Paul Donnelly

By Paul Donnelly, Global Head of Insurance at Version 1 . Consider a woman in Lyon who survived cancer four years ago. She is healthy now, back at work, ready to buy her first apartment. Under the Loi Lemoine , the insurer providing her mortgage protection cannot ask a single medical question: the property is an ordinary home, the loan will be repaid within her working life, and that is that. Her brush with illness, the very data point that would once have doubled or tripled her premium, is...

By Paul Donnelly, Global Head of Insurance at Version 1. An underwriter can spend a third of the day answering emails that never become policies. Not pricing risk or structuring terms or making the judgment calls carriers pay for, but responding to informal broker queries about what might happen if a case were submitted. For Paul Donnelly, that reality explains why so many AI strategies in insurance feel upside down. Donnelly has spent more than 20 years in financial services and insurance...