Digital Insurance Connect 2024

August 26 - 28, 2024

Rancho Bernardo Inn, San Diego CA

Day One MONDAY AUGUST 26, 2024

Unleashing Innovation in Digital Insurance: What Are The Next Steps?

11:00 am - 11:50 am WELCOME LUNCH & CONFERENCE REGISTRATION FOR ALL ATTENDEES

11:40 am - 11:50 am SOLUTION PROVIDER ORIENTATION

11:50 am - 12:05 pm WELCOME REMARKS & ICEBREAKER

Randi Greenberg, Digital Insurance Connect, Program Director

12:05 pm - 12:15 pm CHAIRPERSON’S OPENING REMARKS

12:15 pm - 12:35 pm OPENING KEYNOTE: Generative AI: Evaluating The Risks and the Rewards For The Insurance Industry

Jerry Gupta - Senior Vice President, P&C/R&D, Swiss Re

There is no doubt that Gen AI had proven to be a major disruptor and its adoption is growing at an explosive rate. As generative AI changes ways your company does business, it’s important to understand the creation of new risks for your organization, your business partners and your digital supply chains. As a risk adverse industry, we need to take a step back and get a true understanding and have a clear focus on the risks that lay ahead.

Jerry leads thought leadership in the areas of cyber, data, and digital transformation at Swiss Re and is a firm believer in the revenue-generating potential and AI and machine learning.

  • Setting policies and establishing frameworks to utilize AI across the organization
  • Creating reliable model training to avoid inaccurate or unreliable output
  • Mitigating vendor risk management
  • Considering the unintended AI-based actions
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Jerry Gupta

Senior Vice President, P&C/R&D
Swiss Re

12:35 pm - 12:55 pm KEYNOTE: Bridging the CX Gap: Meeting Your Customers Expectations (and Exceeding Them!)

There is a crucial way to look at digital transformation that we too often forget—delighting our customers with a great customer experience. This is your chance to build connections with customers and win their trust (and their business). Lack luster CX provides an opportunity to raise the bar and be more forward-thinking for an increasingly digital-first insurance customer. This session provides the pathways to top CX approaches.

  • Understanding exactly where your CX problems lay in the customer journey
  • Improving claims and payment processing (even in legacy systems)
  • Making transactions more digital (and more user-friendly)
  • Boosting self-service tools and adding personalization to allow for easier transactions

12:55 pm - 1:25 pm KEYNOTE PANEL: Setting the Stage for AI: Empowering the Use of AI Now and In the Future

Scott Campbell - SVP, Chief Client Experience and Corporate Communications, American National

Leveraging artificial intelligence is not just a competitive advantage; it's a necessity to sustain growth. In order to introduce AI to your organization there has to be a clear understanding of AI strategies and a plan in place to foster organizational readiness. These panelists, at different stages of integration of AI, discuss the pitfalls, required pivots, and successes they’ve achieved while driving innovation with the use of AI within their organizations.

  • Getting executive buy-in and adopting the correct metrics to prove ROI
  • Choosing where to utilize AI throughout the organization
  • Selecting the right AI solutions
  • Fostering the right environment to adopt AI usage by both employees and customers
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Scott Campbell

SVP, Chief Client Experience and Corporate Communications
American National

1:25 pm - 1:55 pm NETWORKING BREAK: Afternoon Energizer

Go ahead and do some more meet ‘n greet with your fellow attendees while you get geared up for the rest of today’s sessions!

1:55 pm - 2:25 pm INNOVATION HOT SEAT: The Next Insurtech to (Actually) Innovate Your Ecosystem

Marcus Rohlfs - Scouting Director, State Farm

For several years, we saw the effect of the insurtech unicorn. We witnessed a lot of hype and money being funneled into great ideas that were primed to revolutionize the insurance industry. But, in practice, the majority didn’t live up to the hype and the last six months of 2023 saw a severe slowdown in funding to the insurtech business.

But digital transformation is an imperfect science and speeds along as market demands change and new technology continues to advance. During this session, leaders of innovation give insight into what they think is the next wave of tech that will ignite transformation and generate real returns. But bring your questions, too – this session is meant to discuss ideas and see what’s in everyone’s pipeline!

Learn what technologies can be relied upon to:

  • Optimize business models
  • Leverage powerful data and analytics models
  • Improve risk models
  • Ease transactions for your customers—policyholders, brokers, and agents
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Marcus Rohlfs

Scouting Director
State Farm

2:30 pm - 3:00 pm Business Meetings

3:05 pm - 3:35 pm Business Meetings

2:30 pm - 3:00 pm THINK TANK: Risky Business: New Technologies to Build Better Cyber Resilience

Every year, the cost of insurance fraud grows exponentially. This year, the FBI estimates it will cost the market over $100 billion. In a more digital world where the customer wants answers fast and your organization certainly doesn’t want to slow down the customer service, there are technological tools to implement that can lessen the risk of fraud. Find out what other organizations are implementing, and understand what methodologies might work best for you.

  • Discovering policyholder behavior patterns using advanced analytics
  • Utilizing Natural Language Processing to speed up claims processing
  • Scanning incoming claims to check for suspicious markers
  • Using the correct data sources to discover fraud as early as possible
  • Detecting and preventing fraud using technologies such as, AI, IoT and blockchain

3:05 pm - 3:35 pm CASE STUDY: Embracing Emerging Technologies to Create Dynamic Pricing

Customer expectations, lower usage of cars, wearables – they all create a more focused look at the state of pricing in the world of insurance. Insurers need to adapt to the new normal and explore what the future of insurance pricing looks like. Learn more about the expedient methodologies to attract new customers and retain the customers who may be looking for a less expensive option.

  • Using real-time pricing and policy adjustments through IoT data monitoring
  • Introducing the use of AI/ML model to lower premiums and gain a competitive advantage
  • Increasing efficiency with blockchain and smart contracts

3:35 pm - 4:05 pm NETWORKING BREAK - Elevate & Caffeinate

Take a breather, grab a snack or two, add a jolt of caffeine, and network with your peers.

The roundtable discussions offer a deeper dive into the specific areas you want to discuss. Literally pull up a seat to learn from other executives and share your own experiences.

Sign up on site early to make sure you get a seat at your preferred roundtable.


Table #1: Serving Small and Medium Size Businesses: What Do They Need Most Now?

Led by: Basilios Manousogiannakis, Vice President, Alternative Distribution, AMERISAFE

 

Table #2 Making The Customer Journey More Intuitive

Led by: Vanessa Smiley, SVP, Operations, EPIC Insurance Brokers and Consultants


Other possible topics include:

  • New Revenue Opportunities: The Rise Of New Products And Value-Added Services
  • Supercharging A/B Testing For a Better Digital Experience
  • Customer Touch Points—Where Are You Dropping The Ball?
  • Cultivating Trust: How To Gain Customer’s Trust In Turbulent Times
  • Partnerships For Better Service and a Larger Market Share 
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Basilios Manousogiannakis

Vice President, Alternative Distribution
AMERISAFE

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Vanessa Smiley

Senior Vice President, Operations
EPIC Insurance Brokers and Consultants

4:55 pm - 5:25 pm Business Meetings

5:30 pm - 6:00 pm Business Meetings

4:55 pm - 5:25 pm FIRESIDE CHAT: Blockchain And The Network Effect: How We Work Together To Make Smart Technology A Reality

Blockchain has the potential to give rise to one of the greatest and most transformative impacts on digital insurance. But, in order to get there, a strong network to share valuable information securely must be created. In this fireside chat (where questions are welcome!), find out how these carriers are introducing blockchain into their organizations – and how companies working in tandem can benefit the entire insurance ecosystem.

  • Defining the financial benefits to key stakeholders
  • Working through potential integration challenges with legacy systems
  • Optimizing security and transparency of data from past transactions
  • Understanding the full scope of benefits with black chain in place: Task automation, accurate risk rating, fraud reduction, and claim payments accomplished quickly and at less cost 

5:30 pm - 6:00 pm OPEN FIRESIDE CHAT: The Pitfalls and Ethics of Generative AI: Leveraging AI While Keeping Brand Integrity Intact

Generative AI has a lot of potential for business outcomes, but it also has the potential to add more risk. In this open fireside chat (we want your opinions!), we’ll discuss the ethical issues and risks that the surround data privacy, SEO and your workforce.

  • Avoiding data privacy violations
  • Being transparent regarding workforce concerns when introducing AI innovations
  • Validating output and avoiding concerns about copyright

6:00 pm - 7:00 pm CALIFORNIA DREAMIN’ COCKTAIL RECEPTION

Sip on West Coast-inspired cocktails, enjoy an array of light bites and soak in the coastal vibes at our California Dreamin' reception. Join us for an evening of laid-back luxury amidst the stunning backdrop of the Rancho Bernardo!

Sponsored by Ringba