{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/62822c55f7114f0012f2582a/6ab69852864264ef3eee0950?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Ashwin Agarwal (Advocate Technologies): The $150 Trillion Opportunity in Insurance Pricing","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62822c55f7114f0012f2582a/1790351385240-3a842a06-c88f-49c2-bcc5-305e52658b6b.jpeg?height=200","description":"<p>This week on The Leadership in Insurance, Alex Bond sits down with <strong>Ashwin Agarwal</strong>, Founder &amp; CEO of <strong>Advocate Technologies</strong>, to talk about bringing pricing transparency to commercial insurance.</p><p><br></p><p>Some of what they cover:</p><p><br></p><p>📊 An <strong>$8 billion data network</strong>, built in five years — think &quot;Verisk 2.0&quot; meets Bloomberg for insurance pricing</p><p>⏳ Insurance pricing is <strong>40 years behind financial markets</strong> — and that gap is costing the industry</p><p>🔄 A <strong>12.5% quote-to-bind ratio</strong> that shows just how badly the market needs better benchmarking</p><p>💡 A bold bet: turning a <strong>$3 trillion market into $150 trillion</strong> with floating-rate policies and price-indexed hedges</p><p>🎯 Real innovation vs. cost-cutting — and why insurance needs an investment mindset like Buffett&#39;s</p><p><br></p><p>A must-listen for anyone tracking where pricing data and market infrastructure in commercial insurance are headed next.</p>","author_name":"Alex Bond"}