Join a group of leading property underwriters in a roundtable as we discuss the property risk intelligence gap and how to bridge it.

"Pick the wrong risk, and it could cost you a hundred million. Wrong pricing, maybe a hundred thousand. That's the asymmetry nobody talks about."

Chief Underwriting Officer, global carrier

The subject:

Only 7% of UK properties are adequately characterised in underwriting files. The other 93% are insured for the wrong amount.

Your underwriters already know this. They spend half their working week on it:

50–55% of underwriter time goes on chasing data rather than judging risk

40–50% of submissions arrive incomplete

~25% manual error rate in underwriting workflows

3 to 5 out of 10 — how underwriters rate their access to risk intelligence at the moment of decision

"We are making billion-dollar portfolio decisions on data that wouldn't pass a first-year audit."

Chief Underwriting Officer, global carrier

The session:

On 17 September we are convening a small, expert group at Lloyd's Lab to work through what this means in practice — and how to fix it.

Anthony Peake, CEO of Intelligent AI, and Sabine VanderLinden, CEO of Alchemy Crew Ventures, will open with a short conversation setting out the research findings and where they diverge from received wisdom in the market. Sabine will then chair a roundtable held under the Chatham House Rule.

This is a working session, not a presentation. The room is capped at 15 so that everyone can contribute.

Agenda:

09:45 — Arrival, coffee, badge collection

10:00 — Framing the gap: Anthony Peake and Sabine VanderLinden in conversation

10:30 — Roundtable, chaired by Sabine VanderLinden (Chatham House Rule)

11:45 — Close, and refreshments

The session ends formally at 11:45. Refreshments and open conversation run until 12:30

Who should be in the room:

The session is designed for people with direct accountability for commercial property risk selection, pricing, or portfolio exposure:

• Insurers — Chief Underwriting Officers, Property Underwriting Directors, Heads of Exposure Management and Accumulation, Heads of Pricing, Chief Data Officers

• Brokers — Heads of Property and Real Estate, Risk Services Directors, Heads of Insurer Relations, Group Technical Directors

• MGAs — CUOs and Directors of Underwriting, Heads of Property, Heads of Delegated Authority

Note: Registration is reviewed by the organiser to keep the composition of the room balanced across insurer, broker and MGA perspectives.

Your hosts:

Anthony Peake — CEO of Intelligent AI and co-author of the paper. Led teams that delivered risk and underwriting platforms for AXA, QBE, RSA, XL Catlin, Aviva and Amlin. Intelligent AI focusses on delivering deep innovation in the underwriting and risk management space. Their latest release of the Risk Explorer provides structured property risk data into underwriting workflows for UK and US carriers.

Sabine VanderLinden — CEO of Alchemy Crew Ventures and co-author. 25+ years in insurance and financial services, from regulatory oversight at Lloyd's of London through senior technology leadership at IBM, FICO and Pega.

Getting here:

Lloyd's Lab, Hopper Room, The Lloyd's Building, 1 Lime Street, London EC3M 7HA

Note: If you do not already hold a Lloyd's pass, please bring along either a driving licence or passport as ID and we will organise a guest pass.

Description supplied by the event organiser.