Application and Implementation of New Technologies in Insurance

One full-day

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.

Summary

 Date: Optional

 Times: 09:30-16:30 (UK)

 Duration: One day

 No of attendees: 12-16

 Format: Online - Virtual delivery

 CPD: Recognised

 Trainer: To be confirmed

Course Overview

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.

What will I achieve by attending the workshop? 

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.

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.

Corporate Solutions

We are able to offer this workshop specifically for your company as a In-House / Corporate training session for a set fee.

We can support your business with off-the-shelf courses for those studying our financial services units, our insurance units or those looking to develop their knowledge in a wide variety of technical areas. A full list of courses can be viewed in our 2025 Training Catalogue.

Please speak with your Relationship Manager who can explore your learning needs further or contact: business.enquiries@cii.co.uk 

Corporate (in-house) request

Register your interest in our other courses

For enquiries about this workshop, please email to: business.enquiries@cii.co.uk

Please note: The price of the workshop is based on British Pound Sterling. The purchase price will be processed using the relevant international currency conversion rate at the point of sale. Contact us for further information.

Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.

Register your interest in other training workshops.

Please ensure you refer to our terms and conditions before booking on to any of our training workshops. By booking on to this workshop, you are agreeing to our terms and conditions and for your information to be shared with our training provider.