LIMRA Home Link
Event Banner

2017 LIMRA-KIRI Insurance Conference

Inventing the Future of Insurance

November 7, 2017 – November 8, 2017
Millennium Seoul Hilton, Seoul, Korea

TUESDAY, NOVEMBER 7, 2017
 

7:45 am - 5:00 pm

REGISTRATION

8:45 am - 9:25 am

CONFERENCE WELCOME

  • Ian J. Watts

    Senior Vice President and Managing Director, International Operations
    LIMRA and LOMA
  • Kijeong Han

    President
    Korea Insurance Research Institute
  • Soo-Chang Lee

    Chairman & CEO
    Korea Life Insurance Association
  • Yongbeom Kim

    Vice Chairman
    Financial Services Commission (FSC)

9:25 am - 10:30 am

A Recipe for Becoming an AI-First Company

  • Steve Monaghan

    Chairman and CEO
    Gen.Life
Advances in sensor technology, mobile phones, design thinking and machine learning are ushering in a new wave of change in healthcare unlike anything we've seen before.  Now Steve Monaghan, Chairman and CEO of Gen Life, is creating R&D capability for insurers in to use Artificial Intelligence and Blockchain to deliver quality risk management while decreasing costs.  Join him as he shares how has built up a team that is helping companies to put AI at the forefront, and reimagine the future of insurance.

10:30 am - 11:00 am

NETWORKING BREAK
Sponsored by Kyobo Life Insurance Co., Ltd.

11:00 am - 12:00 pm

Insurance in the Cognitive Era: Innovation, Disruption, and Reinvention

  • Mark W. Carter

    Manager, Business Innovation
    IBM Global Insurance Industry
Global Insurance Technology Trends with InsurTech initiatives continue to help insurers align business models, improve the customer experience, and reduce the cost of operations. This presentation will examine the outlook and impact that initiatives like Robotic Process Automation, Blockchain, and IoT will have on the insurance industry.
 

12:00 pm - 1:00 pm

LUNCH

1:00 pm - 1:15 pm

LIMRA Research Updates

  • Larry Hartshorn

    Corporate Vice President and Director, International Research and Member Engagement
    LIMRA and LOMA

1:15 pm - 2:15 pm

Regulating Insurance Technologies

  • Peter Cashin

    International Head of Corporate Insurance
    Kennedys
Peter will review important legal aspects of technologies impacting the way insurance contracts are developed and insurance is distributed. He will also provide an update on how regulators are carefully considering their role in promoting new technologies, assessing cyber risk and resilience, and continuing to protect customers.

2:15 pm - 3:15 pm

Using New Data Sources and Risk Insights to Transform Life Underwriting and Pricing

  • John Cardus

    Executive Director, Regional Underwriting and Business Solutions
    RGA Reinsurance Company
The session will explore recent data initiatives across the value chain which have provided exciting opportunities in customer segmentation, underwriting accuracy and claims management. Global case studies will illustrate the opportunities of leveraging credit scoring, upselling using claimant’s data, risk scoring in fraud prevention and the use of lifestyle data.
 

3:15 pm - 3:45 pm

NETWORKING BREAK
Sponsored by Korean Re

3:45 pm - 5:00 pm

Innovations in Healthcare

  • Olin L. Wethington

    Chairman
    Wethington International LLC
  • Larry Hartshorn

    Corporate Vice President and Director, International Research
    LIMRA and LOMA
This presentation will offer insights into the latest digitization trends and potential applications of exponential technologies to the health insurance industry.  It will also provide an overview of innovative healthcare reform priorities, the role of commercial healthcare insurance, and what policies are likely to influence the expansion of commercial health insurances in different markets including China and South Korea.
 

5:00 pm - 7:00 pm

NETWORKING RECEPTION
WEDNESDAY, NOVEMBER 8, 2017
 

8:15 am - 5:00 pm

REGISTRATION REOPENS

9:00 am - 9:05 am

WELCOME BACK

  • Yong Ok Kim

    Business Development Director
    LIMRA and LOMA

9:05 am - 10:15 am

Today's Transformative Technology

  • Janet Anderson

    Chief Marketing Officer
    Lapetus Solutions, Inc.
From instant life insurance quotes based on a selfie to flexible monthly premiums determined by wearable data, the insurance industry is facing a paradigm shift of monumental proportions.  This session will highlight some of the technology — both inside and outside of the industry — that is the power behind it.
 

10:15 am - 10:45 am

NETWORKING BREAK

10:45 am - 12:30 pm

Panel: New Technologies Changing the Financial Services Landscape

  • Jun Seong Han

    Senior Executive Deputy President
    Hana Financial Group and Hana Bank
  • Ian I. Huh, Ph.D.

    Senior Vice President, Enterprise Solution Business Division
    SK Telecom
  • Seog Young Kim, Ph.D.

    Director and Research Fellow
    Korean Insurance Research Institute
  • Yoo Shin Jung

    Professor of Sogang Business School (Dean, Sogang Graduate School of Management of Technology)
    Sogang University
How are new technologies like artificial intelligence and blockchain changing the global financial services landscape? And what does it all mean to the future of the industry - both in the short term and long term future? Join us as we discuss how companies can evaluate what innovations and challenges are worth investing in, as well as share examples and research of successful new products, trends and distribution channels.
 

12:30 pm - 1:30 pm

LUNCH

1:30 pm - 2:30 pm

AI: Hope, Hype, or Horror

  • Steve Monaghan

    Chairman and CEO
    Gen.Life

Throughout his career, Steve Monaghan has specialized in introducing new business models, businesses and products in all major markets in Asia and has filed 6 patents in FinTech.  Now, Steve is helping insurers to better understand how Artificial Intelligence, Distributed Ledger Technology, and the Cloud can help deliver the highest quality risk management while decreasing distribution and transaction costs.  This session will outline the opportunities, challenges and impacts involved with these and other technologies, as well as what they mean to the future of insurance.

2:30 pm - 3:30 pm

The Age of AI from a Commercial Point of View

  • DaeWon Kim, MBA, Ph.D.

    Leader of Policy Support
    Kakao Corp.
The rise of AI has brought with it a tremendous amount of analysis and prospecting, but much of the discussion has remained at a very technical level. This presentation will explore the future possibilities of AI in terms of social science and business, and consider companies can begin to view AI from a strategic management perspective.
 

3:30 pm - 3:45 pm

ADJOURNMENT







Must See Video

Inventing the Future of Insurance

2017 LIMRA-KIRI Insurance Conference Promo
Languages