Insights from AM Best’s Annual Europe Insurance Market Event
AM Best is gearing up for its much-anticipated Europe Insurance Market and Methodology Briefings on November 7, 2024. This event will unfold at etc.venues St. Paul’s in London, running from 8:30 a.m. to 4:30 p.m. (GMT). A standout feature of the day will be a keynote presentation from Paul Brand, the Group CEO of Convex Insurance. His talk, titled 'Beyond the Numbers - A Carrier's View', is expected to give invaluable insights into the shifting landscape of the insurance industry.
The Influence of Emerging Technologies
As technologies advance, particularly those driven by artificial intelligence (AI), significant changes are taking place in the insurance realm. An expert panel, including Dimitri Zampetas from Atradius N.V., Dr. Renzo Giovanni Avesani of Leithà S.R.L., Gabriella Engstrand from Accelerant, and other industry professionals, will explore how these advancements impact underwriting and claims management.
Challenges and Risks Facing the Insurance Sector
The conversation will also tackle casualty catastrophes and new liability risks alongside technological advancements. Topics will cover concerns over forever chemicals and climate-related lawsuits, emphasizing the necessity for stress tests against the increasing complexity of these risks. Attendees will learn how these issues influence the global reinsurance market.
Scheduled Sessions for Learning and Networking
The afternoon session of the briefing will focus on benchmarking analysis for EMEA insurers. Participants can look forward to a thorough examination of how the IFRS 17 accounting standard affects insurance carriers. Additionally, AM Best will share insights into how it assesses cyber exposures and protections in its rating methodologies.
Event Details and Highlights
The doors for the Insurance Market Briefing will open at 8:30 a.m. GMT, with sessions kicking off at 9:00 a.m. After the initial market briefing, there will be a networking lunch, followed by the Methodology Briefing at 2:00 p.m. This year, AM Best is also incorporating an innovation exhibition into the event, in partnership with Lloyd’s Lab.
How to Sign Up for the Event
If you’re interested in attending this important event, you can find more details and register by visiting the official AM Best conference website. It’s a fantastic chance to learn from industry leaders and connect with peers in the insurance field.
About AM Best: AM Best serves as a global credit rating agency, news publisher, and data analytics provider, focusing on the insurance sector. The firm operates in over 100 countries and has regional offices in cities such as London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City. For more information, please visit their official website.
Frequently Asked Questions
What is the goal of AM Best’s Europe Insurance Market Briefing?
The event aims to shed light on the evolving dynamics of the insurance market, highlighting emerging risks, advancements in technology, and industry standards.
Who will be the keynote speaker?
Paul Brand, the Group CEO of Convex Insurance, will deliver a keynote presentation titled 'Beyond the Numbers - A Carrier's View'.
What main topics will be discussed at the event?
Key topics will cover the influence of AI on underwriting, issues of liability risks, casualty catastrophes, and new challenges that insurers must navigate.
How can I sign up for the event?
You can complete your registration through the official AM Best conference website, where further details about the event schedule and speakers are also available.
What sets AM Best apart in the insurance industry?
AM Best is well-known for its credit ratings and analytics that specifically target the insurance field, enhancing transparency and providing vital insights.
