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Oil and Gas Startups PodcastThe Oil and Gas Startups Podcast showcases emerging technologies and tells the stories of founders, investors and industry leaders.. Author: Digital Wildcatters
The Oil and Gas Startups Podcast showcases emerging technologies and tells the stories of founders, investors and industry leaders. Language: en-us Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Baldwin Group on Oil and Gas Startups
Episode 287
Sunday, 3 November, 2024
Summer Shedd-Campbell, a seasoned advisor from The Baldwin Group, joins Collin in "The Ugly Truth About Oil, Gas, and Insurance." Summer delves into how insurance intricacies shape the oil and gas industry, focusing on the challenges operators face in a high-risk landscape. Key insights include the power of data in securing better insurance terms, the role of AI in optimizing risk strategies, and the evolving dynamics of underwriting. Summer shares her journey from Medtech to insurance, driven by a personal connection to the energy sector, and offers a contrarian view on using data and tech to improve insurance outcomes. With her expertise in insuretech and a fresh take on managing industry risks, Summer explores global market challenges, carrier trends, and the promising future of insurance in energy.Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.Click here to watch a video of this episode. Click here to view the episode transcript. 00:00 - Intro00:33 - Summer's Journey into Insurance05:43 - Impact of Bad Data on Underwriting14:00 - Proper Coverage for Operations16:34 - Technology's Role in Insurance19:37 - Data Requirements for Underwriters22:00 - Broker Collaboration Explained25:25 - Is Oil and Gas Becoming Uninsurable?29:55 - Educating on Risk Optimization32:45 - Consequences of Uninsurable Oil and Gas Assets34:25 - Unique Discussion Pointshttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://twitter.com/DWildcatters
