For underwriters, time spent searching for information is time lost to underwriting.

Terrene Labs, acquired by FRISS in April 2021, aggregates third-party data sources to help underwriters focus on the core of underwriting rather than the chore of data collection. The acquisition will expand FRISS's range of underwriting insights beyond risk detection analytics.

Matthew speaks to Piyush Singh, CEO of Terrene Labs, on podcast 155 to discuss why he left his senior role to launch a start-up, how Terrene Labs built its client base and why his business was acquired by FRISS.

Listen now to learn about:

The importance of classifying businesses accurately
How to find out a lot about a company from just four questions
How the insurer can become an expert advisor to its customers
The unusual data that can impact risk pricing that insurers don’t usually look at
The opportunities in small commercial lines insurance in the US

If you like what you're hearing, please leave us a review on whichever platform you use, or contact Matthew Grant on LinkedIn.

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For more information on FRISS, go to friss.com

Continuing Professional Development - Learning Objectives

InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London 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:

Realise how technology sales can happen in insurance and how this has changed in the pandemic
Understand how businesses can be categorised and what happens with the data
Recognise how data collection can be automated and the hurdles to overcome

To continue learning about the essential data for underwriters, read our insight 50 free insurance data sets you'll need.

If your organisation is a member of InsTech London and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 155 page of the InsTech London website or email cpd@instech.london 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.

Piyush Singh: Founder, Terrene Labs - a FRISS company: Calling all underwriters - focus on the core, not the chore (155)

InsTech - insurance & innovation

Piyush Singh: Founder, Terrene Labs - a FRISS company: Calling all underwriters - focus on the core, not the chore (155)