biltir conference - sept 18 2014

BILTIR – Life Reinsurance Operations – Why is it

broken?

September 18, 2014

Bermuda

2SEPTEMBER 18, 2014

MY 20 MINUTES WITH

YOU…

1. A brief history of the operations of life reinsurance

a. The Market

b. The Reinsurance Administration Operating Model

2. What really smart people are doing with data

3. The Data Era

4. The Quantified Self

3SEPTEMBER 18, 2014

INFORCE & AVERAGE FACE AMOUNTS

4SEPTEMBER 18, 2014

5SEPTEMBER 18, 2014

LIFE INSURANCE SERVICE CHAIN

INSURED

AGENT

MGA/BGA

INSURER

REINSURER

RETROCESSIONAIRE

6SEPTEMBER 18, 2014

DATA FLOW IN INSURANCEMID 1980’S TO MID 1990’S

7SEPTEMBER 18, 2014

DATA FLOW IN INSURANCEMID 1990’S TO MID 2000’S

8SEPTEMBER 18, 2014

DATA FLOW IN INSURANCETODAY???

9SEPTEMBER 18, 2014

10SEPTEMBER 18, 2014

CAPTCHA AND RECAPTCHA

11SEPTEMBER 18, 2014

DATA & SOCIAL REACH

12SEPTEMBER 18, 2014

DATATHE ZETTABYTE ERA

13SEPTEMBER 18, 2014

WHAT IS A ZETTABYTE?

14SEPTEMBER 18, 2014

15SEPTEMBER 18, 2014

THE INTERNET OF THINGS

16SEPTEMBER 18, 2014

Where is all this data coming from?

17SEPTEMBER 18, 2014

Before you hit “ACCEPT”, read the fine print … …

Allowing app to access:

1) Device 2) Identity3) Contacts/Calendars4) Location5) SMS (Text Msgs)6) Phone 7) Photos/Media/Files

… your entire personal identity

privacy and ownership of your information is gone…

18SEPTEMBER 18, 2014

19SEPTEMBER 18, 2014

WEARABLE TECH & THE QUANTIFIED SELF

20SEPTEMBER 18, 2014

Chris Murumets, CEO, LOGiQ3

Website: www.logiq3.comEmail: chris.murumets@logiq3.comTHANK YOU!

CONNECT WITH ME @cmurumets

/chrismurumets