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UNLOCKING YOUR INFORMATION ADVANTAGEJeff Mason, CEO & Founder, Groundspeed Analytics | Aon Benfield Analytics Insights Conference
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
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.
unlocks the value trapped in unstructured P&C documents like submissions, loss runs, exposure schedules and policies.
The wait is over.
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
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
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
automate to Illuminate