InsureTech Connect Las Vegas is the world's largest insurtech event - offering unparalleled access to the most comprehensive and global gathering of tech entrepreneurs, investors, and insurance industry incumbents. Over the course of three days, the insurance industry will convene to showcase new innovations, to learn how to increase productivity and reduce costs, and ultimately to enrich the lives of policyholders. The superlative networking, with tens of thousands of meetings, is one of the hallmarks of an ITC event.
Celent will be presenting a half day of unique and exciting panel discussions on Tuesday prior to the official event opening. It's free to any registrant of ITC. If you haven't already registered, we’ve got some great discounts available. If you work at a carrier we can offer a significantly reduced price. If you work for another kind of organization, we can offer you $400 off the list price. Reach out to Karlyn Carnahan (kcarnahan@celent.com) to find out more.
During this half day workshop session Celent will moderate an afternoon of insightful panel discussions which will provide optics into key areas of trending interest in today’s Insurtech space.
We will focus on the state of insurtechs, advances in digital distribution, the move to the cloud, the changing role of MGAs and of course, generative AI. It is certain to be an informative afternoon with an awesome group of panelists for each session sharing their current thoughts and vision for future.
Meet thought leaders and leave with deep insight into the forces shaping the industry. Understand the competitive landscape and the mindset of entrepreneurs and incumbents alike!
Our afternoon session agenda:
Celent Tech Connect: Unleashing the Future of Insurance
October 15, 2024
1:00 – 1:45 The 2025 Outlook for Insurtechs
With an economic “new normal” setting in after the past two years of turbulence across the business world, insurers find themselves farther down the path of digitalization than they were in the early days of insurtech. But there’s still lots of work to do. What are the most ripe areas for digitalization along with savvy startup partners? And how will VCs identify which new entrants are worth investing in early and later rounds next year? Celent will host a panel of investors and Insurtech leaders seeking answers to these questions.
Moderator: Nathan Golia, Senior Analyst
Panelists:
- Clive Thompson, SVP, Treaty Broking, Guy Carpenter
- Sarah Kim, Partner, Centana Growth Partners
- Nicole Gunderson, Principal, ManchesterStory
- Josh Cohen, Director, Liberty Mutual Strategic Ventures
1:50 – 2:35 What’s Next: Near Term Evolution of Gen AI’s Value Propositions
The implementation of generative AI in the insurance industry has the potential to revolutionize profitability and expense-ratios. By leveraging advanced algorithms and machine learning techniques, insurers can generate personalized and accurate risk assessments, leading to more precise underwriting decisions and reduced claims costs. Additionally, many insurers are already realizing dramatic efficiency gains in CX processes by automating routine tasks, enabling insurers to focus on value-added services and improving customer retention. The future of insurance automation looks promising with the integration of generative AI, in this session we will discuss what is on the horizon for the game-changing technology.
Moderator: Keith Raymond, Principal Analyst
Panelists:
- Barbara M. Stacer, AU-M, AU, AINS, Vice President, Director of Enterprise Business Solutions & Process, Utica Insurance
- Alex Williams, Chief Digital Officer, Mission Underwriting Managers, LLC
- Patti Kolodziejczyk, Chief Technology Officer, CNO Financial
2:45 – 3:30 Maximizing Value from Insurance Cloud Migration
It’s no longer a question of whether insurers should put their core-systems, applications, data, and analytic tools in the cloud. The current question is: “How best to migrate to cloud and drive value”. The focus of this panel discussion is how insurance carriers should think about their cloud migration journey from core systems and beyond. During this discussion, leading cloud service providers, and insurers will come together to explore the challenges, best practices and lessons learned for migrating to the cloud with a focus on effectively managing value.
Moderator: Jaspaul Saini, Principal Analyst
Panelists:
- Leila Kagawa, Chief Transformation Officer, HEMIC
- Rao Tadepalli, Chief Information Officer, Slide Insurance
- Hemanth Sundararaj, Global Financial Services Leader, Microsoft
3:35 – 4:20 Meeting the Digital Needs of Agents: Today and in the Future
While disruptions to distribution, accelerated by COVID-19, forced long term structural shifts in the sales process, third party distribution remains the primary battleground for insurance sales. Customers expect an omnichannel experience and value having access to agents/advisors. However, the digital infrastructure that links carriers to agencies to policyholders has long been defined by legacy processes and band-aid solutions that aren’t available at scale. Our panelists will share how they adopted new technologies like Generative AI and other digital tools to help agents growth their business and better serve their customers.
Moderator: Karen Monks, Principal Analyst
Panelists:
- Karthik Balakrishnan, Ph.D, Chief AI and Analytics Officer, Cover Whale
- Andrew Morse, Director of Innovation, Andover Companies
- Farooq Sheikh, Global Head of Banking, Insurance and Healthcare, Unqork
4:25 – 5:00 MGAs with Delegated Authority: Technology and Growth
MGAs are an increasingly important part of the general insurance ecosystem. Are the roles played by MGAs today changing or stable? How has technology enabled the growth of MGAs to the present? And how will MGAs use technology in the next few years? We will seek answers from a panel of MGA leaders.
Moderator: Donald Light, Director
Panelists:
- Max Aronchick, Managing Director, InsurTech Center of Excellence Leader, Guy Carpenter
- Rich Pluschau, Chief Information Officer, Falcon Risk Services, an HDI company
- Brett Saternus, Vice President, Risk and Underwriting, Rhino