Burgess & Bolton Weekly Wrap-up
Jul 3, 2026 · 38 min · 9 segments
This week we talk about: 👥 Reflections from TINtech Data Jam 🚵♂️ Tour de France time ➡️ Claims ⚽⚽⚽⚽⚽⚽ Tune in Live at 12noon or catch us on your podcasting service provider.
Ben BoltonHost
Jeremy BurgessHost
So he's talking a bit about they picked up the headline around drone and AI warfare and how does insurance cover that because it's completely different from conventional warfare where it builds up and you have pauses and attacks and then insurers can kind of take pauses and re-rate things and re-work the pricing and do all sorts of things, I suppose.
A bit like they did early on in the war with Ukraine around grain and stuff like that.
He's saying that with AI, these wars are now kind of almost on a continuous, you know, building way and they don't stop.
So you can't and you don't know what's going on because it's the software that's driving me, almost driving the whole thing.
So he said we're very we've really got to work out a complete reimagining of conflict risk.
Yeah, we seem to be, you know, every country in the world is reconfiguring its defence spending now to be invested in drones of some shape or form.
No, I was just going to say that's, it's almost... symptomatic of the way that risk is changed.
And it's probably the most pointed one because, you know, but, you know, as technology evolves, it's going to really impact all sorts of areas of our lives that are currently or have been traditionally, you know, underwritten in a certain way.
no i don't and i think there is a i mean we wrote a report last year which patrick tin and contributed to actually which was about the value of the broker but was more broadly about the need for innovation to close the protection gap and patrick tin and recognizes that here and talks about the protection gap is growing and um he said that You know, we're in a risk environment unlike any other in history, and we're very unprepared, underprepared, sorry.
And that really relates to insurance having to really now innovate and think a lot more than it perhaps currently is.
So he's talking a bit about they picked up the headline around drone and AI warfare and how does insurance cover that because it's completely different from conventional warfare where it builds up and you have pauses and attacks and then insurers can kind of take pauses and re-rate things and re-work the pricing and do all sorts of things, I suppose.
A bit like they did early on in the war with Ukraine around grain and stuff like that.
He's saying that with AI, these wars are now kind of almost on a continuous, you know, building way and they don't stop.
So you can't and you don't know what's going on because it's the software that's driving me, almost driving the whole thing.
So he said we're very we've really got to work out a complete reimagining of conflict risk.
Yeah, we seem to be, you know, every country in the world is reconfiguring its defence spending now to be invested in drones of some shape or form.
No, I was just going to say that's, it's almost... symptomatic of the way that risk is changed.
And it's probably the most pointed one because, you know, but, you know, as technology evolves, it's going to really impact all sorts of areas of our lives that are currently or have been traditionally, you know, underwritten in a certain way.
no i don't and i think there is a i mean we wrote a report last year which patrick tin and contributed to actually which was about the value of the broker but was more broadly about the need for innovation to close the protection gap and patrick tin and recognizes that here and talks about the protection gap is growing and um he said that You know, we're in a risk environment unlike any other in history, and we're very unprepared, underprepared, sorry.
And that really relates to insurance having to really now innovate and think a lot more than it perhaps currently is.
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