Location: Hilton Charlotte University Place, 8629 Jim Keynes Drive
For More Information contact Tom Marshall at 704-687-7641 or email insurtech@uncc.edu
To Register Online: Click here
8:30 am Registration and networking breakfast
9:00 am Welcome and Opening Remarks, David Marlett
Director of the Brantley Risk & Insurance Center
9:10 am InsurTech: The Financing of Innovation, Transformation and Disruption
Introduction: Greg Niehaus, Department Chair, USC
Speaker: Bob Hartwig, Clinical Associate Professor, Finance Department and Director, Center for Risk and Uncertainty Management
Billions of dollars have financed hundreds of InsurTech start-ups in recent years, but how much of this investment can be considered truly innovative, transformational or disruptive? Is the insurance industry and its value chain fundamentally threatened by InsurTech? Are we really building a better mouse trap? Are today’s students and young practitioners of the art and science of insurance today prepared to lead change from within or will they be displaced by Silicon Valley usurpers? This presentation will provide insights as to the promise of InsurTech while at the same time suggesting that the immutable laws of statistics and economics—along with the uncertainty of politics and regulation—could act as tempering forces.
10:00 am Panel: Innovation in Operations
Moderator: Faith Neale, UNC Charlotte
Panelists: Greg Moore, Reinsurance Broker, Willis Re
Aubie Knight, CEO, Independent Insurance Agents of NC
Brian Tajlili, VP, Chief Actuary, Blue Cross Blue Shield of NC
Panelists will discuss leveraging insurtech in distribution in the following areas: independent agency, MGA’s, small commercial insurers and excess and surplus lines. InsurTech use in other operations such as claims will also be covered. Speakers will discuss current trends and applications including artificial intelligence, the internet of things, telematics and the use of big data in health insurance.
10:55 am Networking Break
11:10 am Speaker: Ray Lynch, InsurTech Vertical Lead, Liberty Mutual, New York
Ray Lynch is responsible for Liberty Mutual’s growth with alternative distribution partners and will discuss topics around technology integration (APL/XML), key players in the space and Liberty’s efforts to leverage those efforts across their IA channel as well
12:00 pm Buffet Lunch
12:35 pm Lunch: Introductions by Thomas Marshall
Welcome by Steve Ott, Dean, Belk College of Business
Speakers: Commissioner Mike Causey and Dr. Michelle Osborne
1:05 pm Speaker: Tom Wimberly, Groundspeed Analytics, Atlanta
Tom will be discussing the Insurtech marketplace overall and Groundspeed’s role in delivering a new layer of information to the industry. At the heart of Groundspeed’s solution is a proprietary machine learning technology which extracts and defines claim, exposure and policy data from all file types, to automate manual processes and to drive better financial outcomes.
1:50 pm Networking Break
2:00 pm Panel: Innovation Meets Regulation
Moderator: Jamie Parson, Appalachian State University
Panelist: Tim Johnson, P&C Operations Manager, NC DOI
Allan McVey, WV Insurance Commissioner
The insurance market is facing an unprecedented wave of new models for marketing, underwriting, pricing and claims settlement. The panelists will share their perspective on how these innovations will comply with the existing state regulatory system.
2:50 pm Blockchain Implications Every Insurance Company Needs to Know
Speaker: Ryan Shaw, Founder/CEO, Blockade Technologies
Moderator: Greg Niehaus, University of South Carolina
3:30 pm Symposium Concludes