08:40

Registration and Coffee

09:10

Chairperson’s welcome and introductions

09:25

KEYNOTE: A CEO perspective: Opportunities and challenges for the future of the insurance industry

10:10

Brexit: challenge or opportunity for the UK insurance market

  • What impact will loss of passporting have on insurance businesses from a business and commercial perspective?
  • How could UK insurance regulation change post-Brexit?
  • Does the opportunity for the UK to agree its own trade deals create an opportunity for the UK insurance industry?

10:55

Morning refreshments

11:25

Breakout sessions

A choice of one of the following options

Breakout option 1: GDPR impact across the insurance industry

  • The new rules on profiling
  • The new right of data portability
  • The new right of erasure
  • Data breach notification
  • Cybersecurity Directive: Examining the responsibility with compliance
    • risk assessment
    • impact on management and  IT departments

Breakout option 2: The senior insurance manager’s regime: A year on

  • Allocating responsibilities and strengthening accountability
  • Governance map and scope of responsibilities
  • Conduct standards in the PRA rulebook

12:10

Breakout sessions

A choice of one of the following options

Breakout option 1: Trends in insurance distribution platforms

  • The broker as the major distribution channel
  • FCA work in this area
  • What are the new distribution platforms shaking up the industry?

Breakout option 2: Big data – transforming the insurance industry

  • The uses of big data: from pricing to risk selection to claim management and product development
  • Automating the data management of underwriting
  • Driving down the premiums on insurance policies

12:55

Lunch

13:40

The role of the insurance lawyer in the business

  • How can you proactively help to enhance the business?
  • How do you fit within the rest of the business?
  • Interacting with colleagues and making sure they understand your function
  • The evolving role of the GC and the implications in the compliance function
  • The role of legal in product development and innovation

14:25

Bringing fintech innovation and blockchain technology to the insurance market

  • Addressing the challenges of legacy systems
  • An emerging threat: new competitors from start ups, and manufacturing, utility and telecoms companies
  • Using blockchain technology – streamlining payments of premiums and claims
  • Is the insurance industry willing and ready for blockchain?

15:10

Afternoon refreshments

15:40

Mitigating, anticipating and managing your business’s risk

  • Understanding your business’s risk appetite
  • The triangle: legal, compliance and risk. Are they all responsibility of the legal function?
  • Fergus Speight General Counsel & Company Secretary, Royal London Group
  • John Abramson General Counsel and Head of Compliance, Travelers
  • Frances Coats Chief Counsel - Corporate & Commercial, Towergate Insurance

16:25

Insurance act 2015 – A broker and insurer perspective

  • The key changes: presentation of risk, warranties and proportionate remedies
  • A more continual involvement of the broker
  • Late payment of insurance claims – practical examples and tails
  • Will 2017 see the practical impact of the Insurance Act 2015?

17:10

Chairperson’s closing comments followed by drinks and canapé reception

Please note the agenda is subject to change*

The page will be updated with further details on the agenda once they are confirmed.