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UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics | Aon Benfield Analytics Insights Conference

UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

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Page 1: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

UNLOCKING YOUR INFORMATION ADVANTAGEJeff Mason, CEO & Founder, Groundspeed Analytics | Aon Benfield Analytics Insights Conference

Page 2: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

Industry Knowledge + Advanced Tech + Passion for Insurance

DEEP P&C EXPERIENCE

• Broking• Underwriting• Risk modeling• Captive admin• Product design• Reinsurance

FAST GROWING

• Ann Arbor & Atlanta• Venture-backed• 40-person

engineering & data science group• Growing client

analytics, customer success teams

MARKET TRACTION

• Brokerage, Carrier, MGA, Reinsurer clients• Berkley, Munich Re,

Hanover• Aon, Gallagher,

Lockton, Brown & Brown

Page 3: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

The P&C insurance industry has waited for a solution for unstructured information since, well, forever.

The P&C insurance industry has waited for a solution for unstructured information since, well, forever.

Page 4: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

unlocks the value trapped in unstructured P&C documents like submissions, loss runs, exposure schedules and policies.

The wait is over.

Page 5: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

Groundspeed Adaptive Data Pipeline™

MACHINE LEARNING,EXTERNAL DATA,1000S METHODS,RISK ANALYTICS

PDF, XLS, IMAGELOSS RUNS, EXPOSURES,

POLICIES

API, XML, JSON, SQL99% ACCURACY30S – 7M CYCLE

Page 6: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

We’re working with diverse Aon teams and use cases

Analytics Operations Brokerage

AMATS Aon Carrier Link Aon Benfield

Aon InPoint Global Property National Casualty

Page 7: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

Groundspeed is delivering value to carriers & reinsurers

ReduceCosts

• Automate submission data capture

• Improve underwriting efficiency

ImprovePricing • Monitor target accounts

loss development vs assumptions

• Fine tune pricing based on competitor reserve practices

MarketIntel

• Target segment loss performance over time

• Benchmark competitor coverage limits, sublimits, retentions, etc.

DriveGrowth

• Identify underwriting profit pools

• Identify market-wide and segment exposure changes

• Develop products within growing, profitable segments

Page 8: UNLOCKING YOUR INFORMATION ADVANTAGEevents.aon.com/SiteCollectionDocuments/201807... · UNLOCKING YOUR INFORMATION ADVANTAGE Jeff Mason, CEO & Founder, Groundspeed Analytics |Aon

automate to Illuminate

[email protected]