peter zaffino

Zaffino argues current LLM capabilities — data extraction, coding velocity, agent orchestration — are already sufficient to transform insurance underwriting, claims, and portfolio management, with 10x execution speed improvements achievable now.

Zaffino envisions a future operating model where underwriters manage fleets of AI agents alongside human teams, with data flowing directly into digital workflows without human intermediation, fundamentally changing the insurance value chain.

Zaffino explains that earthquake insurance pricing reflects aggregate exposure limits relative to balance sheet capacity, not just probability models, and that multi-peril regions like California face constrained capacity due to correlated wildfire and quake risks.