You joined us and met the risk managers from global companies and the providers of some of the most innovative solutions in data and analytics helping the insurance community measure and manage risk.
You heard from Kroll, Reask, S&P Global Market Intelligence and Reask on stage and had the chance to talk to many similar companies in our audience.
We reviewed case studies and examples from all of our speakers who discussed sensors, early flood warning, climate modeling, business interruption, violent risks and parametric insurance. Our risk managers, brokers and insurers discussed their current needs and areas of focus.
Programme included –
Fighting the war on risk – stories from the front line – our panel of risk managers Scott Feltham, from Compass Group, Cleo Curl from Landsec and Susan Young from R&Q Insurance Holdings Ltd discussed information gathering, property intelligence, reputation risk, supply chain, use of generative AI and more.
Avoiding underinsurance – commercial property valuation in 2023. Discovered how risk managers can get accurate assessments of rebuild costs for property and equipment at cost-effective alternatives to on-site assessments. Matthew Donahue, MD Kroll, Rozhan Mak, Product Manager Kroll and Frederick Gentile MBE, Director of Risk Engagement at WTW shared the latest news on the launch of the Property Rebuild Assessment Service for risk managers.
Parametric insurance – a risk manager’s playbook. We reviewed what this emerging solution offers corporate risk managers. New data sources from companies like Reask enable insurers to offer parametric products triggered by location-specific information, so organisations can manage their natural catastrophe risk. Heard from Reask‘s Head of Parametric Products David Schmid, Head of Relationships Stephanie Powell and Swiss Re Corporate Solutions’ Head of Parametric Nat Cat Martin Hotz.
Here comes a flood. How alerts and sensor data are being used to help corporates mitigate flood risk Previsico’s Co-founder and COO, Dr. Avi Baruch and Ben Fox, Digital Product Manager at Liberty Special Markets, discussed examples of how early warnings have been helping companies reduce losses.
Trouble ahead – social unrest and supply chain risk. Removal of fuel subsidies, water shortages, and changes to pensions. Carla Selman, Head of Latin America Country Risk, S&P Global Market Intelligence revealed the tools available to identify property-level risks from political unrest and violence around the world.
Heared from Google’s Head of International Insurance, Ali Quinlivan on her Journey to Risk Manager.
MAPTYCS® CEO and Co-founder Jacqueline Legrand spoke about how risk managers use the company’s platform to visualise property risk exposure today and in the future.
And finally, Richard Cutcher, founder of Captive Intelligence gave a view on how the risk manager and captive world compare to insurance in its use of new technology.
This event was supported by Kroll, Previsico, Reask and S&P Global Market Intelligence.
Continuing Professional Development (CPD)
InsTech is accredited by The Chartered Insurance Institute (CII). By attending an InsTech Evening event, you can claim up to 1.5 CPD hours towards your CPD scheme.
Let us know you attended the event by emailing [email protected] and if your organisation is a member of InsTech, you will receive a quarterly summary of the CPD hours you have earned.
The Learning Objectives for this event were:
- List some of the benefits brought to the insurance industry by evolutions in data, analytics and technology
- Describe a range of different ways that technology can be used in risk management
- Summarise at least one case study of how companies are using emerging technologies in sensors, early flood warning, climate modeling, parametric insurance and/or claims
Please take a minute to fill in this short CPD feedback form and let us know what you thought of this event.
