Dec 14, 2021
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
This week on the podcast, Justin is joined by the co-founder and co-CEO of LOOP, Carey Anne Nadeau. Founded in 2020, LOOP is an auto insurance MGA that uses AI to provide a fair price to all.
In this conversation, Carey speaks about the future of risktech, how Loop is modernizing data analytics to reduce risk, her philosophies on data analysis, and how she uses AI to create equitable products. She also gives a preview of her keynote for the second day of the RIMS virtual event, TechRisk/RiskTech, which will be held January 26‒27th, 2022.
[:01] About RIMS’ Global Membership and RIMScast.
[:26] About today’s episode.
[:43] Upcoming RIMS current virtual offerings.
[1:20] About the upcoming 2022 RIMS RiskTech Forum.
[1:59] More about today’s episode with Carey Anne Nadeau.
[2:32] Justin welcomes Carey to the podcast!
[2:39] Carey shares about her professional history in risk and how she came to be the co-founder and co-CEO of LOOP.
[5:06] Carey shares about her mission to modernize the measurement of risk and what she does to measure risk.
[7:05] How Loop uniquely examines measurements and risk methods (and which factors they view as outdated).
[10:25] About the RIMS Mobile App; RIMS Buyers Guide; and RIMS Annual Conference, RISKWORLD 2022.
[12:03] How Carey sees risk tech further enhancing the future of the risk profession.
[15:07] Carey highlights a key part of LOOP that uniquely separates them from others in the space.
[15:36] Carey provides a preview of her upcoming keynote at TechRisk/RiskTech.
[16:25] Justin thanks Carey for joining RIMScast and shares some of the links to look out for in this episode’s show notes!
Mentioned in this Episode:
RIMS Events, Education, and Services:
TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!
RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!
Sponsored RIMScast Episodes:
“Aon’s 2021 Retail Industry Overview” | Sponsored by Aon
“A Legacy of Resilience” | Sponsored by J.B. Boda Group
“The Golden Era of Insurance” | Sponsored by The Hartford
“Insurance Investigation Trends Happening Now” | Sponsored by Travelers
“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect
“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL
“Property Valuation Deep Dive” | Sponsored by TÜV SÜD
“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers
NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.
Webinars & Virtual Workshops:
Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register by Jan. 17 to save $200!
More Risktech on RIMScast:
RIMS Publications, Content, and Links:
RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!
RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!
RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!
Want to Learn More?
Have a question or suggestion? Email: Content@rims.org.
Join the Conversation!
Follow up with Our Guest:
Tweetables (For Social Media Use):
“What sets [Loop] apart from other carriers or … MGAs in this space is that we are … on a mission … to provide more … equitable insurance. … Loop is taking a very fresh and modern approach to using data … to deliver a really lovely customer experience.” — Carey Anne Nadeau
“We’re … in a renaissance in the risk profession. Those of us who are innovating in this space, … I think of us as avant-garde. We’re creating things. … We’re finding opportunities to sell to markets … and solve … problems that … haven’t been addressed.” — Carey Anne Nadeau
“In this space, there’s also an opportunity to collaborate with your community. One thing that really drives Loop and is important to us is building deep relationships with our Loop drivers and finding opportunities for them to benefit and connect.” — Carey Anne Nadeau