Navigating the Challenges of Underwriting

Last Updated on: 22nd November 2023, 07:39 am

Senior executives and underwriters from leading US insurers are gearing up to attend the 4th annual Underwriting Innovation USA 2023 conference, taking place in Chicago on November 13–14. The event will bring together Chief Underwriting Officers from USAA, SCOR, Berkley, Beazley, EMC, Markel, Secura and others to explore strategies for maintaining underwriting excellence despite market volatility.

Over two days, the comprehensive program will feature more than 40 speakers discussing topics such as navigating systemic risk, tackling emerging risks, embedding insurance, and proactively preventing risks. Attendees will gain actionable insights and a strategic vision for achieving future underwriting success.

Key speakers include Kevin Klestinski, CUO, Secura, who said: “I think that the underwriters that combine great relationships with efficient underwriting will win the most opportunities from agents and brokers. Also, underwriting is both art and science…the more we can find tech solutions for the science part of the role, the more time the underwriters will have on the art of underwriting to allow them to be creative and find more solutions on complex risks with agents and brokers.”

Other speakers include Jeremy Weiss, AVP P&C Underwriting Strategy & Modernization, USAA, Guenter Kryszon, CPCU, Global Executive Underwriting Officer, Property, Markel, and Helen Raff, Director, Event Portfolio, Intelligent Insurer.

The event, held at the Hilton Embassy Suites, Chicago Downtown, is run by Intelligent Insurer, the leading digital hub for senior insurance executives, brokers and insurtechs. It is free for insurers to attend, with the aim of equipping industry players with the networks, insights and knowledge needed to progress their careers and drive the wider evolution of the re/insurance industry.

With a focus on strategies for maintaining underwriting performance in a volatile world, Underwriting Innovation USA 2023 will explore how artificial intelligence (AI) and other cutting-edge technologies are reshaping underwriting processes. Attendees will gain an understanding of how to leverage new technologies, navigate market challenges to secure profitable growth, and harness the potential of generative AI in underwriting.

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