Patrick Smyth

Patrick Smyth is a managing director in the financial services advisory practice at PwC, with more than 20 years of insurance and investment management industry experience. He has held management roles in both operations and finance within a Fortune 100 organization.

Most Recent

Why to Simplify Corporate Structures

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Insurers' corporate structures tend to be complicated. Simplifying them can reduce effort while raising capital.

All Articles

How to Find Capital, Operating Efficiencies

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P&C companies and HMOs may find efficiencies if they increase their use of intercompany reinsurance.

Modernization: Finance Faces New Pressure

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Internal demands for analysis and external demands for reporting are soaring -- but so is the need to cut spending on the finance function.

Six Things

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Beware the Algorithm!

By Paul Carroll

Lawyers and consumer advocates are demonizing algorithms any time a decision goes against a policy holder. Let's talk about them less.

How to Navigate Social Inflation

Facing increasingly complex claims, insurers must modernize, shift their cultures to prioritize efficiency and empathy, and seek legal reforms. 

1

Managing Loss Control With Location Intelligence

By combining historical aerial imagery, property condition data, and AI, insurers can optimize underwriting, inspections, and fraud reduction.

2

A Practical Approach to AI in Insurance

Insurers can use AI to solve specific problems without causing major disruptions.

3

AI in Insurance: Balancing Innovation and Caution

AI's potential to transform insurance clashes with the industry's risk-averse nature, creating a complex landscape for insurers to navigate.

4

Why Obesity Rates Won't Stop Rising

The government must partner with organizations and insurers to increase the availability of obesity medications.

5

How Business Rules Engines Can Slash Time to Market

The systems streamline the management of business rules, letting insurers adapt swiftly and efficiently without the need for intervention by IT. 

6

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