supply Chain Risk and resilience Forum

November 29-30, 2022 | USA

supply_Chain_Risk
The supply chains have become the multi-structural dynamic systems vulnerable to disruptions with a significant impact on entities business and performance. In modern times, supply chain risk management is used to identify the potential sources of risks, their possible influences and propagation trough the supply chain as well as to plan and implement appropriate actions in order to remove, reduce or mitigate supply chain disruptions.
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Spotlight

Digital technology destroys value. That might sound counterintuitive given the extent to which it can make business systems more efficient and companies are urged to embrace its many possibilities. Yet new McKinsey research shows that although digital technology propels some companies to become clear market winners, for many more its impact depletes corporate earnings and the overall value of an industry. Consumers, not companies, are often the ultimate winners. So it is likely to be in insurance. For a long time, the traditional insurance business model has proved to be remarkably resilient. But it too is beginning to feel the digital effect. It is changing how products and services are delivered, and increasingly it will change the nature of those products and services and even the business model itself. We firmly believe that opportunities abound for incumbent insurance companies in this new world. But they will not be evenly shared. Those companies that move swiftly and decisively are likely to be those that flourish. Those that do not will find it increasingly challenging to generate attractive returns.


OTHER UPCOMING CONFERENCES

Claims & Risk Management Working Group

October 19-20, 2022 | USA

Connect with fellow Council members in a non-competitive setting while gaining insights from industry thought leaders and collaborating with peers on solutions to shared challenges.
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WOMEN IN INSURANCE TECH CONFERENCE

September 8-9, 2022 | USA

Women in Insurance Tech Conference will bring insurance industry decision-makers together in person, both men, and women, to learn lessons, forge strategies, and tackle the biggest digital transformation challenges encountered by the insurance sectors. With two days precisely designed agenda, the conference will invite the most influential women leaders from the leading insurance companies to enlighten the technological disruption through modes like AI, ML, Big Data & IoT.
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INSURANCE TECH CONFERENCE

September 8-9, 2022 | USA

Transforming your insurance business has become a need of the hour! New situations and scenarios have allowed insurance companies to break conventional barriers and start thinking differently to transform their businesses.
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Insurtech and ESG: Creating Resilience and Sustainability

August 24, 2022 | Australia

The insurance industry has long been in the vanguard of understanding and managing risk and has served as an important early warning system for society by amplifying risk signals. Through loss prevention and mitigation, by sharing risks over many shoulders, and as major investors, the insurance industry has protected society, shaped markets and underpinned economic development. Today, the risk landscape is rapidly evolving, spawning new and complex risks that threaten our increasingly scarce nature-based assets and undermine our common future.
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Spotlight

Digital technology destroys value. That might sound counterintuitive given the extent to which it can make business systems more efficient and companies are urged to embrace its many possibilities. Yet new McKinsey research shows that although digital technology propels some companies to become clear market winners, for many more its impact depletes corporate earnings and the overall value of an industry. Consumers, not companies, are often the ultimate winners. So it is likely to be in insurance. For a long time, the traditional insurance business model has proved to be remarkably resilient. But it too is beginning to feel the digital effect. It is changing how products and services are delivered, and increasingly it will change the nature of those products and services and even the business model itself. We firmly believe that opportunities abound for incumbent insurance companies in this new world. But they will not be evenly shared. Those companies that move swiftly and decisively are likely to be those that flourish. Those that do not will find it increasingly challenging to generate attractive returns.

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