SUSTAINABILITY AT THE SPEED OF NOW

Climate change is loading the dice for insurers with more to come. Connect with Capgemini to learn how you can accelerate your climate-action strategy the value chain. Talk to our experts and explore how you can adopt new risk prevention offerings, drive sustainable investment and underwriting strategies and create resilience ecosystems.

We are very much looking forward to hearing about your business, your challenges and how we might work together to help achieve your business goals.

Speaking sessions:

Product Track | September 22, 2022 | 2:00pm – 2:50pm PST

Bending the Curve: Behavior Change as the Next Evolution in Insurance

Insurance is a constantly evolving business but in its first epoch, the goal has still largely been one of increasing predictability: there is a theoretical curve of true underlying risk and with increasingly datasets and new statistical techniques, we all compete to predict that curve.  But prediction has diminishing marginal returns. 

The entire product organisation of insurance is currently focused on customer acquisition and cross-sell, because that is the monetisation that is currently setup.  Moving to a risk reducing model not only changes how we work but what we build; new products (with new monetisation models) must arise in order to manage this shift.

In this talk, behavioral scientists from across the insurance industry talk about practical methods for the next evolution of insurance: changing behavior to bend the risk curve.

Presenters:

Product Innovation in Action Track| Sep 22, 2022 | 2:55pm -3:30pm PST

Solving for the World’s #1 Climate Risk- Flood