Agenda for EIF2018, 24 October, 2018. The agenda is always subject to change due to any unexpected issues that may arise for speakers.
THEME: CRAFTING AN INDUSTRY FOR A MODERN VISION
08:00 - 09:00
Registration & networking refreshments
09:00 - 09:10
Opening remarks & welcome from Kevin Thompson, CEO, Insurance Ireland
09:10 - 09:25
Ireland, Europe and Beyond
Political Representative to be confirmed
09:25 - 09:30
09:30 - 09:50
Industry keynote: "Insurance on the sidelines of a consumer and societal revolution"
Barry O’Dwyer, CEO, Standard Life
09:50 - 10:35
Making innovation real in insurance
Emerging technologies and innovations are beginning to transform the insurance landscape as they enable new ways to measure, control, and price risk, engage with customers, reduce cost, improve efficiency, and expand insurability. This has produced enormous opportunities for established insurers to modernize, create new insurance products and services, and shake up their business models. It has also led to the emergence of many new innovative startups and partnerships seeking to significantly enhance the way insurance has traditionally been assembled, purchased, and experienced. Increasingly, our industry is being compelled to strategize about ways to innovate in response to changing dynamics.
Accenture will lead this session with a presentation followed by a panel discussion.
Brona Magee, Head of Client Solutions, SCOR Global Life
Deeksha Joshi, Managing Director in Corporate Strategy and Research at Liberty Mutual Insurance
Fergal Collins, CEO, Aon Centre for Innovation and Analytics (ACIA)
10:35 - 11:05
11:05 - 11:40
Human Capital, the Most Overlooked Asset Class: trends, challenges and opportunities
The panel will be asked to consider four broad areas:
How is having 5 generations in the workplace changing the shape of the workplace, polices, procedures, technology and human interactions?
Is the social environment changing habits?
Why does insurance come out bottom of career choice for many graduates?
Claudine Macartney, Executive Vice President & Chief Human Resources Officer AIG, USA,
Jenny Minogue, Chartered Organisational Psychologist – Insurance Supervision at Central Bank of Ireland
Helen Tynan, Director of People Operations for Google in Ireland
MODERATOR: Valarie Daunt, Partner – Human Capital, Consulting, Deloitte
11:40 - 11:55
A cross Atlantic view
Don Forgeron, President and CEO of IBC (Insurance Bureau of Canada)
11:55 - 12:25
Shifting gears to fundamental transformation of the insurance industry
Connected-car technologies are being adopted quickly; according to research by the automotive consultancy Secured By Design (SBD), they are expected to become standard in automobiles by 2020, at the latest.
There are a growing number of players in the connected car ecosystem: car manufacturers, telecommunications firms, sensor and chip manufacturers, digital-platform giants like Amazon and Uber, academic institutions, standards-making bodies AND insurance companies.
This panel session will review how this evolving ecosystem will disrupt the insurance industry and whether there are opportunities to unlock new sources of profit.
Dr. Finbarr Murphy, senior lecturer in Quantitative Finance, Department of Accounting & Finance, University of Limerick
12:25 - 13:00
Insurance Ireland Council Chairs Panel
The II councils drive the II agenda. With SII bedded in is now the time for serious strategic reflection? There have been many changes over the last 10 year. Should companies be looking at industry equity rather than brand equity? How does Ireland fair in the battle for capital?
Ann Kelleher, CEO, Ark Life Assurance
Aidan Holton, SCOR
Debbie O’Hare, Chief Executive Officer, Hannover Re, Ireland
Donal Clancy, Executive Director, MD Laya Healthcare
John Quinlan, CEO, Aviva Ireland
13:00 - 14:10
Dining Hall, Trinity College
14:15 - 15:00
Global Leader keynote: A history of the future – the world in 2025
Jeremy Rifkin, consultant and advisor to governments and the EU and political and societal commentary, will examine emerging trends in science and technology, and their impacts on the environment, the economy, culture, and society.
Author, ‘The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism’
15:00 - 15:15
Innovation & Technology: the company perspective
“… the insurance business is Jurassic,…. organisations are like dinosaurs, if we don’t disrupt ourselves, we’ll be disrupted.”
Fin Goulding, International CIO of Aviva
15:15 - 15:45
15:45 - 16:00
A look to the future through the eyes of the Regulator
Derville Rowland, Director General (Financial Conduct), Central Bank of Ireland
16:00 - 16:35
Regulation: consistent regulation of an innovative insurance market environment
This panel will cover:
Cyber risks – managing own exposure and insuring others.
Proportionality and innovation: how to ensure appropriateness and consistency (limiting regulatory burden to allow for innovation and not harm small market participants)?
Innovative ways to manage the regulatory challenge – new ways to compliance.
Social Media, social scoring and personal data – implications for the insurance industry (underwriting, claims handling, publically available vs. restricted data, customer signaling).
16:35 - 16:40
16:40 - 17:15
Leaders Panel - review and wrap-up
The leaders panel will be requested to reflect and project: they will reflect on what they have heard sofar and they will give their perspectives on how the future will look.
MODERATOR: Darren Maher, Partner and Head of the Financial Institutions Group, Matheson
17:15 - 17:20
Closing remarks from Kevin Thompson, CEO, Insurance Ireland
POST CONFERENCE ENTERTAINMENT
17:30 - 18:45
Private tour of the Book of Kells followed by a cocktail reception in the Old Library, Trinity College
19:00 - 00:01
Insurance Ireland's Annual President's Gala Dinner