Changing the game through data analysis: telematics and the Internet of Things
In this IIL accident lecture Linden discussed in detail the relationship between macro trends, insurance telematics, the wider use of data and technology and IoT. Additionally, he examined the current application of telematics, as well as the future use of technology in risk management.
Linden explained that insurance has entered digitalisation late and, given that digitalisation was key in disrupting and transforming several industries, a risk exists that the same will happen with insurance. The lecture also discussed trends that will affect this journey and summarised the current use of data and technology in insurance with the intention of providing an honest account and forecast. Briefly, Lindsen also looked at the wider application of IoT discussed in the context of connected homes, e-health and ultimately, insurance and risk management.
By the end of this lecture members would have gained an insight into:
- Telematics in practice: how is telematics changing motor insurance
- Analysing big data: the challenges and rewards
- Property, e-health and life from risk transfer to risk mitigation
Linden is an executive with experience in consulting and large corporations (Centrica, Virgin Media). Within 2 years of becoming MyDrive's CEO, the business was operating in 12 countries worldwide. In 2015 Generali acquired MyDrive by putting technology in the heart of their strategy.
Andy Keefe ACII, Casualty Placement at Marsh.
Registration & Security
IIL lectures are open to CII and PFS members
CII and PFS members must register online by 12pm one working day before the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
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Please contact Patricia Pedraza (020 7397 3911) with any queries regarding the CPD events programme.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
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