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ITA LIVE 2019

Session Description

Welcome and Keynote Address

  • Speakers:Jim Daggett, ITA
    Martha Notaras, XL Innovate
This Session will be held on May 05th, 2019 5:15 PM

Welcome to the 5th Annual ITA LIVE Conference!

Over 1000 insurtechs have launched since 2015, fueled by $11 billion in venture investment. Marth Notaras will explore which companies and technologies are gaining traction with insurers and customers, and the secrets behind their success so far. 
 

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2019 ITA Bridge Awards

This Session will be held on May 06th, 2019 8:30 AM

The recipient of this year’s ITA Bridge Award will explain how their company has been able to improve connectivity between the business side and the IT operation to propel them into new and better business processes.

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Scaling the Great Divide: How ProSight Specialty is Building the New Model of Insurance

  • Speakers:Joe Beneducci, ProSight Specialty Insurance
This Session will be held on May 06th, 2019 9:00 AM

Digital disruption has driven a “Great Divide” in the insurance industry – carriers feel they must decide between being a low-cost provider or a high-value provider. ProSight Specialty Insurance Founder and CEO Joe Beneducci has scaled that divide by establishing a hybrid model that includes traditional insurance business, an exclusive set of nearly 30 independent brokers, and a direct-to-customer platform. As the industry continues to shift, how can insurers strike the right balance between meeting evolving customer demands while providing best-in-class technology and service?

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InsurTech Panel – Start-Ups and Greenhorns

  • Speakers:Chuck Gomez, Novarica
This Session will be held on May 06th, 2019 9:45 AM

The brave new world of InsurTech is extremely competitive. This special panel will introduce you to 3-4 industry-leading tech firms that are looking to grow and expand in the insurance market. We’ll showcase these innovative companies, their unique solutions and services, and the problems they can help the insurance industry solve. Chuck Gomez of Novarica will lead this panel discussion

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InsurTech Panel – Mature and Cultivated

This Session will be held on May 06th, 2019 10:45 AM

It is estimated that three-quarters of InsurTechs won’t survive over the next 2-3 years. This special panel will focus on 3-4 of the more mature (3+ years) and sophisticated tech companies in the insurance space. You’ll hear how they’ve become successful, who they’re partnering with and what their future plans are.

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Analytics Case Study

  • Speakers:Robert Clark, Cloverleaf Analytics
This Session will be held on May 06th, 2019 11:25 AM

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Building a Best-in-Class Billing Program for a Specialty Business Line

  • Speakers:Chris Farfaras, Input 1, LLC
    Stephen MacDonough, Tokio Marine HCC Casualty Group & Reinsurance Operations
This Session will be held on May 06th, 2019 11:25 AM

In 2013, Tokio Marine HCC developed a comprehensive, fully-integrated insurance program tailored specifically for contractors in the United States. Called ArtisanEdge, this program utilized a state-of-the-art portal that enabled agents to easily quote, bind and bill customers within minutes of accessing the Tokio Marine website. Challenges arose around how best to handle the customer billing and payments of this new product line. Enter Input1, LLC, a billing and payments solutions firm, that provided the expertise, craftsmanship and first-class service to get this project successfully implemented.

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Loss Data Meets New Data

  • Speakers:Bob Frady, HazardHub, Inc
    Josef Litchfield, HazardHub, Inc
This Session will be held on May 06th, 2019 1:35 PM

Can some of the new and existing data available from 3rd party providers help you to properly identify risk and improve your underwriting performance? Take a look with HazardHub as they compare loss data from a number of carriers to their API-delivered data.

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The Next Generation of Leadership

  • Speakers:Alex Farrell, Union Mutual of Vermont Companies
This Session will be held on May 06th, 2019 2:40 PM

The insurance industry is experiencing a demographic shift. Our aging workforce is creating new opportunities for millennials to step into leadership positions early in their career. This puts a lot of pressure on the employer to find and train their millennials to take the next step in their career, and it puts a great deal of pressure on millennials in the industry to prepare themselves to assume the mantle of leadership. Hear from several millennial executives from the insurance industry on their experience in an industry that will soon be asking a lot of millennials. Alex Farrell, data analyst at Union Mutual will lead this panel of future leaders of the insurance industry.

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ITA LIVE Roundtable Discussions

This Session will be held on May 06th, 2019 3:40 PM

Got questions on some of the newer technologies in the marketplace? New to ITA LIVE 2019, we’re excited to offer a series of ITA roundtable discussions around specific subject areas like telematics, machine learning, cybersecurity, the digital customer experience, and more. These lively 25-minute(?) sessions will enable participants to engage with industry leaders and peers in these topical areas.  Best of all, you’ll be able to attend up to 4 different sessions.

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Bringing It All Together: Going Beyond Insurtech To Build A True Innovative Organization

  • Speakers:Rob Galbraith, The End Of Insurance As We Know It
This Session will be held on May 07th, 2019 9:00 AM

In a rapidly changing world of anticipated game-changing technologies coming to the world of insurance, new solutions are being deployed on a daily basis.  The vast potential for insurtech to revolutionize all aspects of the insurance value chain cannot be understated. However, to be successful in a world of exponential change, technology by itself is not the main limiting constraint on organizations. Large barriers for organizations to successfully deploy new products and services to customers include a talent gap, connecting disparate technology pieces and parts of your organization, limiting constraints in support areas such as procurement and IT and a failure to think big enough.  Learn about the scope and breadth of ways insurtech will fundamentally change insurance over the coming decade and, most importantly, strategies to ensure your organization takes advantage of the coming seismic shifts in the competitive landscape.
 
Audience Takeaways:
 

  1. Gain an understanding for the breadth of potential that technology has to fundamentally change all aspects of the insurance value chain and why your entire organization needs to adopt an insurtech mindset
  2. Develop an ability to separate hype from reality and understand the big data, talent and innovation challenges associated with rapidly deploying technology-enabled solutions
Learn the importance of formulating a comprehensive strategy centered around insurtech to ensure the long-term success of your insurance organization

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what is ita

ITA Mission Statement

The goal of the Insurance Technology Association is to provide members with opportunities to collaborate, educate, network, share, and use knowledge related to insurance technology. The ITA serves the insurance technology community as a resource and is dedicated to serving this specialized sector of the industry. Publications and educational programs created by the ITA are geared to professionals interested in or charged with evaluating, implementing, and marketing insurance-specific technology systems or services.

ITA publications

The January/February 2019 issue of ITA PRO is now available in digital format! Just click on this link: http://www.itapro-digital.org/itapro/january_february_2019

At Economical Insurance, their brokers are more than just salespeople. They are business partners. EVP Paul MacDonald explains how Economical Insurance utilized new technologies to improve the entire broker experience -- one designed to help the brokers grow their business, as well as the company.

Mountain West Farm Bureau needed to transform their aging IT infrastructure from the ground up -- including networks, servers and storage. CIO Marcus Curley undertook a 3-step modernization process -- stabilize, standardize, and optimize.

Marketing Automation -- if done right -- can help to recruit, manage and retain top-selling agents. Here are some best practices to help set your agents up for success.
 

Get your copy now!


 

online ita buyers' guide

Information on the ITA Pro Buyers' Guide, and how vendors can be a part of it

For more information, contact Jim Daggett at jim@itapro.org