Insurance Leaders Analytics Forum

2019 at McKinsey’s New York Experience Studio

Insurance Leaders Analytics Forum

Overview

McKinsey & Company’s Insurance Leaders Analytics Forum is designed for CxOs and senior executives embarking on transformations to scale AI and analytics across their organization. The content will be geared towards business needs and will be delivered through the lens of senior business leaders. We recommend that you attend with a couple of your senior leaders to get the maximum benefit for your organization. This year the event will center around ‘The impact of Artificial Intelligence’ and ‘Scaling analytics - how the best break away from the rest’. We’ll facilitate an action-packed day of roundtable discussions, panels, and world-renowned speakers on the impact of AI, the secrets to scaling analytics and how carriers are breaking away by building competitive advantage across the value chain.
Register

The Impact of Artificial Intelligence

AI is moving from the lab to the workplace, with profound implications for business and society. To stay at the forefront of the accelerating artificial-intelligence race requires business executives to make nimble, informed decisions about where and how to employ AI in their business. Professor Ajay Agrawal, an award-winning professor, researcher, and author of the book Prediction Machines: The Simple Economics of Artificial Intelligence will open our event with a keynote on the economics of AI, how it changes the cost of prediction and what it means for your business. We will then be joined by a panel of global experts to discuss the impact of AI on the future of insurance and how to setup a practical and impactful AI program.

Scaling analytics - how the best break away from the rest

What does analytics at scale look like? A handful of the world’s companies have cracked the code on embedding analytics into every layer of their organizations. The time for simple experimentation with analytics is over—and most companies know it. Across industries, we see organizations investing heavily to integrate analytics throughout their entire business in an effort to capture shifting profit pools and create competitive advantage. Based on our McKinsey Analytics survey of 1,000 companies with more than $1 billion in revenue and spanning 13 sectors and 12 geographies, breakaway companies scale analytics by significantly outperforming in nine critical areas across three categories: Aligning on strategy, building the right foundations of data, technologies and people, and conquering the last mile by embedding analytics into decision making and processes. Our event will dive into these critical drivers topics and look into questions such how to obtain strong commitment from all levels of management, building the right foundations and operating like a technology company, and the new role of the Chief Analytics Office. In addition, we take a close look at how leading carriers are building competitive advantage through analytics across distribution, underwriting, claims, and data driven personalization and customer experience.

Agenda 2019

November 8, 2019

9:00

Opening remarks

9:15

The impact of Artificial Intelligence on Insurance - today and tomorrow

10:00

Underwriting – how digital and analytics is transforming UW and the core of Insurance

10:45

Break & Networking

11:00

Claims - Reinventing claims and the customer experience

11:45

Distribution – Driving distribution improvements with AA

12:30

Lunch, networking, and demos with featured start-ups

13:00

Analytics in action: Solving driving distractions through telematics

13:45

The secrets to scaling analytics: How the best break away from the rest (recent KIP)

14:30

Transitioning to an agile data and analytics operating model

15:15

Break & Networking

15:30

Talent: People Analytics

16:15

Data management: Moving towards an enterprise data architecture

17:00

Final keynote: The role of the Chief Analytics Officer – Leadership lessons from the frontline

Location

New York Experience Studio

Situated in the heart of tech and startup community, the New York Studio is a part of global network of spaces for colleagues and clients to collaborate. The studio is a creative space filled with character, sunlight and cutting-edge technology to deliver best-in-class signature and bespoke experiences.


Registration and Costs

The Forum is an invitation-only event. McKinsey & Company will cover the cost of programs and meals. Attendees are responsible for their accommodations and travel to/from the event. See below for hotel recommendations.

Frequently asked questions

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Agenda

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