BrokerFest 2020, Helping brokers do better business | Insurance Times
  • Date
    11 Feb 2020
  • Location
    Belvedere Road, London, SE1 7PB
  • Tickets
    250
  • Sessions
    21
BrokerFest

Helping brokers do better business

BrokerFest 2020 will open with a look at the results of the 2019/2020 Broker Service Survey and what these mean for brokers and insurers. We’ll also explore the wider political and economic outlook and its impact on the market and examine how brokers can thrive in an increasingly digitalised world.

Three tailored streams focusing on the latest trends, opportunities and threats in cyber, motor and high net worth, will attract brokers from a wide range of companies and specialisms.

Sponsored sessions at the 2017 event included hot-spots and show-and-tells exploring:

  • The challenges and opportunities of the changing SME marketplace – MS Amlin
    Data for brokers – Legacy systems – Novidea
    Solutions driven approach to portfolio underwriting – 1492 Probitas
    Cloud software for brokers – Transactor
    Organic Growth for broker market – Broker Network
    Increasing returns with premium finance facility – Premfina
BROKERFEST 2020 AGENDA

Programme and speakers correct at time of publication but subject to change

10:00 - 10:05 Welcome to BrokerFest 2020

Welcome Speech from the Chair

10:05 - 10:25 Broker Service Survey Results 2019/2020

The Broker Service Survey is the biggest and most comprehensive broker survey in the industry and powers Insurance Times's new Five Star Ratings. This presentation will give you an opportunity to find out about the results of this year's survey and what they mean for brokers and insurers.

The year's executive summarised report will be made available for all attendees on the day!

Speaker: Savan Shah, Head of Research, Insurance Times

10:25 - 11:00 What do the results of the Broker Service Survey show?

A panel of broker & insurer C-suite industry experts share their views on the outcomes of this year's Broker Service Survey. What do the results say about the future of the market and the business lines that will be growing? Which insurers do brokers favour when looking to grow personal or commercial lines? What developments can we expect in the relationship between insurers and brokers in the next five years?

Chair: Saxon East, Content Director, Insurance Times

Speakers: Mark Cliff, Non Executive Director, Ivernia Insurance, Janthana Kaenprakhamroy, CEO & founder, Tapoly, Bundeep Singh Rangar, CEO, PremFina

11:00 - 11:30 What does Brexit and the state of the economy mean for the market and for our clients?

Brexit will have a huge impact on the market, whether it's the issuing of green cards for motor clients or insuring High Net Worth clients' homes in the EU. Get an insight on how to make it through the current uncertainty. Depending on the outcome of the negotiations, whether there is a deal passed by Parliament or there is no-deal, there will be consequences for motor and home insurance and other lines of business. How will Brexit restrict the ability of brokers to trade and do business on the continent?

Chair: Matthew Francis, Insurance Director, KPMG UK

Speaker: Tom Bartleet, CEO, Erskine Murray, Mark Bower-Dyke, Chairman, Be Wiser Insurance, Ian Clark, Director, Bravo Group

11:30 - 12:00 Networking Break

12:00 - 16:00 Streams

Cyber Broking Stream

12:00 - 12:25 The Cyber Risk Landscape in 2020

General Overview
While ransomware and phishing are still the leading cyber threats, the cyber landscape is changing extremely fast. What are the emerging cyber risks and trends and how well prepared is the industry? Stay informed so you can educate clients, with an update from an industry expert about the most common cyber threats.

Speaker: Davis Kessler, Head of Cyber Risk, Travelers

12:30 - 13:00 Selling cyber insurance

How to overcome the most common objections
Despite the huge hype around cyber insurance, according to recent reports UK SMEs are still largely cyber uninsured or underinsured even though 61% of them have recently experienced a cyber attack. There are still common objections that brokers encounter as a lot of companies are sceptical or unsure of the need to purchase a cyber policy. This session will explore the objections and how they are best handled in order to tap the growth opportunities of the cyber market.

Speaker: James Burns, Cyber Product Leader, CFC Underwriting

13:00 - 14:30 Lunch & networking

14:30 - 14:55What is the role of Breach Response Teams in handling and recovering from cyber incidents?

Breach response teams have a key role to play in handling cyber attacks. Access to instant response teams is a vital part of cyber cover, as they are the ones customers first engage with and who help clients to navigate the first moments of a cyber attack. Most importantly breach response teams help clients recover from cyber incidents, which is key to surviving in the current cyber landscape.

Speaker: Richard Breavington, Partner, RPC (on behalf of NMU)

15:00 - 15:25 Calculating Cyber Business Loss

Calculating cyber business loss is currently a contentious topic for brokers. There are different metrics which can be used depending on the industry and the organisation, as well as which part of an organisation is affected. However, there are still a lot of issues such as lack of comprehensive historic claims data and other types of data.

Speaker: Speaker from Pen Underwriting

15:30 - 16:00Silent Cyber

Insurance and reinsurance marketplace, Lloyd's, has mandated that from 1 January 2020 all insurers are required to provide clarity about cyber coverage by either excluding or providing affirmative coverage. Silent cyber will be eliminated. How will this impact the cyber insurance market and what should we be saying to our clients to help them understand this change?

Speaker: Brett Warburton-Smith, Partner, Lockton

Motor Broking Stream

12:00 - 12:25The latest on telematics

Telematics has been driving the evolution of the motor insurance market for the past decade. With global telematics shipments projected to rise above 80,000 by to 2024, is telematics going to move from the younger driver segment to older drivers? Hear the latest trends and developments in the telematics space.

Speaker: Mike Brockman, CEO,ThingCo

12:30 - 13:00Future Trends in the Motor Insurance Market

What are the trends which will shape the motor insurance market in the upcoming decade? From the impact of the Ogden rate and other regulatory changes, to telematics and other new technology, how will all of these changes affect brokers?

Speaker: Ian Hughes, CEO, Consumer Intelligence

13:00 - 14:30 Lunch & networking

14:30 - 14:55Trucks and small vans claims management

There has been a rise in the cost of van insurance claims due to more technologically advanced vehicles requiring higher repair costs. Brexit uncertainty and the higher cost of importing parts combined with a rise in thefts have also contributed to the rise of claims costs and thus premiums. With more complex claims, it is important that the industry gets a better understanding of the nature of claims, scenarios and best practices

Speaker: Representative from Markerstudy

15:00 - 15:25Regulatory Environment for motor brokers in 2020

The FCA regulatory agenda is full-on for the insurance sector with various initiatives having a direct impact to broker's business model. Michael will go through the key priorities and share his thoughts on how Brokers can be best prepared for the upcoming changes

Speaker: Michael Sicsic, Managing Director, Sicsic Advisory

15:30 - 16:00The future of motor insurance distribution

As the automobile industry is headed for a swift transformation in the upcoming decades, is motor insurance distribution going to follow suit? With new players like Tesla, other motor manufacturers and software providers entering the motor insurance market, with a data advantage, what will be the role of brokers in motor insurance distribution in 2020s?

Speaker: Bundeep Singh Rangar, CEO, PremFina

High Net Worth Stream

12:00 - 12:25Latest Security Technology

HNW clients typically have higher security concerns because of the distinctive risks associated with their lifestyles and possessions. Each HNW client has unique security needs and requires an individualised security solution. Security technology has been advancing at a fast pace in order to respond to these unique needs. Hear examples of the latest cutting-edge gadgets designed to protect your clients.

12:30 - 13:00Market Update

What are the latest trends and developments in HNW property spending and how are Brexit and changing markets affecting property prices? Hear more about the recent performance of the UK housing market and the general outlook for the market.

Speakers: John Sims, Managing Director, Vizion Insurance Brokers

13:00 - 14:30 Lunch & networking

14:30 - 14:55 Escaping Water Claims!

Water escape claims are the most common ones in the HNW arena. Recently there has been an increase in water escape claims which has subsequently pushed up rates. What are the latest technologies in preventing water escape claims? Except for water leak detectors, what other technological advancements can help reduce water escape claims?

15:00 - 15:25Emerging Wealth: How do we sell insurance to the next digitally savvy generation?

There is a pool of clients with inherited wealth or new tech and stock market entrepreneurs who have yet to be accessed. They might not see HNW insurance brokers as the obvious ones to look after their needs. Reaching and acquiring new customers is always important and this pool of new and inherited wealth seems an obvious target. What are the strategies and marketing channels to reach this new pool of clients? How do you convince them of the need for HNW insurance broker advice and expertise?

15:30 - 16:00How to advise HNW clients on their cyber security

According to research more than one quarter of ultra-high net worth families have been targeted by cyber attacks and more than thirty percent of them lack a cyber policy. What is the role of brokers in understanding and advising HNW clients on their cyber security? Should cyber training and educating clients be part of the HNW insurance service or should there be new personal HNW cyber insurance?

Speaker: Richard Hodson, Director Insurance Broker, UKGlobal Broking Group

16:00 - 16:20 Networking break

16:20 - 16:45Digitalisation: How far are we as an industry?

With the brand-new AI world just around the corner and mounting amounts of big data, brokers have been slowly adapting to the new environment. With competition from the price comparison websites and reinsurers entering the market directly, digitalisation is key for brokers if they want to stay competitive. How are brokers using chatbots and other digital channels to reach customers?

Speakers: Nick Pester, General Counsel, Zego, Joe Sultana,Managing Director, Applied Systems, Christian Young, CEO, BrokerSure

16:45 - 17:15Brokers should never use unrated insurers to place their business

Is it ever appropriate to use an unrated insurer? It is certain that it is less risky to do business with rated insurers, however sometimes due to unforeseeable circumstances, some brokers work with unrated insurers. Despite the real risks of using an unrated insurer, it is still an accepted option and it might be appropriate in a number of circumstances. Should brokers avoid working with unrated insurers, due to the high risk they pose, or could brokers work with unrated insurers under unique circumstances?

Arguing for: Julian Edwards, CEO, MCE Insurance,

Arguing against: Roger Flaxman, Executive Chairman, Flaxman Partners, Peter Hughes, Founding Director, Litmus Analysis, Steve White, CEO, BIBA

17:30 Closing remarks from the Chair

Tickets

BrokerFest 2020 is a must-attend event that offers a great opportunity for learning and networking for the broker community.

SPECIAL OFFER: Limited number of FOC Broker tickets.  Book NOW to avoid disappointment.

    • .
      Brokers
      • FOC*
      • *There are a limited number of FOC tickets available to insurance brokers. These tickets are available on a first come first served basis. Once all FOC places have gone broker tickets will be available at £299 + VAT each.
    • .
      Non Brokers
      • Standard - £395 + VAT
      • Any organisation or individual that is not an FCA registered broker, including but not limited to insurers, claims management firms, lawyers, consultants, technology vendors and service providers
    • .
      Special Discounts
      • Groups
      • Book 2 non Broker delegates and get a 3rd place free (discount is applied automatically)

If you have any questions about tickets, please contact:

Leah Keating
events & recruitment sales manager
020 7618 3434
leah.keating@insurancetimes.co.uk

Meet Our Speakers

A big thank you to all our speakers.

James Burns, Cyber Product Leader, CFC Underwriting
Cyber Product Leader, CFC Underwriting
    Richard Hodson, Director Insurance Broker, UKGlobal Broking Group
    Director Insurance Broker, UKGlobal Broking Group
      Janthana Kaenprakhamroy, CEO & founder, Tapoly
      CEO & founder, Tapoly
        BrokerFest speaker: Nick Pester, Partner, Capital Law
        General Counsel, Zego
          Content Director, Insurance Times
            Non Executive Director, Ivernia Insurance
              Head of Research, Insurance Times
                CEO, BrokerSure
                  Founding Director, Litmus Analysis
                    CEO, Brightside Group
                      Partner, Lockton
                        CEO, BIBA
                          CEO, Be Wiser
                            CEO, Consumer Intelligence
                              Head of Cyber Risk. Travelers
                                Director, Insurance, KPMG
                                  CEO, PremFina
                                    Managing Director, Sicsic Advisory
                                      CEO, Erskine Murray
                                        CEO, ThingCo
                                          Sponsorship

                                          The event is expected to attract 200 plus insurers and brokers from across the UK insurance industry.

                                          Aqueous Underwriting | Sponsoring Brokerfest 2020 | Insurance Times
                                          Aviva
                                          Manchester Underwriting Management | Sponsoring Brokerfest 2020 | Insurance Times
                                          NMU | Sponsoring Brokerfest 2020 | Insurance Times

                                          Sponsorship opportunities can be tailored to suit your particular business objectives; from raising brand awareness, to product launches to building a reputation as a thought leader. To find out more about the benefits of sponsorship and how to get involved contact:

                                          Richard Turner
                                          head of sales
                                          020 7618 3408
                                          richard.turner@insurancetimes.co.uk

                                          Jack Thomson
                                          commercial manager
                                          020 7618 3433
                                          jack.thomson@insurancetimes.co.uk

                                          Hannah Inwood
                                          account manager
                                          0207 618 3454
                                          hannah.inwood@insurancetimes.co.uk

                                          Tickets
                                          250
                                          Sessions
                                          19
                                          Sessions
                                          21
                                          Year No
                                          2
                                          Exhibition Plan

                                          Euismod, quis laoreet neque imperdiet. Proin ornare, orci eu mattis dignissim, mi mauris consectetur dui, at faucibus libero justo a dui. Sed facilisis pellentesque quam et blandit.

                                          • Section A

                                            Type your content Here

                                            Close
                                          • Section B

                                            Type your content Here

                                            Close
                                          • Section C

                                            Type your content Here

                                            Close
                                          • Section D

                                            Type your content Here

                                            Close
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                            • 01.Rocko Co
                                            • 02.Lithuim Co
                                            • 03.Fashion Room
                                            • 04.Locker
                                          When & Where

                                          Venue

                                          etc. County Hall
                                          Belvedere Road
                                          London, SE1 7PB

                                          How to get there

                                          Nearest tube & train stations – Waterloo (Mainline, Bakerloo, Jubilee, Northern & Waterloo & City) and Westminster (Circle, District & Jubilee)

                                          etc.venues, London | Venue information for BrokerFest 2020
                                          Media Center

                                          Contact Us

                                          Event management

                                          Mandy O’Connor
                                          head of UK events
                                          020 7618 3470
                                          mandy.oconnor@nqsm.com

                                          Sponsorship

                                          Richard Turner
                                          head of sales
                                          020 7618 3408
                                          richard.turner@insurancetimes.co.uk

                                          Programme & speakers

                                          Ekaterina Dimitrova
                                          events researcher
                                          020 7618 3452
                                          ekaterina.dimitrova@nqsm.com

                                          Tickets

                                          Leah Keating
                                          events & recruitment sales manager
                                          020 7618 3434
                                          leah.keating@insurancetimes.co.uk