How Are Insurance Carriers Leveraging AI to Create Superior Customer Experiences?

It’s either strategic planning season at your company or it soon will be. For insurers, strategy time means renewed, intensified focus on underwriting appetite. Simply put: what business will you strive to win for the next 3-5 years? Many senior line, territory, and segment leadership teams probably won’t discuss much else this summer and fall. But do you have the data to start that discussion? Can you recognize emerging opportunities for profitable growth? Are you relying mostly on your current book or chasing the most recent headline in lieu of having the best information?

As cyber threats evolve the way insurers evaluate risks and the coverages offered are also developing. In this session, Steve Whelan of Verisk, along with guest speakers Danny Arnett of AIR and Annamaria Landaverde of Munich Re, will address emerging cyber threats, trends in cyber insurance coverage, and solutions for evaluating cyber risks.

Insurance companies face revenues erosion due to cyber threats. The advent of digitization has led to an increased demand for companies to protect themselves from data leaks since hackers and network failures pose greater risks to confidential data and operations. HUB Security is thrilled to host a panel of experts to discuss the key issues and solutions at our online event, "Cyber and Insurance: Threats & Solutions" on July 14th at 12 pm (EST). The panel will consist of Cyber and Insurance experts from leading companies (Scor, Gallagher, Tokio Marine HCC, Virtual I, SecurityScorecard). Discussions will focus on the present cyber threats and the ways they affect the economics of cyber insurance, as well as on key questions such as: What are the benefits of risk management insurance? Why is it so difficult to qualify for insurance? What are the challenges of filing a claim? Why are insurance premiums so high and what can be done about it? What are the future trends in cyber insurance?

This webinar will discuss successful Al adoption strategies with minimal business disruption for immediate business lift in just weeks. There will be discussion on this tailored approach and effective management of four core pillars - people, process, technology and data.