The Risk and Analytics Summit isn’t just about attending sessions. It’s also about sharing insights with a wide range of insurance professionals. Meet others who will be attending the Summit while enjoying a beautiful view of the New York City skyline. Hors d’oeuvres and drinks will be provided.

It seems every day that the rapid pace of innovation is disrupting the property/casualty insurance industry. Advances in mobile technology have produced new distractions for drivers, some of whom are driving more than ever with the growth of ridesharing. Cyber attacks have become more sophisticated and pervasive, while insurers struggle to meet the changing needs of the market and price coverage with minimal historical data for these emerging risks. And the evolution of the Internet of Things and distributed ledger systems have paved the way for insurtech start-ups that are challenging traditional insurance models. Learn about these topics and others as we highlight some key issues at the 2017 Risk and Analytics Summit.

Flood, fire, wind, quake. In late summer, Hurricanes Harvey and Irma, wildfire in the western U.S., and a powerful earthquake off the coast of Mexico all hit North America within a two-week period. The long road to recovery has posed many challenges for the insurance industry, all of which emanate from one question: How can insurers provide coverage to those in need, shorten the time between disaster and recovery, and help communities improve resiliency? In this session, a panel of experts will discuss some of the key issues facing insurers, including the protection gap, customer service, and potential market expansion.

The perception of data is shifting from costly compliance tool to innovation fuel. It’s been called the “new oil,” but it needs to be refined, managed, and analyzed to create true value through actionable insights. See how high-quality data can drive potent analytics.

We have seen a proliferation of usage-based insurance (UBI) programs in recent years. Many of these use data collected with OBDII devices and connected cars are on their way, but there has been an increase in activity on smartphone apps. Apps bring the promise of rich data at a low cost, but is this data source the real thing or too good to be true?

Losses are outpacing premiums in commercial auto insurance, but profitable insurers are proving success is possible. Achieving similar success is likely to require a reset of fundamentals, using data analytics to select, underwrite, price, and manage risk effectively. Hear Verisk’s perspective on overcoming the challenges in this line.

Approximately $4.5 billion in commercial property leakage over four years. More than $6 billion in commercial auto just from radius classification inaccuracies. Verisk’s analysis reveals startling amounts of premium leakage and what the primary drivers are. In this session, we’ll discuss our results, explore potential strategies, and offer possible solutions for plugging leakage across multiple commercial lines.

The continual harvest of data from everyday devices, combined with shifts in consumer preferences, is pushing synergies for those in the smart-home market and the insurance industry. Explore how professionals in these two industries can leverage successful collaborations.

Rising competitive pressures, diversification needs, adverse selection, and agency consolidation underscore the importance of measuring your company’s performance against the broader industry. Learn how to use that understanding—and track the growth of new markets and industries—to help drive expansion and boost profitability.

Results are good in homeowners insurance, and companies are weighing new coverages from home sharing to flood while at the same time addressing generational shifts transforming the market. But a major weather catastrophe could test insurers’ resilience, especially where strong homeowners results are offsetting weakness in personal auto. Join this session for a discussion about effectively managing traditional homeowners risk in the face of significant market change.

Excess and surplus lines insurers are growing their U.S. market share. Learn how the E&S industry's freedoms related to rates, rules, and forms empowers these insurers to approach the market differently from their standard market counterparts.

“We don’t have much cyber risk.” We often hear this from many corporations. However, studies show that nearly every organization has more risk than it imagined. Reports indicate that 60 percent of small businesses that suffer a cyber breach go out of business. A distinguished panel will explore the ever-evolving and growing cyber risk landscape, who is affected, and what they can do about it. Also, we’ll hear how some successful insurers navigated this challenge to help boost their bottom line and what they learned along the way.

Personal lines auto insurers face $29 billion a year in premium leakage (flawed underwriting information that distorts rates). With profitability under pressure, leakage demands attention, even as insurers face intense competition in the market. Explore best practices for helping contain this problem.

Businessowners insurance is a competitive and challenging line. New underwriting trends, including straight-through processing and use of data and analytics to sharpen risk analysis and selection, demand new approaches. Discover the newest tools and best practices to enter or help expand profitably in this market.

Verisk has made significant innovations in capturing and interpreting aerial imagery for the insurance industry. Catch up on our latest technological advances, what’s ahead, and how you can leverage our capabilities to help cut costs, improve profitability, and better serve your customers.

We’ve heard that insurtech is disrupting the industry. But how has it succeeded—or fallen short? We’ll explore insurtech’s latest contributions to insurance in terms of data, distribution, and analytics and identify promising opportunities.

For the first time in history, businesses of all sizes are simultaneously catering to four distinct generations—matures, boomers, Xers, and millennials. Each of these groups has different preferences around the workplace, the marketplace, and how they interact with vendors. The question is, How can companies create customer experiences and workplaces that meet the distinct needs of each generation?

Disruptors are upending established business models in property/casualty insurance with high-tech innovation powered by significant capital. Hear a panel of experts reporting from the front lines of the revolution that’s driving the industry into the future.

New administrations can bring a new approach to regulation at both the state and federal levels. At the same time, there is heightened national attention on big data, data analytics, and privacy issues surrounding data. As a result of these trends, regulatory interest in big data has evolved over the last decade at tremendous speed and may affect various aspects of the insurance product life cycle. Join this session to learn the latest regulatory challenges and trends, see how insurers can navigate the regulatory landscape given the emphasis on big data insights and analytics, and hear our top regulatory predictions for 2018.

Homeowners insurance companies need to tailor the buying experience and their products to meet changing customer expectations. It begins with an easy, fast, and transparent purchase and carries over to a personalized connection with the policyholder. Learn how you can best compete using customer-focused purchase and renewal strategies.

Most homeowners and commercial property insurance doesn’t cover flooding—the most common and costly natural disaster in the U.S. Now, flood privatization efforts could significantly affect the industry and the financial markets. Hear the latest on the National Flood Insurance Program and how one insurer models and manages flood risk.

The advent of autonomous vehicles and automated transportation networks points to unprecedented changes ahead in the driving ecosystem and the insurance industry. Hear key insights from leaders of the automotive and insurance industries in a spirited panel discussion on the coming transformation.

Personal lines customers demand a seamless buying experience; automated underwriting can deliver. Verified data and innovative predictive analytics — brought forward in the work flow — enable unmatched speed with quality risk selection and accurate rating. Learn how Verisk is building solutions to bring buyers from quote to bind in as little as two minutes.

Commercial risk is changing as businesses seek greater speed and convenience, pursue new markets, and prepare for rising costs. Verisk is responding with new coverage options for cyber risk, updated professional liability programs, streamlined underwriting technologies, and more. Learn how Verisk is helping commercial insurers prepare for new exposures and rising customer expectations.