Agenda

08:30

08:50

CAT RISK - LOOKING TOWARDS THE FUTURE

09:00

  • Why is innovation important and how do we develop a strong innovation culture?
  • How will Brexit impact the market
  • How embracing new technologies and approaches can aid the industry’s development 

09:30

  • Recent success stories from public and private sectors to increase insurance penetration
  • How to use InsurTech to increase insurance penetration
  • Towards the future: How to encourage greater growth for different products and perils in different countries 

10:10

10:40

  • Tools to aid and automate
  • Streamlining of processes
  • Artificial intelligence utilisation 
  • Pros and cons of adoption 
  • New quantifications of risk? 
  • Overall impact to the organisation

11:20

  • Managing the demands 
  • Mistakes made and how can we correct them? 
  • Analysing frailties of CAT models in light of recent events 

11:50

For thought leaders and solution providers, this is an exclusive opportunity to interact and engage with key decision makers. To learn more about sponsorship opportunities and how to get involved in facilitating the interactive round table sessions, contact info@aventedge.com
 
Roundtable A 
How to augment existing models into an enterprise exposure management platform  
Roundtable B
Improving your internal view of risk through alternative risk and model approaches 
Roundtable C
The dangers of geocoding engines, and how this can be interpreted  
Roundtable D 
Pitfalls of embracing automation, machine learning and AI within the exposure management function  
 

12:30

Model Comparison Session

01:30

  • Introduction and overview of the model evaluation
  • What are the best ways to evaluate and validate a model? Are there even guidelines

02:00

  • CAT model results and findings
  • Examining comparisons from the results by model provider

02:30

  • Comparing outcomes from the scenarios and its impact on risk management
  • Interpreting modelled losses from actual events, and factors driving output discrepancies 
  • What to do when models disagree and what this means for risk-based decision making

03:30

03:50

  • Lessons learnt from recent events: How do they sit within the models?
  • Scenario analysis, model testing, and interpretation of tail-events 
  • What to do when models disagree and what this means for risk-based decision making 

04:30

  • Provide a wrap-up of the day, and point the way to Day Two

04:40

08:30

08:50

CAT RISK - REVIEW AND ANALYSIS OF WORLDWIDE RISK

09:00

  • Comparing current and possible “new-generation” approaches to managing this multiperil destruction – data, methodology etc.
  • Should we have been applying loss amplification to the updated models
  • The models interpretation of construction quality over time

10:00

  • Lessons learnt from Cyclone Debbie – How did our models fare
  • The impact of flood from the event, and the challenges in modelling
  • Modification of current models 

10:25

  • Comparing models to managing this multiperil destruction
  • VTAR interpretation to better understand devastating losses 
  • Aggregation management of Caribbean risk

11:05

CAT MANAGEMENT – UNRAVELLING MODELS

11:35

  • Assessing ways to test model sensitivity robustly 
  • Real examples of model differences for the same portfolio 
  • Improving current approaches and tools for future needs 

12:00

  • How have available models performed? What more can be done?
  • Analysing areas of the world where we have the data and knowledge to build models and areas we don’t – which areas need flood models and for what use 
  • A look at future areas of development that modelers are focused on and how these enhancements will improve flood models going forward

01:10

02:10

  • What have we learnt from the 2017 California Wildfires?
  • Ensuring insurers better understand their risk exposure
  • Have wildfire models progressed? How do they stack up when aligned against recent events? 

CAT RISK 2025

03:00

For thought leaders and solution providers, this is an exclusive opportunity to interact and engage with key decision makers. To learn more about sponsorship opportunities and how to get involved in facilitating the interactive round table sessions, contact info@aventedge.com

Roundtable A
Alternative exposure management methodologies to aid senior management 
Roundtable B
How geo-demographics can be utilised to create risk segmentation 
Roundtable C
Implementing Robotic Process Automation (RPA) into your existing workflow 
Roundtable D 
How to underwrite dynamically and create portfolio optimisation 

03:40

04:00

  • Have the proliferation and price of different types of complex transfers of risk made the task of single account, portfolio risk, and group perspective unmanageable? 
  • How do you interpret and understand the net reinsurance position in real time?
  • How is reinsurance buying changing the focus of risk management?

04:40

  • Overcoming challenges in building internal natural hazard models 
  • Tactics that can be applied to the vulnerability module

05:05

  • Provide a wrap-up of the day and whole conference