Launch of the partnership between Insurance & Pension and Copenhagen Fintech

Many insurers remain focused on enhancing legacy systems, products, and business models while neglecting to devote enough resources to more disruptive innovations that might differentiate them in an increasingly customer-centric economy AND in a marketplace that is becoming more global. The future will not be defined by local players alone.

Furthermore 'Open Insurance' will also challenge the established industry in ways we can only imagine. Insurance will be embedded in other products and services and customers will engage with new entrants from many other industries. This will demand a new and radical approach to partnerships.

Fundamentally, insurers no longer own the narrative on innovation. Indeed, most transformative innovation is taking place and being financed outside the industry, thanks in large part to the insurtech boom of the past decade.

Ultimately, to futureproof their business, insurers will likely need to expand upon core innovations to jumpstart adjacent and transformational efforts. This masterclass will give you concrete examples of how technology is fueling the reinvention of the incumbent players and why open innovation should be at the core of your innovation strategy.

Agenda for the day:

The big question is: will the future of insurance happen without insurance firms?

9.00 am Welcome by Thomas Krogh Jensen, CEO, Copenhagen Fintech

9.05 am Incumbent reinvention through open innovation by Thomas Krogh Jensen, CEO, Copenhagen Fintech

9.15 am Embedded insurance fueled by technology by Esben T. Nielsen, Co-founder & CCO, Penni.io

9.30 am The Journey to AI in Customer Service by Heidi Torm, IT Director, Topdanmark and Line Christa Amanda Sørensen, CCO, Trifork

10.00 am World’s 1st Catastrophe Bond by Adam Bornstein, Lead, Innovative Finance & Systems Change, Danish Red Cross

10.20 am World's 1st low-cost life insurance on blockchain by Zayd Edrylson Tolentino, CTO, Singlife

10.45 am Wrap-up by Sigrid Floor Toft, Head of Digitalisation, Insurance & Pension

Masterclasses are normally limited to our commercial partners, but to celebrate our new partnership with the Danish insurance industry association, 'Insurance & Pension', we have chosen to make it open and available to everyone this time.