Innovation and AI.xpertise at ITC DIA Barcelona: Highlights of the Premier Insurance Event
BARCELONA, 05/07/2023 – Bringing together insurance professionals, thought leaders, and technology enthusiasts, the event provided an excellent platform to explore the latest trends, exchange knowledge, and forge valuable connections. As content providers and active participants, as well as us, they engage in research, networking, and knowledge exchange with industry leaders, contributing to the event’s success. Due to our partnership, today we can provide our readers insights of the event as courtesy of Samplemed – s.360 for automating life underwriting.
SAMPLEMED, a leading insurtech company, showcased its commitment to driving positive change in being transparent, sharing valuable content and creating a more open insurance market.
The ITC Barcelona event, a premier gathering of insurance professionals, thought leaders, and technology enthusiasts, offered an ideal platform to explore emerging trends, foster collaborations, and gain valuable insights. Let´s read more about the sunny days in Barcelona.
KICK-OFF Summits: Uniting Tradition and Embracing the Future
At the KICK-OFF Summits held in Barcelona, attendees from all over the world joined the vibrant community of insurance enthusiasts and experts at FIRA Barcelona. Located near the stunning Montjuic Palace, the event blended tradition with a forward-thinking approach, setting the stage for an inspiring gathering. The Summits encompassed a series of engaging lectures that offered valuable insights and propelled discussions on the future of insurance. Among the highlights were the Insurtech Community Hub Barcelona session, the Embedded Insurance Forum by the Open & Embedded Insurance Observatory, conferences at NTT Data or Plug and Play, and many more.
Networking and Collaborations: Connecting with Industry Leaders
At the event, all participantes profit from the opportunity to establish connections and network with key figures in the insurance and insurtech sectors. Engaging with Eva Rosell Solano and Oscar Paz de la Fuente during the first lecture of the KICK-OFF Summit, SAMPLEMED exchanged valuable knowledge and ideas. Additionally, at the Kick-off party held at Can Fishers in Barceloneta, we had the pleasure of meeting with Ken Leibow and Gina Blanco Laurito from InsurTech Express, further strengthening collaborations and fostering future partnerships.
Inspiring Innovations: VidaMovida and Social Impact Metrics
The innovative case study presented by vidaMovida, an app associated with life insurance from Seguros Alfonso Peral – ECI, is a case for paying back users for walking. The app’s integration with underwriting processes showcased how wellness and lifestyle factors could influence insurance pricing. This inspiring example served as a testament to the transformative potential of insurtech solutions in shaping the future of the industry.
Insights into Sustainability and ESG Practices
Our attendees promptly learned from  a panel discussion on sustainability in the insurance industry, focusing on both life and health insurance. The discussion addressed the shifting landscape from a sustainability-centric approach to one that embraces Environmental, Social, and Governance (ESG) practices. Sabine VanderLinden presented compelling data on ESG and its potential impacts on the global economy, particularly in light of natural disasters. This session emphasized the significance of ESG as an indicator of strength, cost reduction, enhanced reputation, and increased resilience in an uncertain world.
Prominent speakers at the event, including Arnold Löw, emphasized the importance of proper implementation of Artificial Intelligence (AI) in the insurance industry. The need for accurate data and the identification of valuable data sources were key themes discussed. Also Magdalena Ramada Sarasola, PhD, Head of Insurtechs at WTW, delivered a thought-provoking presentation on the intelligent interpretation of data. Risks have a DNA, and we can uncode it, if we know how to interpret its structure.
Additionally, we attended a lecture by RGAX, where Emmanuel D. shed light on the social impact generated through small actions. ESG policies linked to insurers were explored, revealing a new metric – SROI (Sustainable Return on Impact). This metric highlights the social impact achieved through insuring underserved populations and represents a key focus for companies like us commitment to creating sustainable change.
Engaging Content and Informative Conversations
Luanna Eroles and Sarah Myerscough, a podcaster and a host at the event, captivated attendees with their fresh perspectives and thought-provoking discussions. The lively interaction was part of the talk360 series, adding a touch of European voice and humor to the event. Interviews will be published soon on Linkedin and other media channels.
The Influence of Chat GPT: A Fun Twist
Lastly, In the middle of so much interaction and discussion about the future of industry, we humorously acknowledges the assistance of Chat GPT in creating this press release. Chat GPT read our Linkedin posts and created na article for readers like you. This playful remark reflects the event’s discussions surrounding the positive implications of AI in the insurance industry. Think about it.
About SAMPLEMED
SAMPLEMED is a pioneering insurtech company dedicated to transforming the insurance landscape through cutting-edge technology and innovative solutions. With a strong focus on data intelligence, AI-driven insights for automating life underwriting. We are committed to driving positive change in the insurance industry.
Embased in all showecased at the event, we can say we are in track with the revolution of insurance. Our innovative solutions, such as s360.life, are powerful tools to empower companies with actionable insights and maximize the potential of AI-driven decision-making. SAMPLEMED’s Rule Bank module within s360.life was highlighted as an intuitive solution to unlock the intelligence hidden within various data points. This innovative feature enhances companies’ ability to interpret complex data sets in medical underwriting, facilitating informed decision-making and improving performance. Our own DNA for decoding Medical risks for Life underwriting.
S360.life
For media inquiries, please contact
Luanna Eroles
Insurtech, Product Owner and Innovator
Email:Â luanna.eroles@samplemed.com