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FOR IMMEDIATE RELEASE
OLDWICK - SEPTEMBER 24, 2018 08:20 AM (EDT)
Leading A.M. Best executives will be participating in the InsureTech Connect Conference, taking place on Oct. 2-3, 2018, at the MGM Grand in Las Vegas, NV.
Matthew C. Mosher, executive vice president and chief operating officer, and Andrea Keenan, senior managing director – industry relations, will discuss the need for innovation in the insurance industry amid a rapidly changing market and emerging risks that require new service processes and coverages. Details of their conference panel appearances are as follows:
A.M. Best also is co-hosting a pre-conference workshop, titled, “Leading the Future Executive Strategy Forum,” on Oct. 1, at 1:00 p.m. (PDT). Mosher will join other senior executives on a panel during the workshop to talk about the potential impacts of innovation on regulation and credit ratings, along with a look at what future regulation may look like, how companies are collaborating to remove friction and how they can highlight their innovative efforts.
The conference, which is the largest insurance-industry event covering innovation, provides insight to insurers on how to reinvent themselves amid disruptive forces caused by emerging technologies and insurtech startups.
A.M. Best expects innovation to play a greater role in its assessment of a company’s financial strength and a perspective of its current position relative to its rated peers. “Technology is most effective when it improves the processes that lead to improved efficiencies, lower costs, or improved service,” said Mosher. “Innovation plays a key role in a company’s ability to maintain long-term financial strength, and its importance likely will increase in the future.”
A.M.BestTV will provide video coverage at the conference. For executive interviews and commentaries, please visit http://www.ambest.tv during the conference and look for the playlist under the “Conferences 2018” tab. To learn more about the InsureTech Connect conference, please view the official agenda.
A.M. Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.