27 April 2021Insurance

Biggest online underwriting event of the year to welcome 1000+ attendees

Over 1000 underwriters are expected to attend  Underwriting Innovation Europe, the largest online gathering of European underwriters, which takes place from June 28-30, 2021.

The virtual conference runs across three days and is free for insurers to attend. Run by Intelligent Insurer, it features over 40 speakers from across the insurance ecosystem: personal lines, commercial lines, brokers, and new entrants. Over 80 percent of those currently signed up for the event are from insurers.

Speakers include chief underwriting officers, chief digital officers, chief distribution officers, chief cyber officers and senior underwriting experts from companies including Zurich, SCOR, Swiss Re and Munich Re.

Among those appearing are: Louise Smith, chief digital officer at Lloyd’s; Gareth Hemming, managing director for personal lines at Aviva; Elena Rasa, chief underwriting officer at Zurich; Thierry Daucourt, head of property and casualty (P&C) commercial lines at AXA European Markets; Jerome Jean Haegeli, group chief economist at Swiss Re; Jürgen Reinhart, chief underwriting officer for cyber at Munich Re; Renaud Ambite, chief technical and distribution officer for single risk at SCOR P&C; and Herbert Baeten, chief underwriting officer at MS Amlin.

Covering the core issues impacting the underwriting function, day one of the event will focus on data and analytics—specifically, how underwriters are leveraging external data to make better decisions, while simultaneously reconfiguring internal data to overcome silos and foster a data-driven culture.

Smith will feature in a keynote session titled COVID-19 as a Catalyst for Changes in Digitisation, Coverage and Culture.

Automation, digitisation, and customer-centricity are the key themes for day two. Senior underwriting speakers will demonstrate how to drive efficiency and transform operations, with a special focus on using automation to triage submissions more effectively. Other topics include customer-centricity, and how underwriters can play a role in reducing friction and improving the customer experience.

On day three, the focus will shift to the evolving landscape in terms of new risks, the global economic climate and shifts in power along the value chain. Speakers will be addressing how underwriters can stay ahead through product innovation, especially for intangible risks. The final few hours of the event are dedicated to the growing cyber threat, with keynotes from C-level executives.

Sponsored by kasko2go, ABBY, RavenPack, Cytora, Hyperscience, Wenalyze and CyberCube, this event is free for insurers to attend. Content will be available on demand post-event at no extra charge.

Hemming said: “The way in which we use data, analytics and ingenuity to improve the process of underwriting and claims is critical, but too often we focus on what it can do for us as an industry - I am interested in how we can use it to improve the outcomes for our customers as well improve our own performance.”

Speaker Alina Jipa, head of analytics at RSA, said: “I decided to speak on the Deploy Automation to Triage Submissions More Effectively and Write More Business panel, as I believe in today’s economic climate driving efficiencies through automation is no longer a nice to have, but something we need to explore and implement more widely in insurance.”

Haegeli said: “A lesson from COVID-19 is that supply chains go from efficiency to resilience and the re/insurance sector plays a key role in this transition. COVID-19 was a wake-up call for risk awareness. New risk pools have emerged, and the re/insurance industry needs to contribute to closing existing protection gaps.”

Helen Raff, head of research at Intelligent Insurer, said: “Underwriting is undergoing massive transformation, so it’s hardly surprising that Intelligent Insurer has been able to attract so many senior underwriters to this online event. The seniority of the speakers is a real draw to attendees.”

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