February 2024, Amplified – Lunar Landings, AT&T Outage and Carrington Events, Mr. Cooper and Cyber Attacks, and Root

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 130 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Guest
David Gritz

David Gritz is an InsurTech community leader, public speaker, and InsurTech advisor. He has been featured in recognized Insurance media including Carrier Management, Digital Insurance, IIR, AM Best TV, and the Re/Image Podcast. David is the co-founder of InsurTech NY, the largest InsurTech community in the NY metro area. David also serves as a strategic advisor to high-growth InsurTechs to help them go from concept to scale. Previously David has served as the Director of Innovation for the Silicon Valley Insurance Accelerator (SVIA) and has led product at Zero, a behavioral safety focused InsurTech acquired by EverestRe. He holds a J.D. from the Mitchell Hamline School of Law and business and industrial engineering degrees from Lehigh University.

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In another thought-provoking episode of “This Month, Amplified,” ⁠David Gritz⁠, co-founder and Managing Director of ⁠InsurTechNY⁠, shared his personal connection to the awe of space and the societal benefits of looking beyond our immediate surroundings for inspiration. He reflects on the technological feats required for space exploration, emphasizing the importance of precision in life support, launch protocols, and the physics of space travel.

The conversation also addresses the challenges and opportunities presented by modern technology. David discusses a recent AT&T outage as a cautionary tale about the vulnerabilities of our digital infrastructure and the need for robust testing and maintenance protocols. He further explores the ramifications of data privacy and cybersecurity breaches, using the incident at Mr. Cooper as a case study to underscore the urgency for individuals and companies to safeguard digital information.

A significant focus of the discussion is on the transformative potential of data-driven policies in the insurance industry, illustrated by the success of Root Insurance. David outlines the journey of an insurance company from startup to profitability, highlighting the necessity of patience, innovation, and adaptation to emerging challenges.

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