Tag: Alumni

AIR-Q Insuretech Forum: the Future of Insurance is Now!

Tech is a game-changer across all industries, but none more than insurance.

I was delighted to work on this year’s Actuarial, Insurance, Risk and Quants (AIR-Q) society forum. This year, we selected a focus on insuretech, which is a very pertinent issue within the insurance space. The event brings together students from the Actuarial and Insurance and Risk master’s cohorts as well as insurance industry practitioners and is held at Cass Business School.

The impact of technology cuts across both market needs and service delivery for insurance providers. As Co-President of the AIR-Q society, myself and the rest of the committee felt it was important for students to consider the changing landscape as we prepare to start our professional lives in the sector.

Through keynote addresses provided by esteemed guests Madeline Bailey, James Norman, Massimo Vascotto and Rahul Mathur, attendees got a chance to listen in on how insuretech is expected to transform the future industry roles and market needs.

Speakers illustrated how the sector is already changing. For example, the US-based insuretech startup Lemonade uses AI for most of its operations, including underwriting and claims management. This presents opportunities for “insurance-on-demand” which could be as influential a disruptor as Uber was in the taxi sector.

The speakers’ talks were followed by an interactive panel discussion. One of my key takeaways was that insuretech can be a tool for the optimisation of insurance products and services. Madeline Bailey gave an example of how the Insurewave platform uses blockchain technology to make marine insurance more efficient, thus providing better protection for the very complex maritime logistics sector.

For students to gain an edge in this changing market, they need to equip themselves with modern skills such as programming and data analysis. It is therefore clear why Cass shows support for this by offering modules such as Python Programming, Machine Learning, Modelling and Data Analysis and VBA programming among others.

It was not all praise for insuretech though. Insuretech does indeed present new opportunities, but it is also important to remember that at the centre of it all lies the end-consumer of insurance. Domain knowledge and a good understanding of human factors are crucial in the successful implementation of insuretech. This provided a very balanced debate and an engaging learning experience for both speakers and students.

Leading up to the event, myself and my Co-Presidents Maria Bou-Rizk (MSc Insurance and Risk, 2019), Vinit John (MSc Insurance and Risk, 2019) and Peter Vodicka (PhD candidate in Actuarial Science) worked with support of Cass’ events team to book the speakers and venue. With immense gratitude, we received further support by the Faculty of Actuarial Science and Insurance, with Dr. Simone Krummaker moderating the panel discussion. It was an incredible learning experience that tested our teamwork and organisational skills.

At the end of the event, we hosted a networking session which provided the chance for all the attendees to mingle. Overall, it was a great evening and I look forward to many more successful forums!

Eric Ndoria, MSc Actuarial Management (2019)
Co-President,  AIR-Q Society 2019

Cass Real Estate Club Brings Together Speakers, Students, and Alumni at 2019 Conference

The Cass Real Estate Club recently convened its eighth annual May flagship conference at BAFTA Hall, Piccadilly, hosting industry-leading speakers from premier property firms for the 2019 Cass Real Estate Club Summit on Global Investment Strategy.

Focusing this year on global investment strategy, the all-day conference featured exciting panel discussions on a range of topics including global capital flows, innovations in real estate, property development and an intriguing investigation of ultra-high net worth and institutional investment strategies. With leading speakers from premier firms such as UBS, Knight Frank, GIC, CBRE Global Investors, Hines, HFF, Grosvenor, PGIM, LandSec and many more in attendance, over 250 attendees had the opportunity to hear from and network with industry leaders on a variety of subjects in today’s dynamic property market.

Keynotes delivered by Concrete Venture Capital partner, Chris Stephenson, and UBS’s UK Chief Investment Officer, Geoffrey Yu, on the future of innovation in the built environment and global macro-economic outlook offered context as to where the property market is heading near term. Their speeches decoded what we can expect as forthcoming graduates in a constantly innovating built environment.

The attendance and caliber of speakers on the day is not only a testament to the reputation of Cass, but also to the Business School’s continued commitment to engaging current master’s students with both industry leaders and our extensive alumni network. Nearly half of the speakers, all managing directors and department heads of prestigious firms, were Cass alumni or are affiliated with the Business School through professional or personal connections.

The level of engagement from alumni demonstrated the fantastic camaraderie fostered at Cass through an exacting education and continued networking opportunities post-graduation. The nearly six-month process of planning, pitching, booking and organizing the event underscores the hard work and dedication of the entire Real Estate Club team, with support from Cass and the events office.

The event is moving into its ninth year in 2020 and has evolved over the years to become a student-led initiative. Be it crafting panel content, leading sponsorship development for the club, and or gaining experience in organizing a boutique industry event, the conference provides students the opportunity to work with industry leaders.

Events such as Cass REC 2019 are the result of the Cass Real Estate Club’s continued commitment to supporting the Business School’s strategic goals. For nearly a decade, the club has done so through its two-fold mandate: providing forums for networking and learning so that master’s students and alumni can connect; and raising funds for the Real Estate Club’s scholarship initiative which benefits two incoming MSc Real Estate or MSc Real Estate Investment students each year. Successful venture partnerships with Drooms and Altus Group, along with strategic media partnerships with CoStar and Real Estate Fund Intelligence, made Cass REC 2019 a fun, successful and fruitful day of insight and networking. The club thoroughly looks forward to welcoming everyone next year to Cass REC 2020!

Myles Hooper, MSc Real Estate (2019)
Vice President, Cass Real Estate Club 2019

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