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Application and Implementation of New Technologies in Insurance

Corporate Training

This course will explore the use of data and the application of new technologies such as artificial intelligence and
blockchain in insurance. The course will explain the concept of data and big data and how it can be used in an
insurance context to derive valuable insights for the purpose of pricing, underwriting, or settling and managing
claims.

This course will focus on the practical applications of blockchain technologies and artificial intelligence in the
insurance value chain and explore existing use cases. It will also detail the tools needed to develop new use cases
that are versatile and adaptive to developing customer needs.

Who should attend?

  • C-level, senior management/executives
    and managers in insurance and reinsurance across all business areas.
  • Service providers to the insurance industry.
  • Brokers, agents and other  intermediaries who wish to have a better understanding of data, data analytics, AI and the insurtech
    landscape.
  • First-line and second-line employees of insurance companies working in claims, underwriting, pricing and customer services.

Summary

Duration Duration: 1 day workshop

Attendees No of attendees: 12-16

Format Format: Online - Virtual delivery

CPD CPD: Recognised

Learning Outcomes

By the end of this course delegates will have a basic understanding of:

  • The concept of data.
  • The meaning of big data and its characteristics.
  • Structured and unstructured data.
  • Limitations of data.
  • Data governance.
  • Big data analytics.
  • Different levels of analytics,
  • The meaning of artificial intelligence.
  • The advent of AI.
  • Machine learning and its components.
  • Deep learning and its components.
  • Opportunities of AI in insurance.
  • Blockchain technologies.
  • The limitations of these new technologies.
  • Applications and use cases in insurance.

To discuss this course or your learning needs

Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further. 

Please speak with your Relationship manager in the first instance or contact business.enquiries@cii.co.uk for more information.