AI and Automation in Insurance

Get an overview of the newest capabilities for Insurers and MGAs introduced in the latest release of IVANS Exchange. IVANS Exchange provides Insurers and MGAs with a single location to manage your agency download services, measure download adoption against industry average benchmarks and increase data-driven insights on agency partner download opportunities.

Although first-party property insurance is a standard part of virtually every commercial enterprise's risk management portfolio, many provisions continue to elude easy understanding. In many cases, risk managers and general counsel do not discover how the coverages for which their companies have been paying premiums for many years actually work (or do not work) until a major loss or damage to property occurs, at which time it may be too late to address any issues or fill in any gaps in coverage.

Addressing the impacts of climate changes means fundamental reforms to key sectors in the economy. Meeting the UK’s Carbon Budget target of a 78% reduction in CO2 emissions by 2035 will require considerable investment across the economy, including c£0.8trn on energy efficiency in buildings and 30,000 new electric vehicle charge points needed each year to meet the 2030 date for phasing out sales of non-EV vehicles. This session looks at how this rapid transformation will impact insurance markets, exploring both how the sector will have to evolve its products and practices and where insurers can drive this by incentivising behavioural change and working collaboratively with customers and the sector’s supply chain.

Higher education interest in cyber insurance continues to grow in response to high-profile data breaches making headline news. Today, coverage exists for a variety of potential losses and liability caused by cyber risk, yet the market is evolving and nonstandard. Join us for this webinar to learn more about cyber insurance: what it is, what it covers, and how to incorporate it into your institutional risk management and information security practices.