Australia: David Farrer, CTO of insurtech firm BAIS, Explains Benefits of Cloud-Based Platforms for Brokers

“Brokers and underwriting agencies have typically not had the scale to make significant investments in upgrading technology solutions, making it hard for them to deliver the benefits this can bring to their clients.” That’s the view of David Farrer, the new CTO of insurtech firm BAIS and a firm believer in technology’s ability to streamline insurance workflows. With more than three decades’ worth of experience in roles including data processing manager, software consultant and business analyst, Farrer said that he “brings a depth of experience across a range of technology sectors, as well as a strong grasp of insurance and financial services” to the role.