Dec 11th - Webinar CPD - Global Threats to the Insurance Industry

Presentation Overview:

What are the global threats facing the insurance industry right now and how are these impacting UK insurers and brokers?

Today war, weather extremes and the cost of living crisis dominate public debate but the sector faces critical risks – cyber/AI/tech, regulation, climate change and human talent. Can the insurance sector effectively tackle any of them? Cyber is in the news all the time with companies and government on the lookout for massive show stoppers including potential catastrophic interference with our democratic processes. In addition, with half of us due to retire within the next 15 years, why is there a failure to attract and retain the right talent and what can we and the CII do about it? Finally, it is also clear that insurers simply can’t underwrite the effects of climate change, so what will then happen?

This will be an interactive and wide-ranging talk and those attending will be actively encouraged to contribute with their own experiences and views. We will look at the differences in responses between insurers and brokers with brokers considering business conduct more of a concern than insurers.

Speaker: Branko Bjelobaba

Branko started his insurance career in 1987 and have worked across the sector including stints at PwC and GISC and have led his own consultancy practice since 2004 working closely with AMII, BIBA and the CII and have provided hundreds of well-received (even entertaining!) talks. He is the recipient of the Thomson Reuters Compliance Personality of the Year Award, the London Market People Award for Legal and Compliance and was Highly Commended in the CII Public Trust Awards in 2021. He is proud to judge various insurance awards and is always being approached for engaging commentary and analysis.

He has been a regular speaker at virtually all of the CII’s local institutes and have provided over hundreds of events to thousands of insurance professionals and feedback has always been superb.

Venue: Online Webinar

Online joining instructions will be included in your booking confirmation email.

Audience:

The session is aimed at all CII/PFS members or guests who would like to learn more about the risks facing UK insurers and brokers.

Learning Objectives:

At the end of the session, attendees will have an overview of:

• The key risks facing UK insurers and brokers:-
• What, if anything, can be done to effectively respond to these risks?
• What can the insurance industry do to attract younger human talent?

Artificial intelligence – is this a threat or an opportunity