Articles - Insights to prepare for the future of underwriting in Europe


Due to a rapidly changing world, the insurance market is evolving at an unprecedented rate. As such, it is essential, now more than ever, for underwriters to quickly understand new and changing risks and to keep up with the pace of emerging technological tools. With claims increasing, the market hardening and capacity shrinking, large and small carriers are actively seeking to leverage innovation and reshape processes to address loss ratios and remain profitable.

 Prepare for the future of underwriting
 
  
 Free whitepaper: How Technology And Innovation Are Transforming Underwriting In Europe
  
 Being slow to embrace transformative tools will cause underwriters to lack efficiency and be unproductive, and ultimately risk becoming unprofitable as they lose market share to their more technologically advanced competitors.
  
 So how can underwriters tackle new risks, improve efficiency, and stay ahead of the curve within a rapidly changing insurance landscape, where new and unheard-of tools continue to emerge and require new skillsets?
  
 Intelligent Insurer hosted a conference in June exploring how to develop underwriting systems that are fit for the future, and to dissect how technology and innovation are set to revolutionise ‘the norm’, while also uncovering core issues surrounding innovation integration in underwriting.
  
 You’ll access candid and timely insights from:
 
 • Tony Buckle, Chief Underwriting Officer Corporate and Specialty, Allianz Global Corporate & Specialty
 • Elena Rasa, Chief Underwriting Officer, Zurich
 • Herbert Baeten, Chief Underwriting Officer, MS Amlin
 • Charlotte Halkett, Chief Commercial Officer, Bought By Many
 • Louise Smith, Chief Digital Officer, Lloyd’s
 • Tendü Yogurtçu, Chief Technology Officer, Precisely
 • Renaud Ambite, Chief Technical and Distribution Officer, Single Risk, SCOR P&C
 • Thierry Daucourt, Chief Commercial Lines Officer, AXA European Markets
 • Hugh Hessing, Founder, H 160 Consulting
 • Emma Kirby-Kidd, Customer Success Director, Blue Prism
 • Paul Bantick, Head of Global Cyber & Technology, Beazley
 • Marisa Murton, Director and Principal Data Scientist, Solvlab Analytics
 • Tony Boobier, Author of “Analytics for Insurance: The Real World of Big Data”
 • Andy Gill, Head of Connected Mobility, Siemens AG
 • Tom Hoad, Head of Innovation, Tokio Marine Kiln
 • Carl Berriman, Head of Personal Lines Product Delivery, LV=
 
 You’ll acquire practical advice on:
 
 • How underwriters can effectively leverage data and analytics for a competitive edge.
 Recognise how Artificial Intelligence and Machine Learning are useful tools allowing underwriters to utilise granular, unstructured data from third parties and how automation improves efficiency by optimising underwriting.

  
 • How underwriters can harness automation and digitisation to drive growth and productivity.
 Consider how digitisation supports operational excellence by radically reducing the time spent on manual administrative tasks and allowing the reallocation of time to build better client relations, resulting in improved customer service.

  
 • How to better anticipate emerging risks and understand the changing role of the underwriter.
 Recognise how the underwriting value chain is set to evolve and the new skills and techniques necessary to support product innovation and to remain competitive and profitable.

  
 • How to address the new distribution landscape and review the importance of a cultural shift.
 Evaluate the new skillsets and mindsets needed to become the underwriter of the future and understand how underwriters need to adapt, beyond the use of technology and advanced innovative tools.

  
  
 For more information contact:
  
 Ruth Anidugbe
 Senior Conference Producer
 Intelligent Insurer
 Direct Line: +44 (0)203 301 8212

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