IWC 2016

Last Thursday, November 24th, most of the European insurance and financial sector had their eyes and ears set on Madrid as organized by Community of Insurance, and under the title Insurance World Distribution Challenges 2016 was held at the Hotel Hesperia Madrid before more than 200 attendees in the morning and afternoon, an international private event on the challenges facing the distribution of insurance of great scope and content.

It was sponsored by important players in the insurance and financial sector such as VidaCaixa, Accenture, BlackRock, Solventis, Arag and Audi Retail.

With a focus on the new challenges associated with the new ways of creating and developing new markets in mature environments, and in the quest to expand the market and ensure that the demand for insurance and the supply of them coincide where they still do not today. And all this influenced by the digital revolution that surrounds us.

Insurance experts, and international and Spanish consultants presented their ideas and experiences on the present reality in these matters trying to show the audience what change actions are currently being taken by companies and managers in the sector in search of the confluence that current customers demand from their current and / or future insurers.

The result, both in terms of the contents dealt with and the speakers’ presentations, was widely accepted by all the attendees, who showed their opinions both in the surveys to which they were invited to respond and in the questions they asked the speakers at the end of each speaker’s intervention.

The ideas that defined the day were “LOW INTEREST RATES”, “DIGITAL COMPETITION”, “REPUTATIONAL INSURANCE DEFICIT”, and “INSURTECH”.

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