Economy

Exploring Innovative Solutions to Enhance Underwriting Profitability: An Event for Insurers to Gain a Competitive Edge

More than 250 senior executives and underwriters are set to attend Underwriting Innovation Europe 2023, a two-day event taking place on June 6–7 in London. At the American Square Conference Centre, attendees will explore the challenges re/insurers face in grappling with the macroeconomic climate, increasing premiums yet reduced capacity, changing distribution models and fast-moving technology.

Hosted by Intelligent Insurer, the event will feature 40+ senior speakers from RSA, Zurich, AXA, Generali, Aon, ERGO and Descartes. The agenda will cover a variety of topics, from how to write tougher classes of business and mastering the integration of third-party data, to how better to align broker interests, helping clients navigate the hard market, and leveraging data, technology and innovation.

Helen Raff, director–event portfolio, Intelligent Insurer, said:

“It’s not a secret that the underwriting market is changing at a rapid pace. Technological advances are moving the space forward and underwriting executives are starting to recognise the necessary tools to avoid being left behind in a previously manual space.

“But despite these moves forward, significant and new challenges remain: new and complex risks are emerging throughout different lines, data issues continue to permeate the space, and macroeconomic factors are having a drastic impact on risk assessments and claims. Although technology is slowly being embraced, it’s difficult to keep up with the ever-changing technological landscape.”

The Underwriting Innovation Europe 2023 event is set to provide attendees with the networks, insights, and knowledge needed to progress their careers and drive the evolution of the re/insurance industry. 40+ CEOs and CUOs from some of the biggest European insurers will speak at the event, examining the unique risks and opportunities underwriters must grapple with when making strategic decisions around underwriting, portfolio management, and leveraging technology and innovation.

The post Exploring Innovative Solutions to Enhance Underwriting Profitability: An Event for Insurers to Gain a Competitive Edge first appeared on BusinessMole.

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