BILTIR Conference - Sept 18 2014
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Transcript of BILTIR Conference - Sept 18 2014
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BILTIR – Life Reinsurance Operations – Why is it
broken?
September 18, 2014
Bermuda
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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
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3SEPTEMBER 18, 2014
INFORCE & AVERAGE FACE AMOUNTS
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4SEPTEMBER 18, 2014
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5SEPTEMBER 18, 2014
LIFE INSURANCE SERVICE CHAIN
INSURED
AGENT
MGA/BGA
INSURER
REINSURER
RETROCESSIONAIRE
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6SEPTEMBER 18, 2014
DATA FLOW IN INSURANCEMID 1980’S TO MID 1990’S
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7SEPTEMBER 18, 2014
DATA FLOW IN INSURANCEMID 1990’S TO MID 2000’S
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8SEPTEMBER 18, 2014
DATA FLOW IN INSURANCETODAY???
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9SEPTEMBER 18, 2014
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10SEPTEMBER 18, 2014
CAPTCHA AND RECAPTCHA
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11SEPTEMBER 18, 2014
DATA & SOCIAL REACH
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12SEPTEMBER 18, 2014
DATATHE ZETTABYTE ERA
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13SEPTEMBER 18, 2014
WHAT IS A ZETTABYTE?
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14SEPTEMBER 18, 2014
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15SEPTEMBER 18, 2014
THE INTERNET OF THINGS
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16SEPTEMBER 18, 2014
Where is all this data coming from?
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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…
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18SEPTEMBER 18, 2014
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19SEPTEMBER 18, 2014
WEARABLE TECH & THE QUANTIFIED SELF
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20SEPTEMBER 18, 2014
Chris Murumets, CEO, LOGiQ3
Website: www.logiq3.comEmail: [email protected] YOU!
CONNECT WITH ME @cmurumets
/chrismurumets