A discussion group on technology was held at the Global Insurance Forum at the InterContinental Hotel Berlin, Germany on July 9th & July 10th, 2018.

Peter Banthorpe, Managing Director, UK, RGA

Patrick Schmid, Vice President, RiskBlock Alliance, The Institutes

Suzy Scanlon, SVP, Global Information Technology, RGA 

Mercedeh Firoozbakht, Reinsurance Underwriter, Amin Reinsurance Company

Emerging technologies present fascinating opportunities, but as with all new developments, they also create challenges. Throughout human history, we have always been able to learn & adapt & these new technologies afford us the chance to do so once more.

Balvinder Singh Sohi, Senior Risk Consultant, Allianz Global Corporate & Specialty

Use of drones or unmanned aircraft systems (UAS) is increasing as the technology keeps evolving. A drone at the present time cannot replace a Property Risk Consultant in undertaking pre-loss property insurance surveys; however, there are some areas where they can provide some assistance. The following potential uses of drones within property risk consulting have been identified in this paper: 

Kevin Angelini, Head of Strategy and M&A, APAC, Zurich Insurance Company

Robert Haibi, VP National Marketing Manager, AIG

Alistair Lester, Global Head of Facultative, Faber Global

Kathryn Cox, SVP & President, Protection Division, Protective Life

The products offered by life insurers help consumers plan for and achieve financial and retirement security. This is honorable and good, yet industry research continues to show that less than half of middle market consumers between ages 25 and 64 have individual life insurance coverage in America. This is despite the fact that these same consumers recognize the impact that would result from the loss of a primary wage earner.