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The role of (Re)Insurance industryis to make our society resilient

Technology and big data trendsare changing the business landscape

Explosion of data volume

Rapid change in consumer behaviour

Internet of things and people

Substantial increase in computational power

Proliferation of digital platforms / market places

Significant improvements in sensing and analytical capabilities

Digital TransformationDigital Enablers

Disruption ofdistribution

New data for augmented & lean underwriting

Changing the risklandscape

Impact on (Re)InsurersChanging the risk landscape

5

Autonomous transportation& logistics systems, smart cities,sensor-based agriculture Frequency vs severity

Preventive maintenance,sensor based surveillance Reduction of man-made risks,

effective emergency relief

Cyber, 3D-Printing, smart implants & smart surgery Liability questions about

new products & services

Emerging systemic risks

Risk reduction thanks to mitigation

New risks emergeNew risks driven by technological environment

6

Cognitive systems,multi variables decision making augmented underwriting,

automated claims management

Cognitive systems and crowd sourcing will commoditise data exploitation and insight-generation new market entrants

Wearables, sensors will provide real-time and behavioural data assessment of real-time

circumstantial risk

Silicon-based knowledge work will replace humans in insurance process

Commoditisation of knowledge enables new market entrants

Fingerprinting enables better risk assessment and predictive modelling

Better risk assessment, underwriting& mitigation

Impact on (Re)InsurersNew data for augmented & lean underwriting

7

On-demand insurance viadigital mobility, travelling and communication platforms

Partnerships with telecommunication providers and manufacturersto access new risks

System of Engagement (SOEs),Advisory Systems, sensor-based insurance

Digital distribution enables agile and contextual insurance solutions

New partnerships emerge and attack incumbent primary insurers

More granular segmenting and better engagement of customers

Newchannels to access risk

Impact on (Re)InsurersDisruption of distribution

Make our world more resilient