09:00 - 10:00 Registration & Networking
10:00 - 10:05 Welcome to BrokerFest 2022 featuring 'Insurance2025'
A short welcome speech by the Chair
Katie Scott, Editor, Insurance Times
10:05 - 10:30The Unfinished Business of Digitalisation in the Insurance Industry
Despite all of the talk about digitalisation in recent years coupled with the effort driven by Covid, insurers are still lagging behind other industries. The problem lies at the core of enterprise architecture of some insurers. While there have been advancements in some areas of insurance, others are falling behind.
Tara Foley, CEO, AXA Retail
10:30 - 11:00Insurance Industry’s Role in Delivering Net Zero and Building Sustainable Business Models
Following last year’s COP26 in Glasgow, the insurance industry is under more pressure to deliver net zero by 2050 as part of the government’s plans. Financial services industries are often criticised by climate protest groups for sponsoring industries that are more polluting than others. The insurance industry has a critical role to play in delivering net zero. In 2021, eight of the world’s leading insurers made a commitment to transition their portfolios to a net-zero greenhouse gas (GHG) emissions by 2050. To deliver net zero and combat climate change, insurers will have to embed the net-zero ambition in the core of their business models and set ambitious targets. What are the current initiatives and approaches by the industry and can they deliver sustainable business models?
Catherine Dixon, Chief Underwriting Officer, Allianz
Huw Evans, Partner, KPMG
Ben Howarth, Manager, Climate Change and Open Data Policy, ABI
Jason Richards, Country President and CEO UK&I, Swiss Re
11:00 - 11:30 The Consolidation in the Broking Industry: Are there any more players to be bought?
Despite the pandemic crisis, the consolidation in the broking market has continued with no signs of stopping. The M&A activity has been largely driven by the amount of private equity capital in the broking market. A lot of small brokers have disappeared and with them their books of business and client relationships. Merging different internal cultures and way of working could be daunting to staff but could also present opportunities. With the prospect of a few big brokers dominating the broking market, is there any room left for more consolidation in the market in the next few years? Will there be any more small players that can be bought out and what will that mean for the whole industry outlook?
Phil Bayles, Chief Commercial Officer, Ardonagh Advisory
Mike Edgeley, Group CEO, Clear Group
Janthana Kaenprakhamroy, CEO, Tapoly
11:30 - 12:00Refreshment & Networking Break
12:00 - 13:00 On Demand Sessions