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Innovation, and within that InsurTech, has become a vital lifeline for the industry to ensure its relevance and maintain its competitiveness in a constantly evolving marketplace. As the re/insurance sector faces threats from industries outside this market, the need to embrace new technologies and advancements in the InsurTech space has never been more timely.
The Bermuda market is poised to look to InsurTech as it plots the market’s evolution and already, we’ve seen several large investments in this space from the Island. It is in light of these factors that Global Reinsurance decided to bring the discussion of Innovation & InsurTech to Bermuda.
Why did we bring a brand new event to Bermuda focused on Innovation & InsurTech? Global Reinsurance has raised the debate in London and more recently in Dubai. We don’t ask the industry to speak to itself…we build agendas that bring the outside in with entrepreneurs, disruptors, tech geeks, scientists and investors – and add them to the mix. We tap in to the energy of those who see the potential and know the potential.
Following InsurTech Connect in Las Vegas in October 2017, which attracted 3,800 people, we were delighted to be able to bring a number of the best InsurTech Startups to Bermuda Innovation & InsurTech – to pitch in a live session. Following questions from the judges, the audience voted and we are delighted to announce the winner as ‘Understory’.
Hamilton Insurance Group has chosen Global Reinsurance’s Innovation & Insurtech conference as the first such event for which Hamilton is the Lead Sponsor. As a Bermuda-based company whose mission is grounded in data science and analytics, we’re pleased to support an initiative that will examine the effect that disruptive technology is having on the insurance and reinsurance industry, enabling conversation and networking among those charting the future of the sector. James Hobson, CEO of Attune (the technology-enabled platform joint venture that Hamilton has established with AIG and Two Sigma), will be among the speakers participating in this important event.