We use smart technology every day without really thinking about it – from watches to speakers, mobile phones to doorbells. Technology like this on a much larger scale is having a significant impact on industry, representing the fourth revolution in manufacturing.   Steph McGovern explores smart industry and its impact in the insurance industry with: Glen Clarke, Head of Transformational Propositions at Allianz, Thorsten Schröer – Director for Automotive & Electronics Industry for IBM in Germany Natasha Stern - Partner at McKinsey and Company

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

5G will mean faster download and upload speeds. But this isn’t just good news for uploading content to Instagram. It has the potential to be an indispensable technology for business. There are suggestions that by 2035, 5G will enable $12.3 trillion of global economic output and support 22 million jobs worldwide.   It could enable the health service to share data more efficiently, change the way autonomous vehicles talk to each other, and enable swarms of search and rescue drones to communicate wirelessly with each other. This all sounds very cool but what does this all mean for the insurance industry?  Steph McGovern is joined by: James Tucker – Transformational Propositions Manager from Allianz, Martin Hynes – International 5G Team at Verizon Rahim Tafazolli - Regius Professor from the 5G Innovation Centre at the University of Surrey.

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

Three of our Allianz senior board members join us to discuss the future of insurance, in light of the recent Covid-19 global pandemic. How will it impact the insurance industry, brokers and SMEs in the next years and decades to come?  Joining us for this discussion are: Simon McGinn, General Manager, Neil Clutterbuck, Chief Underwriting Officer Graham Gibson, Chief Claims Officer.

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

Sustainable Claims is a crucial element of Allianz’s business and combines protecting customers while aiming to meet environmental commitments.     It means that physical damage resulting in a claim could be fixed using recycled or sustainable products. But it’s about much more than parts. Discussing the future of sustainable claims, our new host - Steph McGovern - is joined by: Colin Davis - Head of Supplier Services in Claims at Allianz, Bronwyn Claire - Senior Programme Manager at Climatewise Jason Cross - Client Relationship Director at Synetiq Lauren Robson - Insurance Services Account Manager from Plastic Surgeon 

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

February 2020 was the wettest on record for England according to Met Office Statistics. The UK was hit by two storms; Denis and Ciara in subsequent weekends causing storm damage to hundreds of homes and businesses across the country. By contrast, the summer of 2019 saw the UK’s highest ever temperature recorded. A high of 38.7 was measured in Cambridge in July. So what does this mean for the insurance industry and the businesses they protect?  Nick hewer discusses climate change and the insurance industry with: Jon Dye, CEO of Allianz UK and Chair of the ABI, Andy Thornley Head of Corporate Affairs at BIBA Patrick Sachon from the Met Office. 

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

This year, Cyber Crime took the top spot on the Allianz Risk Barometer for the first time on its own. Businesses are facing a number of challenges such as larger and higher cost data breaches, more ransomware incidents and the increasing prospect of litigation after an event.  But have the risks changed since we last looked at this subject and has the business landscape changed the way it thinks and protects itself against cyber risks?  Nick Hewer meets: Rehan Hussain, deputy manager of cyber, Allianz Global Corporate & Specialty; Susan Crabtree, Head of product Development, Allianz Global Corporate & Specialty Daniel Pearce - Senior Analyst, Global Data Andy Thornley, Head of corporate affairs, BIBA.

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

There is plenty of excitement around Blockchain, but could it transform the global insurance industry? It’s also widely acknowledged that many businesses are only just starting to get to grips with what is possible. Nick Hewer discusses blockchain with Adam Rates, Head of Strategy and Architecture at Allianz, Michael Cook, UK Insurance Blockchain Lead at PWC and Rebecca Oliver, Business Development Director from Chain That, who provide blockchain-based solutions for the insurance industry. 

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

More than half of all humans globally live and work in cities and urbanised areas, with this set to increase to 68% by 2050. Taking population growth into account, the United Nations estimates that this could mean another 2.5 billion people will be living in the world’s cities. So cities are becoming smarter. Risks will change. Old risks such as of burglary and theft will diminish, new ones, like cyber, will emerge. Being able to respond to these changes with the right cover will be essential for insurers. Joining Nick Hewer today to discuss this in more detail are: Glen Clarke, the Head of Transformational Propositions at Allianz, Dan Hubert the CEO of the smart-parking platform AppyWay, and Graham Thrower the Head of Infrastructure and Investment, at the smart-city consultancy Urban Foresight.

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

Smart devices – connected through the Internet of Things, talking to each other, and harvesting data in real time – are on the rise. By 2020, more than half of major new business processes and systems will incorporate some element of the Internet of Things. It has the potential to completely redefine the traditional insurance business model, shifting the focus from paying out after the event, to the prevention of accidents occurring in the first place. Nick Hewer is joined by James Tucker – Smart Technology Manager, Allianz Daniel Pearce - Senior Analyst, Global Data Russ Mckay - Global solutions Architect, IBM Watson IoT division Lottie Macnair – Design Researcher, Connected Places Catapult

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.

Insurers have always gathered data to understand the nature of the risks they insure against. However, with such unprecedented volumes of data from new sources now available, and rapid advances in technology, it can be stored and analysed much more quickly than in the past. So what tangible changes will this bring for customers and brokers alike? Nick Hewer presents our discussion with: Andy Roberts – Head of Data for Claims, Allianz Vincent Spruyt - Chief Innovation Officer, at data science company Sentiance Ian Bird - Director of Analytics & Data Services Advisory, Guidewire Software

 

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.