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The future of risk modeling isn’t just sharper tools, it’s a smarter mindset. On our podcast, Unstructured Unlocked, Matthew Grant, CEO at Instech, talks about how insurers are finally moving past legacy models and unlocking the potential of third-party data, AI, and real-time sensors. It’s not just about better predictions, it’s about better prevention. From Zurich’s AI-built terrorism model to the ongoing struggle of getting clean, usable property data, this episode dives into what’s really changing inside underwriting.

“𝘌𝘷𝘦𝘯 𝘢𝘧𝘵𝘦𝘳 30 𝘺𝘦𝘢𝘳𝘴 𝘰𝘧 𝘩𝘶𝘳𝘳𝘪𝘤𝘢𝘯𝘦 𝘮𝘰𝘥𝘦𝘭𝘪𝘯𝘨, 𝘸𝘦’𝘳𝘦 𝘧𝘢𝘳 𝘧𝘳𝘰𝘮 𝘦𝘭𝘪𝘮𝘪𝘯𝘢𝘵𝘪𝘯𝘨 𝘶𝘯𝘤𝘦𝘳𝘵𝘢𝘪𝘯𝘵𝘺, 𝘵𝘩𝘢𝘵’𝘴 𝘫𝘶𝘴𝘵 𝘵𝘩𝘦 𝘯𝘢𝘵𝘶𝘳𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘣𝘦𝘢𝘴𝘵” - Matthew Grant 🌪️

A great listen for those curious about how tech is reshaping the core of insurance.

https://indicodata.ai/blog/matthew-grant-on-how-ai-and-third-party-data-are-changing-risk-modeling-in-insurance/

We had a great conversation with Matthew Grant from Instech on our podcast about the real-world challenges insurers face when using third-party data to understand risk.

“𝘛𝘩𝘦 𝘥𝘢𝘵𝘢’𝘴 𝘵𝘩𝘦𝘳𝘦. 𝘛𝘩𝘦 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦 𝘪𝘴, 𝘐 𝘫𝘶𝘴𝘵 𝘤𝘢𝘯'𝘵 𝘨𝘦𝘵 𝘮𝘺 𝘩𝘢𝘯𝘥𝘴 𝘰𝘯 𝘪𝘵 𝘦𝘢𝘴𝘪𝘭𝘺.” – Matthew Grant

Legacy systems, siloed workflows, and cost still create friction. AI is starting to help, but adoption depends on trust. Matthew also talked about how some carriers are building their own models to gain an edge where off-the-shelf tools fall short.

“𝘛𝘩𝘦 𝘳𝘦𝘢𝘭 𝘣𝘢𝘳𝘳𝘪𝘦𝘳 𝘵𝘰 𝘢𝘥𝘰𝘱𝘵𝘪𝘰𝘯 𝘪𝘴𝘯’𝘵 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺. 𝘐𝘵’𝘴 𝘤𝘰𝘯𝘧𝘪𝘥𝘦𝘯𝘤𝘦 𝘢𝘯𝘥 𝘤𝘰𝘴𝘵.” – Matthew Grant 💡

🎧 Listen here: https://podcasts.apple.com/us/podcast/how-to-leverage-ai-and-third-party-data-in/id1633470090?i=1000706660896