The Insurance Summit 2020

September 14-18, 2020 | USA

The Insurance Summit is hosted by the National Association of Insurance Commissioners (NAIC) and the National Insurance Producer Registry (NIPR). This premier event brings together innovators and regulators to explore the future of insurance regulation.

Spotlight

As a form of cyber extortion, ransomware is malicious software that gains access to files or systems and blocks user access until the victim pays a ransom in exchange for a decryption key. It has become a serious issue as the number of attempted intrusions and successful attacks as well as the size of ransom demands have trended sharply higher in recent years. Cybercriminals are also deploying sophisticated approaches to extort their victims, including threats to release sensitive information or take down a firm’s website if the ransom is not paid. The development of the ransomware-as-a-service (RaaS) business model has supercharged this field of cybercrime and enabled threat actors, even with limited technical IT skills, to launch highly disruptive attacks.


OTHER PAST CONFERENCES

The Future of Insurance Europe 2022

October 18-19, 2022 | Netherlands

Insurance is evolving. Paper to digital, protection to prevention - these transformations will touch every aspect of the industry. As tech development exceeds innovation capacity, an agile, future-focused strategy has never been more critical. Customers expect a perfectly tailored journey, and the technology behind all of this progress can cause more headaches than it solves. But with disruption comes opportunity. Place innovation at the heart of your business to fully leverage cutting-edge technology Cut loss ratios and enhance efficiency with next-gen data strategy and legacy transformation Prime for the future and achieve unrivalled growth with flexible, customer-centred services and offerings

Embedded Safety & Security Summit (ESSS) 2022 - Virtual Conference

June 15, 2022 | USA

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Bring Efficiency, Speed and Transparency to Claims to Deliver a Seamless Customer Experience

July 11-13, 2022 | USA

A variety of macro-economic and social trends, whether it be the proliferation of digital solutions available to consumers, severe business disruption caused by the COVID-19 pandemic or the newly coined “Great Resignation”, have all resulted in the spotlight shining clearly on the claims world. The customer experience of filing and pursuing an insurance claim is largely one of delay, confusion, and frustration. Multiple, often time-consuming, points of contact have resulted in a customer journey that appears outdated—acutely so when juxtapositioned against the largely digitised world of near-instantaneous customer satisfaction consumers expect elsewhere.

Insurance Claims for Damage to Aircraft or Engines

September 6, 2022 | USA

Lessors need to actively involve themselves in lessee insurance claims. The lease agreement normally has a higher standard than minimum requirements for airworthiness when it comes to repairing accidental damage and lessors need to be aware of their rights to refuse to agree with insurance settlements that may result in a lower value for the aircraft. When is a payment of a total loss unacceptable for a lessor and when should a lessor object to an insurance company settlement offer for a repair? This course will elaborate on the lessor’s rights regarding lessee insurance claims for damage to aircraft and/or engines and it will help them navigate the negotiation process with the insurer when needed. Participants will get familiarized with what they, as a lessor, should have in the lease to ensure that they do not pay out for improper claims.

Spotlight

As a form of cyber extortion, ransomware is malicious software that gains access to files or systems and blocks user access until the victim pays a ransom in exchange for a decryption key. It has become a serious issue as the number of attempted intrusions and successful attacks as well as the size of ransom demands have trended sharply higher in recent years. Cybercriminals are also deploying sophisticated approaches to extort their victims, including threats to release sensitive information or take down a firm’s website if the ransom is not paid. The development of the ransomware-as-a-service (RaaS) business model has supercharged this field of cybercrime and enabled threat actors, even with limited technical IT skills, to launch highly disruptive attacks.

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