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IAG Firemark Ventures and Stone & Chalk
Welcome you to:
A Masterclass in “The disruptive impact of automation”
Keynote presentation by:
• Alex Taylor (Entrepreneur in Residence, Firemark Labs)
Panellists:
• Tiberio Caetano (Co-Founder and Chief Scientist at Ambiata)
• Stephanie Brownlee (R&D – Faethm.ai)
• Alex Taylor (Entrepreneur in Residence, Firemark Labs)
Moderator
• Michael Dovey (IAG Firemark Ventures)
Largest General Insurance company in Australia
and NewZealand
Revenue
AUD 11.6bn
Employees
13,500+
KeyMarkets
AU, NZ
Labs
Sydney,Singapore
KeyProduct
General
Commercial
Vehicle
HomeIAG Highlights
“Beingguidedbyourpurposehelpsusmakeyour
worldasaferplace”
$20 billion+
Ouroverall capital position
(asat30Jun2018)
ACCELERATE
DOING
ETHICS / THOUGHT
LEADERSHIP
EXPLORING UNDERSTAND & EXPLOIT
DECISION MAKING MACHINES
AI in use to either replicate / replace human decision making for
internal processes or to help our customers make better decisions
using context and data.
FUNCTIONAL ANALYTICS & AI
AI and analytics technology that solves a particular problem or
provides access to a new way of working.
DATATO SUPPORT THE CUSTOMER
PLATFORM
Access to new data sources, audiences or technology - we can use to
create or compliment the Customer Platform. 1st or 3rd party data.
TECHNOLOGY IN SUPPORT OF A SAFER
FUTURE
Application of technology that can help us make our customers
world a safer place.
Four Strategic
Areas of Focus
“The greatest shortcoming of the human race is our inability to
understand the exponential function.”
Changing nature of work
• Less human optimal roles
• Advancing pace of development of automation models for repetitive
work
• Increasing development of Machine Learning models
• Increasing level of comfort in interacting with automated systems
DAO as a financial services automation model
Pace of change
Self driving cars – changing societal fundamentals
3.5 million truck drivers in the USA
150 million full-time-equivalent jobs in the USA
Only 2% of total employment, but:
“The potential saving to the freight transportation industry
is estimated to be $168bn annually” due to self driving
trucks
• Goldman Sachs, https://www.cnbc.com/2017/05/22/goldman-sachs-analysis-of-autonomous-vehicle-job-loss.html
But…
Unemployment could rise by 7%, due to the cascade-
effect of truck driver unemployment (service industries,
net loss to economy).
Hope:
Emergent opportunities in a disrupted world
TensorFlow: A model for machine-guided risk modelling
IAG Firemark Ventures and Stone & Chalk
Welcome you to:
A Masterclass in “The disruptive impact of automation”
Keynote presentation by:
• Alex Taylor (Entrepreneur in Residence, Firemark Labs)
Panellists:
• Tiberio Caetano (Co-Founder and Chief Scientist at Ambiata)
• Stephanie Brownlee (R&D – Faethm.ai)
• Alex Taylor (Entrepreneur in Residence, Firemark Labs)
Moderator
• Michael Dovey (IAG Firemark Ventures)

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The disruptive impact of automation

  • 1. IAG Firemark Ventures and Stone & Chalk Welcome you to: A Masterclass in “The disruptive impact of automation” Keynote presentation by: • Alex Taylor (Entrepreneur in Residence, Firemark Labs) Panellists: • Tiberio Caetano (Co-Founder and Chief Scientist at Ambiata) • Stephanie Brownlee (R&D – Faethm.ai) • Alex Taylor (Entrepreneur in Residence, Firemark Labs) Moderator • Michael Dovey (IAG Firemark Ventures)
  • 2. Largest General Insurance company in Australia and NewZealand Revenue AUD 11.6bn Employees 13,500+ KeyMarkets AU, NZ Labs Sydney,Singapore KeyProduct General Commercial Vehicle HomeIAG Highlights “Beingguidedbyourpurposehelpsusmakeyour worldasaferplace” $20 billion+ Ouroverall capital position (asat30Jun2018)
  • 4. DECISION MAKING MACHINES AI in use to either replicate / replace human decision making for internal processes or to help our customers make better decisions using context and data. FUNCTIONAL ANALYTICS & AI AI and analytics technology that solves a particular problem or provides access to a new way of working. DATATO SUPPORT THE CUSTOMER PLATFORM Access to new data sources, audiences or technology - we can use to create or compliment the Customer Platform. 1st or 3rd party data. TECHNOLOGY IN SUPPORT OF A SAFER FUTURE Application of technology that can help us make our customers world a safer place. Four Strategic Areas of Focus
  • 5.
  • 6. “The greatest shortcoming of the human race is our inability to understand the exponential function.”
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17. Changing nature of work • Less human optimal roles • Advancing pace of development of automation models for repetitive work • Increasing development of Machine Learning models • Increasing level of comfort in interacting with automated systems
  • 18.
  • 19. DAO as a financial services automation model
  • 21.
  • 22. Self driving cars – changing societal fundamentals
  • 23. 3.5 million truck drivers in the USA 150 million full-time-equivalent jobs in the USA Only 2% of total employment, but: “The potential saving to the freight transportation industry is estimated to be $168bn annually” due to self driving trucks • Goldman Sachs, https://www.cnbc.com/2017/05/22/goldman-sachs-analysis-of-autonomous-vehicle-job-loss.html But… Unemployment could rise by 7%, due to the cascade- effect of truck driver unemployment (service industries, net loss to economy).
  • 24. Hope: Emergent opportunities in a disrupted world
  • 25.
  • 26.
  • 27. TensorFlow: A model for machine-guided risk modelling
  • 28.
  • 29. IAG Firemark Ventures and Stone & Chalk Welcome you to: A Masterclass in “The disruptive impact of automation” Keynote presentation by: • Alex Taylor (Entrepreneur in Residence, Firemark Labs) Panellists: • Tiberio Caetano (Co-Founder and Chief Scientist at Ambiata) • Stephanie Brownlee (R&D – Faethm.ai) • Alex Taylor (Entrepreneur in Residence, Firemark Labs) Moderator • Michael Dovey (IAG Firemark Ventures)