Strategies in Insurance

Exclusively reserved for MIB Trieste Students

5-6 MAY 2025

DURATION: 3 training days
LECTURER: Christopher Parsons, Cass Business School, London - UK | Visiting Faculty MIB Trieste School of Management

This course focuses on the challenges which managers of insurance enterprises now face, in the aftermath of the financial crisis and the era of economic austerity which the crisis has brought about in Europe and the Western world. The aim of the course is to identify and explore the main forces and drivers of change currently operating in insurance markets, the issues and problems that arise from them and the corporate and business strategies which insurers might adopt to ensure their successful survival.

Main topics:

• The role of insurance industry in the world financial system
• The financial crisis and its impact on insurance markets
• The current economic environment and its impact on insurance
• The impact of regulation on insurance markets – past, present and future
• Shifts in the relationship between private insurance and social insurance
• "Insurance is different" – how insurance differs from other businesses, and implications for managers
• Common corporate and business strategies in insurance and financial services
• The insurance value chain – old patterns and new models
• Trends in insurance distribution
• Convergence in insurance and financial services and the future of bancassurance
• Drivers of change in insurance markets, including the impact of technology
• Exploiting new insurance products and new markets, including emerging markets