A discussion on leveraging AI and Big Data for insurance negotiation, improving efficiency, reducing frictional costs and speeding up the claims process.

• How could and should AI and Big Data be used to drag the insurance negotiation and renewals process into the 21st century?
• What systems and platforms could be used to make the whole process swifter, slicker and more efficient?
• What needs to happen to bring all players to the table – risk managers, brokers, insurers and claims experts – to crack this once and for all?
• What kinds of savings could be made in terms of frictional cost – not least when using international markets such as Lloyd’s?
• How could and should the new technology and data be used to significantly speed up the claims process and reduce dispute and recourse to the courts?
• Are parametric solutions the answer?