Discussion Group Report: Technology
A discussion group on technology was held at the Global Insurance Forum at the InterContinental Hotel Berlin, Germany on July 9th & July 10th, 2018.
This group discussion covered as digitalization continues to spread, technology is becoming increasingly important and a central element for operational as well as strategic processes in insurance companies. There are different perspectives that have to be brought up in a discussion on technology within the overall area of innovation transformation in the insurance industry. While the first day was designed to give an overview of the situation on technology-driven innovation and its impact on the structure of the insurance industry, the second day went further by discussing concrete examples and actions taken by regulators. It is impossible to capture the richness of all comments and statements in this brief summary, but it is intended to give an overview and might help to jog the participants’ memories.