This conference is designed for CEOs, senior executives, and department heads at financial services and life insurance companies doing business in the Asia-Pacific region who want:
The inside track on success models in the technological revolution
To learn from local, regional and global case studies and best practices
The latest developments in health care trends, retirement research, product innovation and distribution advancements.
Highlights
This two-day conference will showcase exclusive case studies, research, and interactive presentations from industry leaders and experts with advanced knowledge of health care, product innovation, distribution and consumer engagement.
Attendees will have a unique opportunity to meet with peers and industry analysts to compare best practices and technologies, alongside with challenges and opportunities that come along with pursuing various new product and distribution initiatives.
We are currently developing the program for this conference – please continue to check back for more details!
Interpretation Services
This event will be presented in English and Korean. Interpretation between these languages will be offered at no additional cost. Interpretation services will be available in Japanese, Mandarin and Thai if requested by 16 or more registrants before October 6, 2017.
Janet brings over 25 years of international sales and marketing experience to LSI and her focus is on all marketing and business development activities. She has a proven track record in developing and building businesses for global insurance marketing organizations and has worked in multiple markets, including Europe, Latin America and North America, where she built successful direct response insurance businesses. Janet spent most of her career with AEGON, one of the world’s largest insurance companies and most recently, worked with ReMark, a subsidiary of SCOR, as CEO of their North and Latin American business. Janet received her undergraduate degree from University of Wisconsin-LaCrosse and her XMBA from Loyola College with an emphasis on International business.
2:15 p.m. - 3:15 p.m.: Using New Data Sources and Risk Insights to Transform Life Underwriting and Pricing
John Cardus
Executive Director, Regional Underwriting and Business Solutions, RGA
John Cardus, Executive Director, is a part of the Regional Underwriting and Business Solutions team, which leverages RGA’s technical capabilities to support clients in developing their strategic and operational risk management objectives. John joined RGA in 2016 and is based in Hong Kong. John has more than 25 years of underwriting experience, with roles at insurance and reinsurance companies across a number of markets in Europe and Asia. Prior to joining RGA, John worked for Swiss Re as the Head of Underwriting Australia and New Zealand for three years until 2012, when he was named Head of Global Underwriting, based in the UK. John also held other strategic underwriting roles at Swiss Re, working in the company’s Hong Kong, Tokyo and Zurich offices. Before Swiss Re, John served as Chief Underwriter for Gen Re and as Head of Underwriting for a direct insurer in the UK. An active member of the underwriting profession, John has presented at numerous industry events and is an associate of the Chartered Insurance Institute.
Manager, Business Innovation, IBM Global Insurance Industry
With 36 years of IBM experience, Mark is skilled in collaborating with C-Suite executives to help manage complex transformations, integrate line of business ecosystems and communities, and support high performance sales teams. In his current role, Mark works with insurance clients to strengthen their business strategies through innovation, radical cost reduction, Robotics Process Automation (RPA), InsurTech and IT maturity models. He also advises insurers on the challenges associated with making data driven decisions, while helping them to sustain profitable growth, address domestic and global integration challenges, and create a culture of high performance and continual transformation. Prior to his current role, Mark held various roles in IBM’s Financial Services Sector Americas, and was the Chief Architect in building the Competitive and Emerging Line of Business for IBM. Mark has Bachelor of Sciences degree in Marketing from San Diego State University, received his certification in competitive strategy and industry analysis at Harvard University, and has completed executive programs at Boston University, Wharton Business School, and The Kellogg Graduate School of Management.
International Head of Corporate Insurance, Kennedys
Peter Cashin acts for life and non-life insurers, reinsurers and private equity groups in transactions, regulatory, competition, corporate and compliance matters. Peter is based in the Hong Kong office of Kennedys and has 25 years’ experience in the Asia-Pacific insurance market, having been both a Partner in legal practice and regional/general counsel for a number of leading multinational life and general insurance organisations. Peter’s experience spans acquisitions, divestments, reorganisations including portfolio transfers, strategic alliances including bancassurance, regulatory, licensing and compliance matters, product and distribution issues and litigation management. Peter is co-author of A Q&A Guide to Insurance and Reinsurance Law in Hong Kong, PLC Cross-border Insurance Handbook 2012 to 2016.
Senior Executive Deputy President, Hana Financial Group and Hana Bank
Jun Seong Han is Senior Executive
Deputy President at Hana Financial Group and Hana Bank Hana Financial Group,
and widely recognized as a creative disruptor and innovator. In his prior role
as Head of Future Financial Group in KEB Hana Bank and Chief Future Innovation
Officer at Hana Financial Group, he was responsible for setting the innovative
strategies in areas such as channel development, payment, and new global
business. Under his lead, Hana Bank launched the mobile banking app 'Hana N Bank',
built the platform ‘Hana Members’, which uses loyalty points to help increase
and retain membership, and participated in the global blockchain consortium led
by R3 CEV.
Corporate Vice President and Director, International Research and Member Engagement, LIMRA and LOMA
Larry Hartshorn is responsible for the development and execution of LIMRA’s international research strategy. Under his guidance, the international research unit conducts a wide variety of research to provide insights and trends in distribution, consumer behavior and sentiment, products, retirement, and technology for markets throughout the world. Prior to joining LIMRA in 2015, Larry was Aetna’s executive director for Greater China in Shanghai. His responsibilities included strategic planning, research, management operation and consulting. Larry also previously served as research program manager for The Ohio State University, managing a multi-million dollar cluster of private, state, and federal grants targeting primary, secondary, and higher education curriculum reform.
Senior Vice President, Enterprise Solution Business Division, SK Telecom
Ian Huh is Senior Vice President of SK Telecom, the #1 mobile network operator in South Korea, and currently responsible for the product marketing and business development of the company’s enterprise solution business. The range of the products he oversees encompasses IoT Network and Platform, Big Data, Cloud Services to help customers’ digital transformation. Before joining SK Telecom in 2015, he worked for 13 years at the Samsung Electronics, where he managed several product lines such as Mobile AP / Modem, Flash Memory and Solid State Drives. He also worked as a product innovation specialist at the company’s Global Marketing Operation office. Ian holds a doctoral degree in mechanical engineering from the University of Michigan, Ann Arbor, in Michigan, US, where he spent long hours at automotive factories to reduce the ramp-up time by collecting and analyzing the data from numerous machines. He also holds masters’ and bachelor’s degree in engineering from Seoul National University, Korea.
10:45 a.m. - 12:30 p.m.: Panel: New Technologies Changing the Financial Services Landscape
Yoo Shin Jung
Professor of Sogang Business School (Dean, Sogang Graduate School of Management of Technology), Sogang University
Professor Jung of Sogang Business School has worked in the financial industry(capital market & venture capital market) for 28 years. Currently, he is also serving for ‘Fintech Supporting center’ as CEO, under the Financial Services Commission. Starting off with Daewoo Economic Research Institute, Professor Jung has successively experienced many positions, as head of IB sector in Daewoo Securities, vice-president of Shinhan Financial Investment Corporation, CEO of Standard Chartered Securities, Korea, and recently CEO of Korea Venture Investment Corporation, one of Korean government agencies. Professor Jung graduated from Seoul National University(BA, Economy), Sogang(MA, economics), Wharton School(MBA), Renmin University of China(MBA), and Kyonggi University(Ph.D., economics).
Kim Dae-Won (Ph.D.) is and AI expert at Kakao Corp., and the first person in Korea to get a Ph.D. in Robot Journalism. He also holds an MBA and Ph.D. in Communication, has published numerous articles and books, and was a journalist at Maeil Business News Korea before entering into his current role.
Director and Research Fellow, Korean Insurance Research Institute
Seog Young is an industry veteran who directs the Department of Financial Policy at the Korea Insurance Research Institute (KIRI). He joined KIRI in 2013 after six years with Munich Re. Before that, he worked at the Korean Insurance Development Institute and Samsung Life Insurance. Seog has worked with financial authorities on various tasks. You’ll find articles he has written in Korean Insurance Journal and Journal of Insurance Studies. He earned his Ph.D. in Mathematics at the University of Arizona.
As an economic expert, Dr. Kim is known for his strong knowledge of international affairs and deep financial market insights. In 2017, he took office as Vice Chairman of the Financial Services Commission (FSC), and concurrently holds chairmanship of the Securities and Futures Commission (SFC) within the FSC. Prior to his appointment as Vice Chairman, he served as Secretary General of the FSC and Standing Commissioner of the SFC. Throughout his career, Dr. Kim has held several other key government posts, including Director of Banking System Division (Ministry of Finance and Economy), Deputy Secretary for Economic Policies (Office of the President of Korea), Director General and Head of Post Insurance Unit (Korea Post), and Director General of the Financial Policy Bureau and Capital Markets Bureau (FSC). In 2000, he left the government to work as a senior economist at the World Bank where he specialized in the Chinese economy, and in 2010, he served as Director General of Global Financial Architecture Bureau in the Presidential Committee for the G20 Seoul Summit. He graduated from Seoul National University, magna cum laude, with a bachelor’s degree in economics and received his doctorate in economics from George Washington University on a Fulbright Scholarship.
9:25 a.m. - 10:30 a.m.: A Recipe for Becoming an AI-First Company
Wednesday, November 8, 2017
1:30 p.m. - 2:30 p.m.: AI: Hope, Hype, or Horror
Steve Monaghan
Chairman and CEO, Gen.Life
Originally a commercial pilot, Steve specializes in introducing new business models, businesses and products, and has held senior roles at leading corporations throughout Asia. He has filed six patents in FinTech, and managed an impressive list of projects throughout his career, including developing and patenting the first mobile payments platform for Citigroup, and leading a nine-month transformation of Shinsei Bank in Japan which lead to revenue growth of USD$500M. As Chief Innovation Officer for DBS Bank, Steve drove the innovation agenda that culminated in their $220+M investment in IBM Watson, DBS A*Star R&D Lab and Digital Banking. Steve also helped to build AIA Edge, Asia and Oceania's leading corporate Accelerator, making AIA the first insurance company to join the R3 blockchain consortium. Most recently, Steve created Gen.Life, a Silicon Valley based start-up that creates R&D capability for insurers in Artificial Intelligence and Blockchain. In addition to GenLife, Steve is also a Limited Partner and investment committee member in True Global Ventures, Vice Chairman of Borderless Healthcare Mobile China, Co-Chairman of HK HealthTech Association, and a Board Member of Pulse Global.
Olin Wethington is the Founder and Chairman of Wethington International LLC, an investment and business advisory firm focused on advising institutions on capital investment, financial structure and business strategy in emerging markets, particularly with respect to Asian markets. He currently also advises clients on healthcare regulatory matters in China and on strengthening the delivery of healthcare services, including an initiative under the State Council’s China Development Research Foundation which is developing recommendations regarding the expansion of commercial healthcare insurance in China. Mr. Wethington previously served as Chairman, AIG Companies in China, and has held numerous positions in the U.S. government, including: Special Envoy on China; Counselor to the Secretary of the U.S. Treasury; Assistant Secretary for International Affairs, U.S. Treasury; and Special Assistant to the President and Executive Secretary, Economic Policy Council, White House (under President George H.W. Bush). He is a graduate of Harvard Law School and the University of Pennsylvania, a Member of the Council on Foreign Relations, and a recipient of the Alexander Hamilton Award, the highest honor of the U.S. Department of the Treasury.
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.
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.
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.
Executive Director, Regional Underwriting and Business Solutions, RGA
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.
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.
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.
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.
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.
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 p.m. - 3:45 p.m.
ADJOURNMENT
Registration
Register by 10 October 2017 and save! KIRI Members: US$500 LIMRA and LOMA Members: $950 Nonmembers: $1,450
Standard Rates (Register after 10 October, 2017): KIRI Members: US$650 LIMRA and LOMA Members: $1,050 Nonmembers: $1,550
Multiple Registration Discounts: Please email Ms. Megan Schwartz at mschwartz@limra.com for more information.
Need Help Getting Approval? Download our "Convince Your Boss" letter for ideas on how to get your request to attend approved!
Cancellation Policy
All cancellations and refund requests must be received in writing. These requests carry a $100.00 U.S. administrative charge. Full refunds minus the administrative fee will be granted on written requests received no later than ten business days before the meeting. No refunds will be granted if the request is received within ten business days of the meeting. If for any reason a meeting is cancelled, the Conference Organizers will refund the total registration fee. However, the Conference Organizers will not be responsible for any travel, hotel accommodations or other costs incurred. Cancellation requests should be submitted to meetings@loma.org.
Hotel / Venue
If you receive any unsolicited or suspicious email or phone call about a hotel booking in conjunction with this meeting, our advice is not to click on it, but delete the email immediately. In the case of a phone call, never give out your credit card information. Our designated conference hotels will never call you unless you contact them first.
Millennium Seoul Hilton 50, Sowol-Ro, Jung-Gu Seoul, 04637, South Korea Phone: +82 2 753 7788 Located in downtown Seoul, 1.5 miles from Seoul’s business district, cultural hotspots and shopping centers.
Hotel Reservations: We have negotiated a limited number of reduced-rate hotel rooms to make your trip to Seoul more affordable. Rooms at the group rate are limited and available on a first come, first-served basis, so be sure to book early for best selection and price!
Attendees who make their hotel reservations under the 2017 LIMRA-KIRI Insurance Conference group block will receive a nightly rate of KRW 266,200 net per night. This special conference group rate includes a daily buffet breakfast, internet, a shuttle to downtown and Itaewon shopping area, tax and service fees. Check in time is 15:00 and check out time is 12:00.
To make your hotel reservations, please email the hotel directly at Anja.schrepel@hilton.com and reference the LIMRA-KIRI Insurance Conference, or book online via this special link.
Visa Requirements: Some participants may need a visa to enter South Korea. Visa invitations will be issued to only paid conference registrants. To request an invitation please contact Ms. Megan Schwartz at mschwartz@limra.com.
Become a Sponsor or Exhibitor
LIMRA and LOMA Conferences are made possible by the generosity of our sponsors and exhibitors. Sponsorship of LIMRA/LOMA Conferences will help increase name recognition, build product and service awareness, and provide valuable networking opportunities to several hundred key decision-makers in the life insurance and financial services industries across Asia.
For details on the benefits of sponsorship, available packages, and how to apply to become a sponsor at the Conference, see our PDF form here.
