General Insurance Director Forum frames boardroom issues of 2022
Over 30 industry leaders gathered at The Mint to hear data insights, reviewing the lessons of the recent past and gearing up for what lies ahead in the next 12 months.
Within the theme of reviewing the lessons of the recent past, Estelle Pearson Principal, Finity outlined:
Growth areas and the performance of classes of business including commercial, personal lines
Impact of inflation trends on property classes, underwriting trends
The issues Directors should be raising at the board table such as affordability, availability, retention, compliance and technology
Taking a forward looking approach, Siddharth Parameswaran (JP Morgan Securities Australia) gave an macro overview of the industry, including;
Investors perspectives
Competition landscape and direction
Increasing perils
Technology trends
For the panel session, industry leaders Dallas Booth (ICA, ex-CEO NIBA), Ming Long (QBE Non-Executive Director), Claire Wivell Plater (Youi Non-Executive Director) and Andrew Hall (ICA Executive Director & CEO) joined a panel discussing the impacts of COVID, recent weather events, climate change, regulatory change and how Directors can engage with Management and their industry peers to reshape the insurance landscape.
The Finity Director Forum connects senior leaders in the Australian insurance industry, also offering timely networking opportunity for this cohort of insurance professionals.
