Discover(Re)thinking insurance
(Re)thinking insurance
Claim Ownership

(Re)thinking insurance

Author: WTW

Subscribed: 28Played: 345
Share

Description

In (Re)thinking insurance we discuss the issues facing P&C, Life, and composite insurers around the globe, as well as exploring the latest tools, techniques and innovations that will help you to re-think insurance.
74 Episodes
Reverse
In this episode of (Re)thinking Insurance, Pardeep Bassi, Global Head of Data Science, talks to Mani Heer about overcoming the challenges in deploying open source effectively.
In this episode of (Re)thinking Insurance, Suky Mann is joined by James Tanser to discuss their view on how firms have responded to conduct related regulations across pricing, as well as a look to the future and how things may change in this space over the next 12 months. 
Life insurers have built up large blocks of policies that represent in-force business. They want to manage these blocks efficiently and profitably. A number of factors such as low interest rates, expense pressures, aggressive competition and stakeholder expectations have increased company focus on in-force management. Mark Mennemeyer is joined by Mary Bahna-Nolan, Nik Godon, Nathan Hardiman and Sam Keller to discuss the opportunities for improving performance of in-force portfolios.
Advanced analytics

Advanced analytics

2024-08-1225:59

In this episode of the (Re)thinking Insurance podcast, Scott Gibson is joined by Laura Doddington and Lauren Finnis to explore advanced analytics in the insurance industry. They discuss findings from WTW’s recent advanced analytics survey, highlighting how nearly 50 North American P&C insurers are leveraging analytics. Despite strong leadership commitment, progress has stagnated since 2021 due to IT bottlenecks and data challenges. The discussion covers practical applications of machine learning in document processing and risk assessment, and identifies areas where analytics can enhance operations, such as claims management and distribution strategies. The speakers emphasize the need for a clear roadmap, robust data infrastructure, and collaboration between analytics and business teams, underscoring the importance of sustained effort and strategic planning to fully integrate analytics into organizational culture.
In this episode of (Re)thinking Insurance, Mark Mennemeyer is joined by Gerard Anderson and Muhammad Amjad to take a fresh look at capital risk appetite and internal model calibrations. They examine the challenges and implications of recent dramatic shifts in interest and swap rates, highlighting the importance of robust internal model calibrations and scenario testing to manage potential volatility.
In the second of two special episodes focused on WTW’s global IFRS 17 study, Kunj Maheshwari is joined by Kamran Foroughi and Anshul Garg to examine the results of WTW’s recent insurance analyst survey. They explore the responses from analysts - both sell and buy side, equity and debt – on aspects of IFRS 17 the analysts liked, did not like and wanted to improve; as well as how IFRS 17 affected their decision making. This episode also discusses the differences seen across various regions and geographies and finally shares some key takeaways for those insurers adopting later on the implementation of IFRS 17.
In the first of two special episodes focused on WTW’s global IFRS 17 study, Kamran Foroughi is joined by Teresa Murphy and Urvi Nagda to examine key findings from the global disclosure analysis for the full year 2023. In addition to sharing how the analysis of the disclosures for 89 insurers and reinsurers globally was conducted, they explore key takeaways, and provide their perspectives of what actions organisations should be taking moving forwards.
In this episode, Steve Cox joins our host for this episode, Sina Thieme, to discuss some of the key factors and challenges affecting the UK household insurance market.
What’s driving the growth in the current MGA market and should insurers allow underwriters to write both direct and delegated authority business? In this episode of (Re)thinking Insurance, Anand Patel is joined by Jonathan Aubrey-Smith and Paul Higham to discuss the impact on MGA growth in a fluctuating market.
In this episode, Chris Halliday is joined by James Clark, a partner at DLA Piper, to discuss AI regulation and the impact it will have, and is already having on insurers.
In this episode of (Re)thinking Insurance, Jenelle Cherrie is joined by Donna Cowell and Jonathan Richards to discuss the implementation of Consumer Duty and the obligations that insurance companies have to ensure good customer outcomes. They explore the changes they've seen in the market so far, some of the challenges insurers are facing complying with the Duty as well as the benefits that instilling a customer centric culture can bring to organizations.  
In this episode, Charlie Samolczyk is joined by Laura Doddington and Lauren Finnis to discuss the topic of the moment for insurers; AI and machine learning.
In this episode, our host, Charlie Samolczyk, is joined by Mark Brown and David Pond to discuss the challenges that insurers are currently facing in the financial modeling space and what actions can be taken to address them.
As regulatory pressures and scrutiny from stakeholders continues to grow, having an Environmental, Social and Governance (ESG) strategy in place has become more and more important. What steps can insurers take to develop an ESG strategy that aligns with their overall business goals, as well as incorporate ESG factors into their wider risk management frameworks and investment portfolios? In this episode of (Re)thinking Insurance, Sina Thieme is joined by Niamh Carr and Mike Wilkinson to discuss how insurers can develop and implement an effective ESG strategy, as well as share their advice on getting started.
In this episode, recorded live on stage at the European Insurance Leaders Forum, Charlie Samolczyk is joined by Iain Whittingham and Magdalena Ramada to discuss what ‘Dynamic Products’ are, and how they impact insurance.
In this episode, our experts take a comprehensive look at registered index-linked annuities.
As the global life insurance industry continues to undergo significant change, Chief Risk Officers (CROs) have an increasingly pivotal role to play in ensuring their organizations adapt. With new regulation being introduced, arising external environmental changes and evolving risks – what are the biggest issues facing the risk function in 2024? In this episode of (Re)thinking Insurance, Mark Mennemeyer is joined by Philip Tervit and Niamh Carr to explore the top ten key challenges for CROs in the year ahead; from Climate risk and Model risk, to making sense of IFRS 17 and ensuring their risk framework is operating effectively.
In this episode, Charlie Samolczyk is joined by Chris Bird and Charles Carwin to discuss the trends and themes they have seen in the P&C capital modeling market.
Organizations with effective portfolio management are able to bring together all the functions under a cohesive strategy to deliver against their business plans. And critical to this is portfolio managers turning data into meaningful insights to support better underwriting decisions. In this episode of (Re)thinking Insurance, Hjoerdis Gerke is joined by Paul Higham and Anand Patel to discuss how commercial insurers can implement portfolio management strategies and empower underwriters in making informed decisions in line with that strategy.
In this episode, Charlie Samolczyk is joined by Louise Smith and Taffy Jo Mayers to discuss the future of digital trading and distribution. 
loading