn: https://www.linkedin.com/in/mikir-shah-42104259/ Africa Specialty Risks: https://www.asr-re.com/

CONNECT WITH US:Say Hello: [email protected]: https://www.supercede.comLinkedIn: https://www.linkedin.com/company/supercedehqX: https://twitter.com/SupercedeHQYouTube: https://www.youtube.com/@SupercedeHQRSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss

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