On this episode of the Scouting For Growth podcast, Sabine VdL talks to Leandro DalleMule who brings a dynamic perspective shaped by nearly 30 years of driving growth through data and AI. As Global Head of Insurance and General Manager at Planck, Leandro spearheads the most sophisticated generative AI platform serving commercial insurers across four continents.

Through the "Scouting for Growth" podcast, Leandro will unveil his playbook for activating cross-industry partnerships and investments to future-proof success. His globetrotting career stands as a testament to the power of bridging geographic and sector divides to drive innovation.

KEY TAKEAWAYS

• We’ve been using large language models since the beginning of the company; they just weren’t very popular because ChatGPT wasn’t around. But now we can now open the black box. It’s very addictive once you ask the chat part of it questions.
• There are two major pain points we solve with technology: Efficiency is super important for underwriters as margins are very thin in any line. Accuracy is also important, how precisely are you finding the correct information rather than misleading or wrong data. The beauty of the technology is that it can work from multiple sources, bring it all together & make sense of that information.
•  Before I give an overview of large language models, I always ask: “How many of you have heard of ChatGTP, generative AI?” It’s about 50% in traditional carries (higher in the digital NGA space) surprisingly, or not – insurance isn’t a very innovative space. Then I ask how many have used it & the number drops to about 30%. There’s much more room to grow.
• Generative AI is the future, it’s coming from all directions, not just insurance, we’ll be seeing more and more natural interaction with technology rather than it being distanced from us. 

BEST MOMENTS

‘We went from being a data provider, at the very early stages years ago, to providing a risk & underwriting insights workbench with an AI co-pilot to help underwriters be more productive.’

‘For anyone that’s used ChatGPT once it’s impressive, it’s surprising the amount of investment in such a short period of time & the adoption, which surpassed the launch of any other product, ever.’

‘Once people start using AI they understand the power of it.'

‘Talk to your kids, they’ll know.’

ABOUT THE GUEST

Leandro DalleMule has nearly 30 years of experience helping businesses in the retail, energy, manufacturing, telecom, and financial services industries achieve sustained increased profitability through data and analytics. Leandro is the global head of insurance for Planck, a leading artificial intelligence data platform for commercial insurers. Previously, he spent six years as the chief data officer for AIG. Prior to AIG, he worked in several senior leadership positions such as the senior director of big data analytics for Citibank and head of marketing analytics for BlackRock. He also worked in Deloitte's advanced analytics practice. Leandro holds a bachelor’s degree in mechanical engineering from University of Sao Paulo, Brazil, magna cum laude MBA from the Kellogg School of Management at Northwestern University, and a graduate certificate in applied mathematics from Columbia University.  He has published several articles on analytics, risk, and economics, the most recent ones for the Harvard Business Review on data strategy and analytics.

ABOUT THE HOST

Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew, a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers & accelerating over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. 

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