July 18, 2017
Greetings from London
by Paul Carroll
This week’s note will be short, because most of our team is in London for the International Insurance Society’s 2017 Global Insurance Forum, and there’s a lot going on. The event, always one of the most important of the year, has attracted nearly 600 senior industry executives and thought leaders from around the world, and we don’t want to miss any chances to connect with such influential people as they seek to better understand innovation opportunities.
ITL is honored to be a global sponsor and introduce the Innovator’s Edge intelligence platform, tracking more than 1,600 insurtech innovators from around the world.
The conference agenda includes speakers and panels that are exploring a wide range of strategic issues, from perennial industry challenges, such as the competition for talent and creating opportunities in developing markets, to new and emerging issues like the potential impact of Brexit on the London insurance market, the ability to drive growth via insurtech innovation and the implications of genomics on insurance.
Roy White, CEO Specialties, Marsh UK, said during a panel discussion on Brexit that new technology and innovation from the insurance industry are top customer priorities and matter more to the buyer than where an insurer is based. In other words, there is both an opportunity and a threat—depending on whether you’re the one looking to move into a new geography or the one finding yourself having to defend turf you think you own.
We’ll surely have more to report next week. In the meantime, if you’re at the IIS meeting, please stop by our suite. If you’re elsewhere in town, let’s see if we can’t meet.