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The Motor Insurance Summit
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Motor Insurance Summit

Tuesday, 30th September 2014

09:00

Welcome address by Juliet Knight, Director, Marketforce

09:05

Chairman’s opening remarks

Session One: An industry in flux – taking on the challenges of reform

Leader’s Forum

In light of potential major market reforms with seismic implications for all parts of the industry, insurers need to develop innovative new business models, work to acquire and retain customers and focus on developing new revenue streams.  Here delegates will hear top-down assessments of the potential impact of regulatory developments and the sector’s ongoing evolution.

09:10

Towards an efficient and effective motor insurance market

Andy Watson
Andy Watson

Chief Executive Officer

Ageas UK

09:25

Responding to reforms: planning for tomorrow

Peter Horton
Peter Horton

Chief Operating Officer

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09:40

Title to be confirmed

Jonathan Hewett
Jonathan Hewett

Chief Marketing Officer

Octo Telematics

09:55

Customer behaviour – fact or fiction?

Steve Treloar
Steve Treloar

Managing Director, Personal Lines

Aviva

10:10

Panel Discussion: Making sense of an evolving industry

  • The prospects for profitability: where do the main opportunities and threats lie?
  • How will MoJ reforms affect motor insurance profitability in the long-term?  
  • How will different players be affected by the CMA findings regarding repairs?
  • How would the end MFN agreements with aggregators affect pricing strategies?
  • Regulation of add-ons: how great will be the impact on profits?
  • Could telematics be the main route to profitability in motor insurance in future?
Andy Watson
Andy Watson

Chief Executive Officer

Ageas UK

Peter Horton
Peter Horton

Chief Operating Officer

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Steve Treloar
Steve Treloar

Managing Director, Personal Lines

Aviva

Jonathan Hewett
Jonathan Hewett

Chief Marketing Officer

Octo Telematics

10:50

Refreshments

Session Two: Unlocking the potential of data – toward better risk management
11:20

Exploring fresh potential in data analytics: toward more accurate pricing

  • Which new data sources are most useful in better profiling risks?
  • How much data are customers willing to provide and how can this be increased?
  • Where can enhanced data analysis deliver the greatest profitability gains? 
11:40

Title to be confirmed

Dan Marshall
Dan Marshall

Managing Director – Verticals, UK Insurance

LexisNexis Risk Solutions

12:00

Case Study: My Licence: a data-driven solution for pricing and fraud prevention

My Licence gives insurers access to driver information held by the DVLA. The project aims to help reduce fraud and produce fairer prices by making quotes reflect the driver’s record. Here a senior figure from the scheme will talk about how it came about and how members of the industry will benefit from it. 

Ashton West
Ashton West

Chief Executive

MIB

12:20

Telematics: the future of data capture?

  • What more can insurers do to exploit the full potential of telemetry?
  • How can telematics be pushed into the mainstream?
  • Would the standardisation of data formats facilitate greater market penetration?
  • Overcoming security and confidentiality concerns
Kenny Leitch
Kenny Leitch

Global Telematics Director

RSA Group

12:40

Questions

12:55

Lunch

Session Three: Focusing on fraud and claims – collaboration and cooperation
14:10

Interview: Assessing the impact of MoJ reforms

  • How has LASPO affected the industry so far?
  • Are further reforms to the claims system necessary?
  • How will changes to medical reporting affect the claims process?
  • How can lawyers and insurers cooperate to provide better outcomes for clients?
  • Assessing the impact of reforms on costs and the personal injury lawyer sector 
Deborah Evans
Deborah Evans

Chief Executive

Association of Personal Injury Lawyers

Simon Gallimore
Simon Gallimore

Senior Manager Complex Casualty Claims UK & Ireland

AIG

14:35

Collaborating to tackle fraud: the Insurance Fraud Register and beyond

  • The challenges of creating and maintaining the Insurance Fraud Register
  • How can data sharing practices in the motor insurance sector be improved?
  • How will the IFR work alongside an insurer’s existing fraud prevention measures?
  • Cooperating to tackle fraud: what’s next?
Richard Davies
Richard Davies

Global Fraud Control Officer

AXA Group

14:55

Advisory session

15:15

Questions

15:20

Refreshments

Session Four: Going beyond price – bringing the product into greater focus
15:50

Interview: How can aggregators and insurers work more closely together?

  • How is the CMA investigation likely to affect insurer-aggregator relationships?
  • How can both parties ensure that customers are getting the right product?
  • How can insurers and aggregators address concerns regarding add-ons?
  • How can the full product benefits best be communicated to customers? 
Gemma Stanbury
Gemma Stanbury

Head of Motor

Confused.com

Scott Kelly
Scott Kelly

Head of Aggregator Relationships

Ageas UK

16:20

Understanding the key to successful product differentiation

  • How can insurers convince customers that price is not everything?
  • Developing attractive propositions that offer real benefits to customers
  • Which product messages work best via which channels? 
Mark Evans
Mark Evans

Marketing Director

Direct Line Group

16:40

Questions

Session Five: The future of automotive technology
16:55

A vision for the future of the car

Chris Moody
Chris Moody

Head of Innovation Commercialisation

Transportation Systems Catapult

17:05

Panel Discussion: The cars of tomorrow and the challenges they present

  • What impact does greater automation in vehicles present when assessing risk?
  • Who is ultimately liable if self-braking, self-parking or other driver aids go wrong?
  • What is a feasible timeline for the introduction of driverless cars in the UK?
  • Will barriers to driverless cars such as the Vienna Convention be overcome?
  • What might the motor insurance industry look like in a world of autonomous cars? 
Peter Shaw
Peter Shaw

Chief Executive

Thatcham Research

Tom Moss
Tom Moss

Technical Director

Allianz Retail

17:30

Chair’s closing remarks and end of conference

Location London

Additional Information about this event:

Tuesday 30 September 2014, 09:00am - 05:30pm
   
Official Event Website: more info
Number of expected attendees: Not defined
This event has an exhibit: Not defined
YouTube Video for this event:
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