The LMForums Data and Analytics Challenge
Over 40 London Market professionals gathered at the prestigious City of London Club for the LMForums Data and Analytics Challenge event, in association with our newest Corporate Member, IBM. Mark Batchelor, IBM’s UK Insurance Leader, gave the opening speech and set the scene for the following speakers, as well as announcing IBM’s collaboration with the LMForums.
He was followed by Tony Boobier, IBM’s Worldwide Executive for Analytics, who gave an insightful speech into the challenges facing the insurance industry and explained that we are now in “The Fourth Age of Analytics”
Delegates also heard from IBM’s Internet of Things expert, Praveen Velichety, and learned how the world of interconnected devices will affect not only domestic lines insurance but also the commercial and international insurance sector and the assessment and pricing of risk.
The event concluded with our highly popular networking drinks where delegate members got the opportunity to talk further about the subject and build their Market network.