Madhu Tadikonda's guest appearances

Madhu Tadikonda

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“It’s a watershed moment for the industry. If we don’t respond, we’ll lose relevancy”, says Madhu.The philosophy major and former management consultant and venture capitalist talks about his rise through the ranks at AIG and his journey to joining Corvus, a cyber insurance insurtech protecting policyholders’ digital operations and digital assets.“I like the feel of a small group of people going after a big problem”, as Madhu explains how Corvus assesses the network topography and weak points of a client’s business, offering direct and continuous engagement with policyholders.“We look at the company the way an attacker, malware or ransomware actor would.”Madhu shares his thoughts on the future of insurance, emerging risk threats and the personalities he looks for when recruiting.“When talking to candidates, I ask what are the things they’ve tried that didn’t work”, as he explains the importance of being comfortable with ambiguity and having an experimentation mindset.“The risks, the approaches and the way policyholders are engaging is all changing. Imagination and new thinking will drive different outcomes.”Connect with Madhu on LinkedIn or find out more about career opportunities at Corvus. The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO, Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses across the globe.To discuss identifying &amp; attracting the very best talent to your team or being a podcast guest, reach out to Nick via nick.hoadley@insurance-search.com or connect on LinkedInCopyright Insurance Search 2022 – All Rights Reserved.    

“It’s a watershed moment for the industry. If we don’t respond, we’ll lose relevancy”, says Madhu.The philosophy major and former management consultant and venture capitalist talks about his rise through the ranks at AIG and his journey to joining Corvus, a cyber insurance insurtech protecting policyholders’ digital operations and digital assets.“I like the feel of a small group of people going after a big problem”, as Madhu explains how Corvus assesses the network topography and weak points of a client’s business, offering direct and continuous engagement with policyholders.“We look at the company the way an attacker, malware or ransomware actor would.”Madhu shares his thoughts on the future of insurance, emerging risk threats and the personalities he looks for when recruiting.“When talking to candidates, I ask what are the things they’ve tried that didn’t work”, as he explains the importance of being comfortable with ambiguity and having an experimentation mindset.“The risks, the approaches and the way policyholders are engaging is all changing. Imagination and new thinking will drive different outcomes.”Connect with Madhu on <a href="https://www.linkedin.com/in/madhu-tadikonda-62a267/" rel="nofollow" target="_blank">LinkedIn</a> or find out more about career opportunities at <a href="https://www.corvusinsurance.com/careers" rel="nofollow" target="_blank">Corvus</a>. The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO, <a href="https://my.captivate.fm/www.insurance-search.com" rel="nofollow" target="_blank">Insurance Search</a>, the Executive Search Consultancy for growing Insurance and Insurtech businesses across the globe.To discuss identifying &amp; attracting the very best talent to your team or being a podcast guest, reach out to Nick via <a href="mailto:nick.hoadley@insurance-search.com">nick.hoadley@insurance-search.com</a> or connect on <a href="https://www.linkedin.com/in/nick-hoadley-78a498143/" rel="nofollow" target="_blank">LinkedIn</a>Copyright <a href="https://insurance-search.com/" rel="nofollow" target="_blank">Insurance</a> <a href="https://insurance-search.com/" rel="nofollow" target="_blank">Search</a> 2022 – All Rights Reserved.

Imagining a new response to Cyber Risk – with Madhu Tadikonda, President, Corvus Insurance

Madhu Tadikonda is the President of Corvus Insurance overseeing risk, underwriting, and sales. He started his career at AIG, serving as both Chief Data Scientist in Commercial Insurance and then Global Chief Underwriting Officer. More recently, Tadikonda co-founded Archipelago Analytics, an innovative data platform that uses AI to digitize risk for large owners of commercial property. In this episode, he talks about the future of insurance, digitalization, and how he uses data analysis for better decision-making.   Key Takeaways  A little bit about Madhu and today’s topic. Madhu shares his story of how he got to where he is today. His consulting and investing career has always been around using data analytics for better decision-making. Traditional vs. Cyber Insurance. Madhu shares what are the benefits of the latter. What are the opportunities he sees with Cyber? Madhu shares different scenarios where different risks can be mitigated in our digitized world. Risks don’t only happen individually but in aggregate and building confidence in your portfolios is important. How does Madhu see the current state of technology application of data in the insurance industry? Madhu also shares his perspective about insurtech and where it may lead to in the future. He also talks about how data analytics can evolve and be applied in the insurance industry in the next few years. Madhu shares what is underhyped, yet the most precious, in the insurance industry. What is the future for cyber price incentives for corporations? Madhu shares his insights. As a data scientist, Madhu shares his message to people who have interest in data and why the insurance industry can be a place for them. Data science and analytics can be used for good through insurance because it leads us to a secured and safer world. Madhu also shares his framework for decision-making throughout the changes he made with his career. Five years from now, what are the differences Madhu would see in the insurance industry? Madhu shares what he wishes he’d known way back when he started that he knows now.    Keep Getting Better Canopius.com Assure-space.com Madhu on LinkedIn   Quotes   “Even small changes in decision-making can make a huge difference in companies that pay a hundred million dollars in claims per day.”   “As smart as you think you are in pricing or underwriting, the bad guys are just evolving much much faster.”   “The insurance industry is data science for good. When we’re making analyses and using the price signals, we make workplaces, autos, and companies safer.”

Madhu Tadikonda is the President of Corvus Insurance overseeing risk, underwriting, and sales. He started his career at AIG, serving as both Chief Data Scientist in Commercial Insurance and then Global Chief Underwriting Officer. More recently, Tadikonda co-founded Archipelago Analytics, an innovative data platform that uses AI to digitize risk for large owners of commercial property. In this episode, he talks about the future of insurance, digitalization, and how he uses data analysis for better decision-making. Key Takeaways <ul> <li>A little bit about Madhu and today’s topic.</li> <li>Madhu shares his story of how he got to where he is today.</li> <li>His consulting and investing career has always been around using data analytics for better decision-making.</li> <li>Traditional vs. Cyber Insurance. Madhu shares what are the benefits of the latter.</li> <li>What are the opportunities he sees with Cyber? Madhu shares different scenarios where different risks can be mitigated in our digitized world.</li> <li>Risks don’t only happen individually but in aggregate and building confidence in your portfolios is important.</li> <li>How does Madhu see the current state of technology application of data in the insurance industry?</li> <li>Madhu also shares his perspective about insurtech and where it may lead to in the future.</li> <li>He also talks about how data analytics can evolve and be applied in the insurance industry in the next few years.</li> <li>Madhu shares what is underhyped, yet the most precious, in the insurance industry.</li> <li>What is the future for cyber price incentives for corporations? Madhu shares his insights.</li> <li>As a data scientist, Madhu shares his message to people who have interest in data and why the insurance industry can be a place for them.</li> <li>Data science and analytics can be used for good through insurance because it leads us to a secured and safer world.</li> <li>Madhu also shares his framework for decision-making throughout the changes he made with his career.</li> <li>Five years from now, what are the differences Madhu would see in the insurance industry?</li> <li>Madhu shares what he wishes he’d known way back when he started that he knows now.</li> </ul> Keep Getting Better <a href="https://www.canopius.com/insurance/canopius-usa/" rel="nofollow" target="_blank">Canopius.com</a> <a href="http://www.assure-space.com/" rel="nofollow" target="_blank">Assure-space.com</a> <a href="https://www.linkedin.com/in/madhu-tadikonda-62a267/" rel="nofollow" target="_blank">Madhu on LinkedIn</a> Quotes “Even small changes in decision-making can make a huge difference in companies that pay a hundred million dollars in claims per day.” “As smart as you think you are in pricing or underwriting, the bad guys are just evolving much much faster.” “The insurance industry is data science for good. When we’re making analyses and using the price signals, we make workplaces, autos, and companies safer.”

Where is Digitalization and Data Analytics Headed? With Madhu Tadikonda

Corvus Insurance is a young business that is moving so fast that to those of us looking in from the outside could be forgiven for seeing something of a blur.  For instance, should we look at this business as a specialist cyber underwriter or should we see a cyber technology provider or indeed a much broader data-driven insurtech company that is class-agnostic?   The answer is probably a blend of all three.  That’s why it’s so valuable to speak to someone of the calibre of Madhu Tadikonda, Corvus’s President.   As a tech entrepreneur who then rose rapidly to become AIG’s Global Chief Underwriting Officer, Madhu has had a stellar insurance career of his own before joining up with Corvus last year.  In this really lively podcast I get Madhu to explain all of the moving parts within Corvus and distil the common themes.   In doing so we get a front-row view of the challenges and opportunities facing the cyber market, run through the rationale behind Corvus’s recent acquisition of cyber MGA Tarian Underwriting and look into what other classes are catching this progressive business’s eye.  I’d say what really makes Corvus tick is a real affinity for the fastest growing insurance classes where client need, demand and opportunity are greatest.  This is then coupled with the realisation that the most important risks of the future are becoming much more dynamic and that the most successful underwriters of tomorrow are going to have to be much faster learners than their predecessors and be much more engaged and helpful to their customers.   Almost paradoxically Corvus looks very much like an ultra-traditional insurance business…  except that its way of going about things is anything but!  It’s fascinating stuff.  LINKS https://www.corvusinsurance.com

Corvus Insurance is a young business that is moving so fast that to those of us looking in from the outside could be forgiven for seeing something of a blur. For instance, should we look at this business as a specialist cyber underwriter or should we see a cyber technology provider or indeed a much broader data-driven insurtech company that is class-agnostic? The answer is probably a blend of all three. That’s why it’s so valuable to speak to someone of the calibre of Madhu Tadikonda, Corvus’s President. As a tech entrepreneur who then rose rapidly to become AIG’s Global Chief Underwriting Officer, Madhu has had a stellar insurance career of his own before joining up with Corvus last year. In this really lively podcast I get Madhu to explain all of the moving parts within Corvus and distil the common themes. In doing so we get a front-row view of the challenges and opportunities facing the cyber market, run through the rationale behind Corvus’s recent acquisition of cyber MGA Tarian Underwriting and look into what other classes are catching this progressive business’s eye. I’d say what really makes Corvus tick is a real affinity for the fastest growing insurance classes where client need, demand and opportunity are greatest. This is then coupled with the realisation that the most important risks of the future are becoming much more dynamic and that the most successful underwriters of tomorrow are going to have to be much faster learners than their predecessors and be much more engaged and helpful to their customers. Almost paradoxically Corvus looks very much like an ultra-traditional insurance business… except that its way of going about things is anything but! It’s fascinating stuff. LINKS <a href="https://www.corvusinsurance.com" rel="nofollow" target="_blank">https://www.corvusinsurance.com</a>