Sunday, September 22
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THEME: NAVIGATING PIVOTAL TIMES
HSB Canada - NICC 2024 Golf Tournament
11:00 am
For more information on our golf tournament, click here.
Golf Transportation sponsored by TransUnion
Opening Cocktail Reception Sponsored by Lloyd's
6:15 pm
Join us for the opening Lloyd’s Cocktail taking place at The Westin Bayshore. We look forward to seeing you there!
Monday, September 23
Breakfast
8 - 9 am
Welcome, Acknowledgements & Intro Address
9 - 9:15 am
The View from OSFI
9:20 - 10 am
Networking Break sponsored by DBRS Morningstar
10 - 10:30 am
Concurrent Sessions
10:30 - 11:30 am
B: Building Back Better
Retired Deputy Minister, Emergency Management BC, Ministry of Public Safety and Solicitor General, Province of British Columbia
Concurrent Sessions
11:45 - 12:45 pm
C: Maintaining Independence in Distribution Amid M&A - Does it Really Matter?
With consolidation, and insurer and private equity backed aggregators gobbling up distribution market share how can independence be maintained? How important is it? Does it really matter? Join this fantastic panel to find out.
D: GISA/FA Data Governance Session - Whose Data is it Anyway?
Consumers, industry, regulators, and public policy makers require data to make effective decisions. Quality, timeliness and reliability are key factors that enable the transformation of data into meaningful information. The capacity to manage increasingly large data sets, promote best practices in data governance and apply informed data analysis is essential to the health and stability of the industry. In addition to the management of data at the industry level, there has been a steady emergence of consumers/individuals wanting ownership of their own personal data, which adds another dynamic to data governance. GISA and the Facility Association are among those tackling these challenges. Join us for an engaging discussion of how GISA and the FA are working and collaborating to enhance the value and accessibility of ASP/UIP data.
Lunch & Keynote Presentation sponsored by IBC
1 - 2.30 pm
Concurrent Sessions
2:35 - 4:00 pm
E: Generative AI in Insurance - Preparing for the Next Wave
2:35 - 4:00 pm
F Part 1 - MGAs: The Good, The Bad, The Ugly
2.35 - 3.20 pm
In this first part of a two-part session, we delve into the nuances of the MGA market, examining its strengths and weaknesses, advantages and disadvantages, as well as opportunities and challenges. The MGA market has witnessed significant growth in recent years, making it essential to understand the full spectrum of factors influencing its trajectory.
F - Part 2: Shifting Strategies Towards Captives
3.20 - 4:00pm
In the second part of this session, we delve into the evolving captive landscape that is becoming an ever more important component of comprehensive risk management and transfer strategies.
Networking Break sponsored by SLC Management
4.00 - 4.30 pm
Concurrent Sessions
4.30 pm - 5:20 pm
G: Cyber Insurance Coming into its Own
Partner and Head of Technology, Co-Chair Data Protection/Privacy/Cybersecurity, Norton Rose Fulbright
Often compared to the Wild West, Cyber Insurance has been, and in many cases still is, highly volatile, concentrated, and unfriendly to underwriters and clients alike. Are things stabilizing? Is the market broadening out? Are we in for more turmoil? Join this panel to find out.
H: Established and Evolving Rating Factors
As regulatory bodies discuss and define methods to explore the concepts of fairness and equity in the use of consumer data in insurance, the industry faces uncertainty regarding its impacts. In response to questions of fairness and equity related to the use of credit-based insurance scores (CBIS), this analysis aims to help identify possible unintended bias of conventional rating variables and assist insurers in understanding the potential next evolution in insurance rate making as they strive toward ensuring fair and equitable use of consumer data.
Cocktail Reception sponsored by Aon
6:30 - 7:30 pm
Gala Dinner Wine sponsored by EY
7:30 pm
Gala Dinner sponsored by Guy Carpenter & Munich Re
7:30 pm
Gala Dinner Entertainment sponsored by Verisk
7.30pm
Nightcap Party sponsored by Gallagher Re
10 pm
Tuesday, September 24
Breakfast
7:30 - 9 am
Global Economic Outlook
9 - 9:45 am
Global Leaders' Panel
9:45- 10:45 am
Networking Break sponsored by DBRS Morningstar
10:45 - 11:10 am
Concurrent Sessions
11:10 - 11:50 am
I: Update on National Earthquake and Flood Programs
In Budget 2024, the federal government committed to launch a national high-risk flood program ‘within 12 months’. The program will be built on a multi-peril basis, which will enable other perils, principally earthquake, to be included at a later date. The P&C industry is playing a leading role in bringing the new program to life. What are the requirements of successfully designing and implementing a new, best-in-class disaster risk program in Canada? What complementary measures are required to ensure the successful operation of the program, including risk identification, consumer education, incentive structures, affordability and risk mitigation, to name a few? And given comparable programs in similar jurisdictions (e.g., Flood Re in the UK, NFIP in the US), what landmines must be side-stepped when designing a national flood insurance program? Join our panelists as they explore these exciting and pressing issues.
J: Getting a Handle on Insurance Crime - What's New and What's Needed
Hot, Hotter and Hottest Regulatory and Legal Topics
12 - 12:45 pm
A perennial favorite, this session features the same cast but explores new developments to close out the NICC business sessions. Join us for an interactive discussion on legal and regulatory hot topics affecting the industry. The session will address key legal and regulatory developments, providing insights into what you need to know about our current status and where our pundits predict we may go next.
Lunch & Keynote Fireside Chat sponsored by CIP Society
12:45 - 2:15 pm
With the most pivital US Elections of our lifetimes mere weeks away, you will not want to miss hearing from Jessica Yellin, Founder of NewsNotNoise and former CNN White House correspondent as she engages in a brutally frank conversation with our own Alister Campbell. You are not going to want to miss this.