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David Howland, Chief Marketing Officer at Earnix, shares valuable insights on Artificial Intelligence (AI) and Analytics for transformative business outcomes. He delves into 5 key learnings that every insurance carrier should closely pay attention to.

Robert Pick, EVP & CIO at Tokio Marine North America, dispels insurance technology myths and explores aspects that may seem daunting for insurers. He also delves into how insurers can transform the industry, outlines key success requirements, and explores ways to make it all work.

Will Murphy, VP Technology Solutions Alliances at Guidewire, discusses the accelerating pace of change in insurance. He explores strategies for improvement, speed, and cost reduction. Additionally, he elaborates on the Earnix and Guidewire partnership, emphasizing its coherence and benefits.

Ruth Fisk, Head of Business Development at Earnix, moderates a panel discussing how carriers can define, predict, benchmark, measure, track, and report on the ROI and impact of change management.

The insurance industry is feeling the impact of climate change, prompting insurers to reevaluate their strategies. They're wrestling with the necessity for new models that don't solely rely on historical data to anticipate and manage risks resulting from changing weather patterns.

Our 2023 Industry Trends Report revealed that many insurers consider collaboration crucial, ranking it as one of the top drivers of innovation, placing third on the list of workforce strategy priorities.

The pandemic had a significant impact on many workforce dynamics and has likely permanently changed the ways employees work, collaborate, and view their relationship with their employer.

The potential effects of climate change are already forcing insurers to reevaluate their policies to reflect new weather patterns. They must develop new models not necessarily based on historical data to project and mitigate new risk levels.

According to the findings of our 2023 trends report, personalization remains a clear priority for insurance executives and leaders. However, the majority of carriers have not yet fully executed their envisioned strategies. Many identify data privacy and competitors’ offerings as the primary challenges hindering their personalization efforts.