Pravina Ladva & Sabine VanderLinden
Candid insights from two female insurance leaders shaping the future of the industry.
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In our three-part video discussion Pravina Ladva, Swiss Re's Chief Digital & Technology Officer, and Sabine VanderLinden, Managing Partner & CEO Alchemy Crew, explore the disruption digitalisation brings into the re/insurance industry – from the rise of new risks such as cyber threats to the creation of new risk pools for insurers.
Swiss Re Institute's new sigma report The economics of digitalisation in insurance: new risks, new solutions and new efficiencies serves as the compass for their conversation, guiding them through a discussion of the transformative forces reshaping the industry.
Part 1 The economics of digitalisation in insurance
In the view of Pravina Ladva, Swiss Re's Chief Digital & Technology Officer, and Sabine VanderLinden, Managing Partner & CEO Alchemy Crew, digitalisation enhances insurers' capabilities by enabling them to monitor, mitigate, and price risks more efficiently, allowing for more tailored insurance solutions that can help close insurance protection gaps. In their vibrant discussion Pravina and Sabine don't just deep-dive into opportunities, but also the challenges that come with new technologies and the reliance on digital infrastructure.
Part 2 Digitalisation in insurance: New risk pools and opportunities
"2023 will be the year of Generative AI in terms of investment", says Sabine VanderLinden, Managing Partner & CEO Alchemy Crew. Pravina Ladva, Swiss Re's Chief Digital & Technology Officer, shares use cases of Artificial Intelligence that demonstrate how insurers can help increase resilience in societies, for both the insurance industry and consumers alike. However, Pravina says, before getting too excited about new technologies she always first considers which benefits will be created and which problems can be solved.
Part 3 The impact of AI and the challenge of capabilities gaps
"If insurers adopt a new technology like Artificial Intelligence and still carry on working in the same ways they did ten years ago, the value of that technology now is not being leveraged", states Pravina Ladva, Swiss Re's Chief Digital & Technology Officer. In the debate with Sabine VanderLinden, Managing Partner & CEO Alchemy Crew, Swiss Re's GDTO Pravina explores how the industry can solve challenges like inadequate data capabilities and create a win-win collaboration with insurtechs.