Digital marine insurance collaboration

The Power20 Summit

Bringing together leaders from across the insurance industry

The Concirrus Power20 is a community of like-minded digital visionaries focused on harnessing new technologies to drive value in the Marine Insurance market. 


Power20 Summit

Representatives from across the value chain shared perspectives on direction, integration and the value they expect to see from digital tools moving forward during the very first Concirrus Power20 Summit. Watch this short video to find out more.

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Digital transformation is all about people

Alem Jasarevic, Chief Operating Officer at Skuld shared the journey taking place within their organisation as they adopt machine learning and big data to better support their clients. Skuld's focus on digitalisation is four-fold:


Gain a better understanding of risk


Improve loss prevention activities


Ensure compliance though sanctions monitoring


Develop new products and services


The Broker proposition of the future

Marcus Baker, Global Head of Marine and Cargo at Marsh JLT Specialty put forward a series of critical questions around the future of the broker, distilling them into four themes: 


Data and technology


Consumer focus





“The future is unknowable, but that’s not an excuse for inaction.”

Marcus Baker, Global Head of Marine and Cargo at Marsh JLT Specialty

Reinsurance data insights

Laurence Lee-Tsang-Tan, Head of Actuarial Analytics and Capital Management at Willis Re spoke about the need to turn data into value-added insights for insurance clients. 

The Decile 10 initiative has accelerated the understanding of technological benefits of digital and Laurence predicted that once the benefits are better understood, adoption will vastly improve.

Laurence also touched on the opportunities for digitalisation in the cargo insurance market.


Download our guide to predictive pricing in marine insurance

If you're interested in finding out the new pricing capabilities enabled by digital transformation in marine insurance download our guide by clicking the link below.



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