Stephen Lathrope's guest appearances

Stephen Lathrope

InsTech - insurance & innovation with Matthew Grant

The Voice of Insurance

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ICEYE delivers what it calls “persistent monitoring capabilities for any location on earth” using synthetic aperture radar satellites. ICEYE’s data can be collected day or night and through cloud cover. Its constellation of 21 satellites enables it to capture images before, during, and after a flood event multiple times a day. Stephen Lathrope is the Global Head of Insurance for ICEYE and joined Matthew to discuss how ICEYE is expanding its offering from floods and into other natural perils, its ability to acquire information and the benefits of the geospatial platform. Talking points include: What synthetic aperture radar is and why it is important The advanced field testing happening to enable insights and imaging of wildfires How the team at ICEYE delivered data within 24 hours following the floods in Queensland How the company works with partners including Arturo, AXA Climate, Swiss Re and EigenRisk How its data is acting as the trigger point in parametric insurance services  If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. The Learning Objectives for this podcast are: Define 'synthetic aperture radar' (SAR) and the benefits of using this for data collection Describe the process of capturing and delivering insights and imaging following natural catastrophes Summarise the relevance of SAR satellite data for the parametric insurance space  If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 197 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

ICEYE delivers what it calls “persistent monitoring capabilities for any location on earth” using synthetic aperture radar satellites. ICEYE’s data can be collected day or night and through cloud cover. Its constellation of 21 satellites enables it to capture images before, during, and after a flood event multiple times a day. Stephen Lathrope is the Global Head of Insurance for ICEYE and joined Matthew to discuss how ICEYE is expanding its offering from floods and into other natural perils, its ability to acquire information and the benefits of the geospatial platform. Talking points include: <ul><li>What synthetic aperture radar is and why it is important</li> <li>The advanced field testing happening to enable insights and imaging of wildfires</li> <li>How the team at ICEYE delivered data within 24 hours following the floods in Queensland</li> <li>How the company works with partners including Arturo, AXA Climate, Swiss Re and EigenRisk</li> <li>How its data is acting as the trigger point in parametric insurance services</li> </ul> If you like what you're hearing, please leave us a review on whichever platform you use or contact <a href="https://www.linkedin.com/in/matthewjggrant/" rel="nofollow" target="_blank">Matthew Grant on LinkedIn</a>. <a href="https://bit.ly/Instech_SignUp" rel="nofollow" target="_blank">Sign up to the InsTech newsletter</a> for a fresh view on the world every Wednesday morning. Continuing Professional Development - Learning Objectives InsTech is accredited by <a href="https://www.cii.co.uk/" rel="nofollow" target="_blank">The Chartered Insurance Institute (CII)</a>. By listening to any InsTech podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. The Learning Objectives for this podcast are: <ul><li>Define 'synthetic aperture radar' (SAR) and the benefits of using this for data collection</li> <li>Describe the process of capturing and delivering insights and imaging following natural catastrophes</li> <li>Summarise the relevance of SAR satellite data for the parametric insurance space</li> </ul> If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the <a href="https://www.instech.co/podcast/stephen-lathrope-global-head-insurance-iceye-real-time-monitoring-space" rel="nofollow" target="_blank">Episode 197 page</a> of the InsTech website or email <a href="mailto:cpd@instech.co">cpd@instech.co</a> to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick <a href="https://docs.google.com/forms/d/e/1FAIpQLSe9pDG2r3HxjdPhPKLAIJZsS4q1KaV3dJfTx31ohpnCT0chOg/viewform" rel="nofollow" target="_blank">feedback survey</a>.

Stephen Lathrope: Global Head of Insurance, ICEYE: Real-time monitoring from space - fast, accurate and persistent (197)

Wow.   Wow is not a word we use very much in insurance. But this special episode is full of moments where the perfectly logical response is to say “Wow!”  For instance:  Did you know the insurance industry had a fast-growing fleet of private satellites at its disposal, capable of giving 100% global coverage? Wow.  Did you know those satellites can see in the dark and through cloud, smoke and dust? Wow.  Did you know they orbit the earth multiple times a day, giving you near real-time information and they can also make incredibly accurate measurements down to the millimetre? Wow.  Did you know that the physical and intellectual property behind this network has been developed and is owned by ICEYE itself? Wow.  Over the past couple of decades we have become used to applying satellite imagery in property insurance. We also all knew that satellite technology had come a long way because of miniaturisation and a massive reduction in cost.   But until now I don’t think we had realised quite how far things had progressed and what possibilities this could open up for the insurance sector.  Today I am talking to Global Head of Insurance Stephen Lathrope about micro-satellite and data and insurance insights and solutions business ICEYE and its plans for the industry.   A few minutes into our chat and it is clear that the applications for this new tech are almost limitless and ICEYE has only just begun scratching the surface of what is possible.   Persistent monitoring of static objects is one clear application and the use cases for flood and many parametric covers also stand out. Windstorm, wildfire, hail and tsunami are also on the list.   But it quickly emerges that it is the blending of ICEYE’s extraordinary satellite data with other data sources, forecasts, maps and models that is going to add the most value.  That’s where you come in. It’s fairly obvious from a listen that I really enjoyed my time chatting to Stephen.  So I think you should Listen to the podcast for the sheer pleasure of it and let some of the wow moments sink in.   Then in time let all the ideas for new products percolate up to the surface and then get in touch with ICEYE and tell them how you would use their technology.   Because the final link in the chain is the insurance industry itself.   Enjoy the podcast.  NOTES AND LINKS  Learn more about ICEYE's Solutions here, or download their latest Flood Briefings here  ICEYE has a webinar series starting soon, explaining the value of SAR Technology. Sign Up here  And any late 1970’s low-budget Brit Sci-Fi fans, just Google ‘Blake’s 7’ and see what Stephen and I were talking about!

Wow. Wow is not a word we use very much in insurance. But this special episode is full of moments where the perfectly logical response is to say “Wow!” For instance: Did you know the insurance industry had a fast-growing fleet of private satellites at its disposal, capable of giving 100% global coverage? Wow. Did you know those satellites can see in the dark and through cloud, smoke and dust? Wow. Did you know they orbit the earth multiple times a day, giving you near real-time information and they can also make incredibly accurate measurements down to the millimetre? Wow. Did you know that the physical and intellectual property behind this network has been developed and is owned by ICEYE itself? Wow. Over the past couple of decades we have become used to applying satellite imagery in property insurance. We also all knew that satellite technology had come a long way because of miniaturisation and a massive reduction in cost. But until now I don’t think we had realised quite how far things had progressed and what possibilities this could open up for the insurance sector. Today I am talking to Global Head of Insurance Stephen Lathrope about micro-satellite and data and insurance insights and solutions business ICEYE and its plans for the industry. A few minutes into our chat and it is clear that the applications for this new tech are almost limitless and ICEYE has only just begun scratching the surface of what is possible. Persistent monitoring of static objects is one clear application and the use cases for flood and many parametric covers also stand out. Windstorm, wildfire, hail and tsunami are also on the list. But it quickly emerges that it is the blending of ICEYE’s extraordinary satellite data with other data sources, forecasts, maps and models that is going to add the most value. That’s where you come in. It’s fairly obvious from a listen that I really enjoyed my time chatting to Stephen. So I think you should Listen to the podcast for the sheer pleasure of it and let some of the wow moments sink in. Then in time let all the ideas for new products percolate up to the surface and then get in touch with ICEYE and tell them how you would use their technology. Because the final link in the chain is the insurance industry itself. Enjoy the podcast. NOTES AND LINKS Learn more about ICEYE's Solutions <a href="https://www.iceye.com/solutions?utm_campaign=The%20Voice%20of%20Insurance%20Podcast&amp;utm_source=podcast&amp;utm_medium=landingpage" rel="nofollow" target="_blank">here</a>, or download their latest Flood Briefings <a href="https://www.iceye.com/downloads/flood-briefings?utm_campaign=The%20Voice%20of%20Insurance%20Podcast&amp;utm_source=podcast&amp;utm_medium=landingpage" rel="nofollow" target="_blank">here</a> ICEYE has a webinar series starting soon, explaining the value of SAR Technology. Sign Up <a href="https://www.iceye.com/the-value-of-sar" rel="nofollow" target="_blank">here</a> And any late 1970’s low-budget Brit Sci-Fi fans, just Google ‘Blake’s 7’ and see what Stephen and I were talking about!