Fair Competition vs Aggressive Competition in Motor Insurance

BSA are speaking at the 3rd Annual Motor Conference, hosted by the Emirates Insurance Association, on Wednesday 29 September 2021. Join us for a series of insightful sessions on 'Fair Competition vs Aggressive Competition in Motor Insurance'. Full details below.

EVENT DETAILS

  • Date: Wednesday 29 September 2021
  • Time: 11:00 – 16:00 GST
  • Format: Online – register here

AGENDA

Time Session Speaker
11:00 – 11:20

 Inauguration Speech: Emirates Insurance Association

 Mr. Fareed Lutfi
General Secretary
Emirates Insurance Association
11:20 – 11:30 Keynote Speech: Chairman of Motor Technical Committee Hussein El Sherbini
Finance & Administration Manager
Emirates Insurance Association
Session One

11:30 – 12:30

 Does the current legal & regulatory framework cater for open and fair competition?

  • Recent amendments to the Motor Unified Policy Wordings
  • Digital distribution and regulatory challenges
  • Unified & Shared Claims data – the legal implications
  • Q&A
 Simon Isgar
Partner & Head of Insurance
BSAAnand Singh
Senior Associate, Insurance
BSADiscover more about our insurance group here  
Session Two

12:30 – 13:30

 Industry trends and improvement areas in pricing

  • Motor industry trends & benchmarking
  • Pricing methodologies
  • Telematics / pay-as-you-drive
  • Q&A
 Hatim Maskawala
Managing Director
Badri Management ConsultancyOmar Khan
Manager – Actuarial Services
Badri Management ConsultancyNavin Ghorawat
Senior Manager
Badri Management Consultancy 
13:30 – 13:45 Virtual Tea & Prayer Break
Session Three

13:45 – 14:30

 Insight on motor underwriting practices in the UAE and the importance of data captures & analytics

  • The role of underwriting practices
  • Growth vs Profitability
  • Need for capturing data
  • Q&A
 Muhammad Usama Dangra
Senior Manager
SHMA ConsultingSyed Shiraz Anwar
Manager
SHMA Consulting
Session Four

14:45 – 15:30

 E-motor pricing, innovative solutions

  • The future of motor insurance: digitization of processes
  • Omnichannel distribution of insurance products
  • New technology
  • Q&A
 Prakash Viswanathan
Founder & CEO
IGA MetaValue 
15:45 – 16:00 Closing remarks Emirates Insurance Association

For any queries, please contact: yelena.i@maarefah-management.org

Register to attend here