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M2M Telematics for Usage Based Insurance
19 February - 20 February 2014
M2M Telematics for Usage Based Insurance

The insurance and M2M telematics industry are racing to implement Usage Based Insurance to gain competitive advantage and meet increasing commmercial and private consumer demand.  

New data strategies will also be a key opportunity for the industry to increase customer loyalty as their customers learn to rely on them for analytical insight into how they can save money through behavioural driving modifications.

The M2M telematics market is ideally positioned to facilitate the transformation of old business models to new usage based insurance products, driving new platforms for insurers to attract new customers, increase profits, lower claims rates, improve customer satisfaction and reduce fraud.

From new device development and connectivity partners, to dynamic, real-time data on driver behavior, companies now have the opportunity to understand risk at a much deeper level and the ability to translate this intelligence into meaningful commercial business opportunities.

Join us for our second annual M2M telematics conference this February, and don't miss the pre conference workshop on leveraging Big Data in telematics, automotive and insurance.

FEATURED SPEAKERS

Crispin Moger

Crispin Moger

Managing Director, Marmalade Ltd
Ibrahim Ozturk

Ibrahim Ozturk

M2M Product Manager, Turkcell Iletisim Hizmetleri A.S.
Manjit Rana

Manjit Rana

Founder and Director, Ingenin
Paul Middle

Paul Middle

Telematics Lead, RSA Insurance Group Plc
Rory Morgan

Rory Morgan

National Logistics General Manager, Iron Mountain

Andrew Parker

Partner, DAC Beachcroft
Andrew  Parker

Andrew Price

Practice Leader-Motor Fleet, Zurich Insurance
Andrew Price

Antti Aumo

Marketing Director, Car Connectivity Consortium
Antti Aumo

Caroline Currie

Sales Director, Autoline Insurance Group
Caroline Currie

Colin Smithers

CEO, REDTAIL Telematics Corporation
Colin Smithers

Crispin Moger

Managing Director, Marmalade Ltd
Crispin Moger

Ed Rochfort

Product Director, Carrot Insurance
Ed Rochfort

Ibrahim Ozturk

M2M Product Manager, Turkcell Iletisim Hizmetleri A.S.
Ibrahim Ozturk

Johan Strydom

Consulting Actuary, The Actuarial Consultants
Johan Strydom

Manjit Rana

Founder and Director, Ingenin
Manjit Rana

Marcel Visser

Director Business Development, Automotive Segment, , Gemalto
Marcel Visser

Mark Grant

Business Development Director , Insurethebox
Mark  Grant

Mark Fensome

Managing Director, Progressive Platforms
Mark Fensome

Matt Hatton

Director, Machina Research
Matt Hatton

Paul Middle

Telematics Lead, RSA Insurance Group Plc
Paul Middle

Phillip Swift

Managing Director, CMA Claims
Phillip  Swift

Richard Jelbert

Consultant, ImageMine Solutions Ltd
Richard  Jelbert

Rory Morgan

National Logistics General Manager, Iron Mountain
Rory Morgan

Thomas Hallauer

Director of Marketing & Research, Ptolemus Consulting Group
Thomas Hallauer

Tony Lovick

Senior Consultant, Towers Watson
Tony Lovick

sponsors

Conference agenda

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8:30

Registration & Coffee

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9:00

Chairman's Opening Remarks

Matt Hatton

Matt Hatton, Director, Machina Research

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9:10

Making the insurance telematics business case work

Thomas Hallauer

Thomas Hallauer, Director of Marketing & Research, Ptolemus Consulting Group

  • What are the key financial levers to pull to reach a positive case for telematics?
  • What does the experience of UBI pioneers teach us?
  • How the strategy must be adapted to the local environment
  • What will be the impact of UBI on the insurer's motor book overall?
  • clock

    9:40

    Risk and Reward for Policy Holders

    Mark  Grant

    Mark Grant, Business Development Director , Insurethebox

    clock

    10:10

    The changing FACES of UBI

    Mark Fensome

    Mark Fensome , Managing Director, Progressive Platforms

    • Fleet/Applications/Connectivity/Equipment/Services
    • Connecting the driver to the vehicle
    • Encouraging consumer involvement
    • Evolving the current M2M strategy to increase UBI adoption
    • Need for a unified standard on driver behaviour

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    10:50

    Morning Coffee

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    11:20

    Practical limits of crash reconstruction using telematics

    Colin Smithers

    Colin Smithers, CEO, REDTAIL Telematics Corporation

  • Examples of crashes reconstructed
  • Sources of error and error mitigation
  • Black box versus smartphone as data sources
  • 1kHz sampling and Gyros – are they really necessary?
  • clock

    12:00

    Innovation with the App

  • Roadsafe Reward  -  the journey so far
  • Telematics premiums  -  to renewal & beyond
  • What can you learn from Telematics data?
  • What’s coming next in insurer Telematics?
  • Caroline Currie

    Caroline Currie, Sales Director, Autoline Insurance Group

    Richard  Jelbert

    Richard Jelbert, Consultant, ImageMine Solutions Ltd

    clock

    12:30

    Panel debate: Reinventing the insurance business?

  • How quickly user-based insurance will jump from niche to mainstream? 
  • What new models are creating opportunity? 
  • Risks associated with new models
  • What challenges will reshape our business further?
  • How will we serve customers more differently? How will be engage and market to them differently?
  • Crispin Moger

    Crispin Moger, Managing Director, Marmalade Ltd

    Manjit Rana

    Manjit Rana, Founder and Director, Ingenin

    Mark Fensome

    Mark Fensome , Managing Director, Progressive Platforms

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    13:00

    Networking Lunch

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    14:00

    Usage Based Insurance for Young Drivers –Embracing the connected lifestyle

    Crispin Moger

    Crispin Moger, Managing Director, Marmalade Ltd

  • Understanding behaviors of the next generation of drivers; lifestyles of Generation Y
  • Young drivers as a business model versus traditional insurance – what is the consumer proposition
  • Partnerships with Car Manufacturers to get young drivers 'On Brand
  • Insight into new business models 
  • Technology development and partnerships
  • clock

    14:30

    Facts about UBI and Turkey's Insurance Market: Ultimate leverage role of MNO

    Ibrahim Ozturk

    Ibrahim Ozturk, M2M Product Manager, Turkcell Iletisim Hizmetleri A.S.

  • Facts and figures of Insurance Market
  • Barriers for UBI
  • Leverage role of MNO
  • Insurance telematics can enhance the insurer’s brand relationship with customers
  • Opportunities for creating greater loyalty to the insurer brand
  • clock

    15:00

    Afternoon Tea

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    15:30

    Bringing the telematics proposition to independent brokers

    Johan Strydom

    Johan Strydom, Consulting Actuary, The Actuarial Consultants

    • How can independent brokers compete in a price driven market?
    • Telematics Insurance for mass market or niche segments
    • Selling tins of beans or individual advice
    • Customising insurance for a client's needs
     

    clock

    16:00

    Applications for telematics in the claims environment

    Phillip  Swift

    Phillip Swift, Managing Director, CMA Claims

  • Applications for telematics in the claims environment
  •  Applying claims handling processes that mirror the benefits of telematics – why put a state of the art device in the car only to have it activate a claims process that is archaic?
  • Is investigation required – if so, when , of what / whom i.e. can telematics design-out some investigation (am I cutting my own throat?)
  • Data analysis
  •  Fraud
  • clock

    16:30

    Encouraging innovation for customers and insurer

    Paul Middle

    Paul Middle, Telematics Lead, RSA Insurance Group Plc

    • For customers fairer and more personalised with more affordable premiums
    • Insurer is able to understand risk at much higher levels; improves loss ratios and increasing profitability
    • Positive impacts on the broader community, by encouraging safer, 'greener' driving.
     

    clock

    17:00

    Chairman's closing remarks and close of Day One

    clock

    8:30

    Registration & Coffee

    clock

    9:00

    Chairman's Opening Remarks

    clock

    9:10

    Telematics in action - insurer and customer initiatives

  • How are telematic systems used to manage risk in fleets?
  • Key success indicators and common pitfalls
  • Case study - Iron Mountain
  • Andrew Price

    Andrew Price, Practice Leader-Motor Fleet, Zurich Insurance

    Rory Morgan

    Rory Morgan, National Logistics General Manager, Iron Mountain

    clock

    9:50

    Active risk management - how to radically improve risk profiles by acting on telematics data

    Ed Rochfort

    Ed Rochfort, Product Director, Carrot Insurance

  • Selection or interference?
  • Engage with or dispose of customers
  • Why the mass market is different
  • Are we about to enter the Dark Ages of telematics?
  • clock

    10:30

    Morning Coffee

    clock

    11:00

    Vehicle Telematics

    Marcel Visser

    Marcel Visser, Director Business Development, Automotive Segment, , Gemalto

    Demand for Open Platform
    • Challenges, Requirements
    Enduser Demand for Data Privacy and Integrity
    • Bridging from today  accepted applications from other segments to tomorrow
    Pan European eCall
    • The wave, latest status

    clock

    11:40

    Using smartphone based telematics to create engaging propositions for consumers

    Manjit Rana

    Manjit Rana, Founder and Director, Ingenin

    -          How do you create truly engaging insurance apps?
    -          What are consumers really interested in and how do you motivate them to use smartphone based telematics solutions?
    -          Is it all about pricing or can we create better relationships by using telematics to deliver more engaging value to our clients
    -          Better claims management or Prevention 2.0
    -         Gamification: Enhancing the consumer experience   
    -         The future of the PDE ‘Personal Digital Ecosystem’ and how this may impact telematics propositions of the future.

    clock

    12:20

    Networking Lunch

    clock

    13:20

    M2M, Big Data and the Connected Car

    Antti Aumo

    Antti Aumo, Marketing Director, Car Connectivity Consortium

  • With the amount of big data generated by mobile phones, insurance companies will be tempted to solicit access to carrier data for driver behavior and claims investigations
  • The connected car ecosystem will have to give drivers control of information shared with the carrier via mobile devices or on-board connected systems
  • Insurance companies should consult with technology providers on how to make connectivity technology safer, rather than going after consumers in a manner that invades their privacy and building an "opt-in" system for data usage in helping consumers be more responsible.
  • clock

    14:00

    Data Analytics and uses in all aspects of policy lifecycle

    Tony Lovick

    Tony Lovick, Senior Consultant, Towers Watson

    • Try Before You Buy
    • In-Force policy risk measurement
    • Renewal value and behaviour feedback
    • For each of these know how data can contribute to
    1.       Understanding the driver
    2.       Developing the business model
    3.       Maximizing the data value by turning it into actionable intelligence
     

    clock

    14:40

    Afternoon Tea

    clock

    15:10

    Disruption across the value chain: developments in M2M and impact on UBI

    Matt Hatton

    Matt Hatton, Director, Machina Research

  •  M2M module and device trends
  • Service provider landscape and evolution
  • Network access technology developments
  • clock

    15:50

    Data Protection and Disclosure: who guards the guards?

    Andrew  Parker

    Andrew Parker , Partner, DAC Beachcroft

  • Data management and security issues
  • Fair processing and demands for disclosure
  • Customers' understanding of use and the Consumer Insurance Act 2012
  • Data ownership and renewal - industry standards?
  • clock

    16:30

    Chairman’s Closing Remarks and Close of Day Two


    Director
    Machina Research
    Practice Leader-Motor Fleet
    Zurich Insurance
    Consulting Actuary
    The Actuarial Consultants
    Managing Director
    Marmalade Ltd
    Telematics Lead
    RSA Insurance Group Plc
    Managing Director
    CMA Claims
    Partner
    DAC Beachcroft
    National Logistics General Manager
    Iron Mountain
    Founder and Director
    Ingenin
    Director of Marketing & Research
    Ptolemus Consulting Group
    Managing Director
    Progressive Platforms
    Marketing Director
    Car Connectivity Consortium
    Sales Director
    Autoline Insurance Group
    CEO
    REDTAIL Telematics Corporation
    Product Director
    Carrot Insurance
    Director Business Development, Automotive Segment,
    Gemalto
    Consultant
    ImageMine Solutions Ltd
    Senior Consultant
    Towers Watson
    M2M Product Manager
    Turkcell Iletisim Hizmetleri A.S.
    Business Development Director
    Insurethebox

    Sponsors and Exhibitors

    Sponsors and Exhibitors


    MyDrive Solutions

    Sponsors and Exhibitors
    http://www.mydrivesolutions.com

    MyDrive is a world leader in delivering highly accurate and detailed driver profiles to clients, (principally in the insurance industry), to help them gain a better understanding of an individual driver’s ability. We are an ambitious company working hard to derive behavioural insight from data and to constantly innovate and deliver the best insight possible. We are a young and dynamic team, committed to client delivery and putting the needs of the client firmly at the centre of our thinking. We use smart data analytics and software engineering to enable our clients to build a deeper understanding and deeper relationships with their own customers. We are based in the UK, (offices in London and Reading) and service customers on 6 continents and our clients include some of the world's biggest business brands.

    Marriott Regents Park

    128 King Henry's Road
    London NW3 3ST
    United Kingdom

    Marriott Regents Park

    This 4 star north London hotel in zone 2 is the perfect destination for the astute business traveler as well as the leisure guest that knows how convenient north London hotels are, as a base from which to explore the city .Bond Street is just 3 stops from Swiss Cottage underground station on the Jubilee Line, so you can be shopping, exploring the sights and taking in one of London’s world-renowned West End shows in less than 15 minutes when you stay at this hotel near central London. At the same time, the hive of activity that is Camden Town, the chic shops, cafes and restaurants of Primrose Hill and ZSL’s London Zoo in Regents Park are all just a short walk from this hotel in north London.

    HOTEL BOOKING FORM

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

    CPD Certificates

    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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