This webinar provides an overview of the state of the UK protection market, and how different insurers are using different levels of sophistication to price (such as using customer demand models). It considers how insurers have implemented these sophisticated pricing techniques, and the practical challenges they have faced. One key consideration is to ensure customers are treated fairly, and this session will also consider the implications of last year’s FCA publication on pricing practices. The webinar will also cover examples of how insurers are taking the analytical approaches now being used in pricing, and expanding their use further to gain value throughout the customer life-cycle in marketing, underwriting, in-force management and claims.
Thanks to your invaluable feedback following the successful 2020 Life Virtual Conference, the Life Lifelong Learning Committee have created four brand new webinars that reflect the latest advances and emerging trends influencing the Life insurance sector today. These webinars will be broadcast live on 12 and 16 March.
This webinar will run from 10.00 - 11.00 (UTC)
If you would like to register or find out more about the other webinars in this March series, please follow the links below:
12 March 10.00-11.00 (UTC) – Implications of Climate Change for Life Insurer's Risk Modelling and Strategic Asset Allocation
12 March 13.30-14.30 (UTC) – Integrated resilience: The future of Recovery and Resolution Planning [RRP]
16 March 13.30-14.30 (UTC) – Transactions & fund restructuring - maintaining momentum in a changed landscape
Contact Events Team for more information.
0207 632 1498
Alastair Black, Willis Towers Watson
Alastair Black is a Director in Willis Towers Watson’s Life Insurance business with over 15 years’ experience, based in London. He leads the Protection offering, with a particular focus on where analytics and understanding customer behaviour can help drive value, and has worked with many insurers in the UK and elsewhere to enhance their approach to pricing protection business.