What’s Going On? Reality check: AI and pricing in production

About this event

Insurance has spent the last few years talking about AI as well as pricing automation and transformation. But for many firms in the London Market, the real question is no longer what these technologies might do in future. It is what is already working in practice today, where it is delivering value, and what that means for underwriting, operations and pricing.

That matters because the market is moving from experimentation to execution. New technology is now being deployed across core insurance workflows, while pricing teams are under increasing pressure to move beyond spreadsheet-based processes and adopt infrastructure that can handle larger datasets, faster model updates and more scalable decision-making.

This event, hosted by InsTech in partnership with Google, V7 and Optalitix, will focus on what is live now rather than what is still hypothetical. The discussion will look at where a new generation of technology has already been implemented across insurance, what benefits customers are seeing, and what lessons others can take from those deployments.

There will be two sessions that will explore how AI is being used, and how insurers are modernising their pricing capability to implement new technology and future-proof their business for AI:

1. AI in insurance: The session with V7 will explore practical examples of AI workflows already in production across the global insurance market, including use cases in submissions, risk engineering, exposure management and claims.

Key topics will include:

• where in the insurance value chain AI is being most heavily deployed
• what measurable value it is creating
• what the deployment of agentic AI means in practice for insurance workflows

2. Pricing modernisation: Optalitix will demonstrate how significant new product upgrades allow their clients to modernise their pricing capabilities, speeding the move towards cloud-based platforms, scalable, Big Data infrastructure and more flexible analytics environments that support better and faster underwriting and pricing.

Key topics will include:

• how insurers are moving from spreadsheet-based pricing to modern pricing stacks using the latest cloud and data technology
• the infrastructure needed to scale analytics, analyse pricing data and make better pricing decisions
• how insurers can separate proven deployments from market hype

Join us in King’s Cross on 7 May for an evening of discussion and networking with speakers from Google, V7 and Optalitix.

This event is for corporate InsTech members,  insurers, brokers, MGAs, pricing leaders, innovation teams, operations specialists and technology decision-makers who want a clearer view of what is genuinely being implemented across the market today.

Interested in attending? Register below.