Triple-I Releases Final Agenda for Dec. 1 Joint Industry Forum

NEW YORK, Nov. 23 (TNSconf) -- The Insurance Information Institute issued the following news release:

The annual Joint Industry Forum (JIF) will convene in New York City on Thursday, Dec. 1, offering its audience expert perspectives on the state of the insurance industry, according to the Insurance Information Institute (Triple-I).

Built around the theme of Leaning Forward into a Changed World, 2022's JIF agenda includes these six panels:

* Triple-I's 2022 Economic Review and 2023 Preview*

* Climate-Related Risks Rise in Wildfire-Prone States*

* Cyber Risk: Role and Limits of Insurance in an Evolving Threat Landscape

* Insurers Embrace Diversity, Equity, and Inclusion (DEI)

* CEO Executive Exchange with State Farm CEO Michael Tipsord

* Growing Courtroom Costs Give Rise to Legal System Abuse

Insurers and reinsurers faced in 2022 challenging economic trends, such as inflation and supply chain disruptions, and responded swiftly to extraordinary natural disasters like Hurricane Ian, which is widely expected to be the second-costliest insurance event in U.S. history, the JIF program notes.

"Given the sizable insured loss payouts incurred annually due to U.S. natural disasters, our industry is at an inflection point. We must move from "detect and repair" to "predict and prevent" because the traditional risk transfer tools are no longer sufficient in many lines of insurance," said Sean Kevelighan, CEO, Triple-I, who will deliver the event's introductory remarks at 10:30 a.m. at the New York Hilton Midtown,1335 Avenue of the Americas, New York City. "Thus, we need to work with customers to better mitigate their risks to prevent the loss or claim from ever happening. This is undoubtedly a win-win -- for our industry, and most importantly, our customers."

Peter Miller, CEO, The Institutes, of which the Triple-I is an affiliate, and William Ross, CEO, Insurance Industry Charitable Foundation, are among the other featured speakers on the JIF program.

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Original text here: https://www.iii.org/press-release/triple-i-releases-final-agenda-for-dec-1-joint-industry-forum-112222