LONDON: Summits focused on convergence of insurance and technology to return to Chicago and Toronto in 2020, Insurance Nexus have just announced.
During a survey of more than 500 North American and Canadian insurance executives, Insurance Nexus found agreement that 96% of “carriers must transform operations significantly to meet the needs of customers in the future”. Despite this, only 34% of the same organizations were found to have a “permanent team dedicated to exploring future products, technologies and opportunities”. This signifies that while carriers recognize the need to innovate for long-term success, many are yet to fully commit scare resources in the name of innovation.
One often-suggested explanation of this is the ‘rabbit in the headlights’ theory: there is now such a wealth of opportunity available to carriers that many simply don’t know where to turn first. Outlay on these projects can be costly, time-consuming and ultimately, make-or-break for the profitability and reputation of insurance carriers.
With these challenges at the forefront, Insurance Nexus have released their event portfolio for the year 2020, it has just been announced. Building upon previous years’ success, Insurance Nexus events will continue to approach the challenges unique to every insurance carrier in the context of the holistic transformation of the insurance business and provide actionable and proven strategies to aid the process of insurance transformation.
Insurance Nexus will run the following events in North America in 2020:
Connected Car USA - March 18-19, Chicago
Insurance Nexus events are recognized for the following:
Uniting the most senior global community of insurance executives: over 70% of attendees in 2019 came from insurance carriers
Delivering events where business gets done: 80% of our sponsors return year-on-year, citing the onsite networking opportunities we provide
Ensuring intimacy at scale, these aren’t trade shows: our events offer the opportunity to network, debate and exchange ideas with senior executives
Insurance Nexus saw a diverse range of vendors join its events in 2019, with representatives from Visa, DataRobot, CM Telematics, Accenture and more, in attendance. If you’re keen to discuss the Insurance Nexus event series and how we could get you involved, please just get in touch or head to the website for more info: https://www.reutersevents.com/insurance/events-list
Dovile Nastopkaite | Media Relations
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About Insurance Nexus
Insurance Nexus is part of FC Business Intelligence Ltd. FC Business Intelligence Ltd is a registered company in England and Wales. Registered number 04388971, 7-9 Fashion Street, London, E1 6PX, UK
Insurance Nexus is the central hub for insurance executives. Through in-depth industry analysis, targeted research, niche events and quality content, we provide the industry with a platform to network, discuss, learn and shape the future of the insurance industry.