Andrew Robinson is an insurance industry executive and thought leader. He is an executive in residence at Oak HC/FT, a premier venture growth equity fund investing in healthcare information and services and financial services technology.
He is the former global chief operating officer at Crawford, president of specialty insurance and EVP of corporate development for Hanover Insurance Group and head of the global insurance practice for Diamond Consulting (now PWC Consulting).
Robinson is the board chairman for Clara Analytics and a board member at Groundspeed and Terrene Labs (three AI-enabled SaaS insurance solution providers). He has previously served on several boards, including Chaucer (a top 10 Lloyds of London managing agency), where he was a member of its corporate risk committee; WeGoLook (mobile technology and crowd=sourced field services); Breckenridge Insurance Services (a private equity-backed MGA); and Brainspark (a London-based VC and internet accelerator company). He is currently an advisory board member for Wellnest (first Alexa wearable technology), ReThought (private flood insurance MGA) and Manchester Story (early-stage-focused VC).
He received his bachelor of science degree with honors in mathematics and computer science from Clarkson University.
It is not unusual to hear someone use Google as a verb in ordinary conversation: “I googled….” Being part of building a company that becomes so prevalent that your name is used as a verb is no small accomplishment. A company I’m working with, Groundspeed, may be on its way to achieving verb status. In […]
With 2017 Insuretech Connect happening this week, below is one industry insider’s top 10 of the notable insurtech changes since the inaugural event this time last year: See also: Insurtechs: 10 Super Agents, Power Brokers Early-stage ventures are moving beyond the online/UI experience and are focused on the core industry economics — i.e. driving down […]
Recently, an article was written on ITL (and published in the Six Things newsletter) that cautioned against the use of big data to change the customer experience when applying for insurance. The article demonized eliminating or even minimizing the plethora of questions required by carriers and, instead, using data from the public domain. In making […]
Fifty-six cents of every premium dollar is indemnity (loss costs). A further 12 cents is needed to assess, value and pay those losses. Given that two-thirds of the insurance industry economics are tied up in losses, it would be logical that much of the innovation we are now witnessing should focus on driving down loss costs and loss […]
The most successful small commercial carriers have been able to establish highly profitable books of business by cherry picking low-complexity risks that can be efficiently underwritten and processed. These carriers monitor and adjust underwriting decisions at a portfolio level to ensure underwriting discipline and profitability. There has been a focus on building advanced, agent-facing technology, […]
Last week, I was excited to attend the first Insuretech Connect conference, which brought together entrepreneurs, VCs and industry insiders to focus on the innovative (and some say disruptive) developments within the industry. I wanted to get a closer view of the emerging technology and begin to hear a clearer message about how these developments are […]