Big Data and Insurance

Date and Time: 
4/3/2014
Location: 
Starr Hall, Law School Campus

REGISTRATION IS NOW CLOSED

BIG DATA AND INSURANCE

 

A day-long symposium hosted by

The Insurance Law Center

and

The Connecticut Insurance Law Journal

University of Connecticut School of Law

Starr Hall

Thursday, April 3, 2014

8:00 am - 4:15 pm

 

The revolution in the technology of data known as “Big Data” poses technological and organizational challenges for the field of insurance.  Will we see a new paradigm of insurance that puts data at the center of its activity (and no longer only risk)?  Similarly, which values, which norms, which regulation should govern the new world of data?  This latter question has important implications for the regulation of data (until now little experienced in the insurance context): the ownership of data, their use in risk classification and evidence-based healthcare, and protections against the abuse of data (privacy and discrimination).  In this symposium, we will explore these issues, bringing together the experience of insurers, scholars, and regulators on both sides of the Atlantic.

8:15  Continental Breakfast

8:45  Welcome to the Law School

9:00  Big Data and the Paradigm of Insurance

Eric Brat, Senior Partner and Managing Director, The Boston Consulting Group

François Ewald, Scholar in Residence and International Research Fellow, University of Connecticut School of Law

Cyrille de Montgolfier, Senior Vice President European and Public Affairs, AXA Group

Moderator:  Patricia A. McCoy, University of Connecticut School of Law

10:15  Break

10:30  Big Data, Risk Classification, and Adverse Selection

Christophe Geissler, Chief Scientific Officer, Quinten

Peter Siegelman, Roger Sherman Professor of Law, University of Connecticut School of Law

Rick Swedloff, Assistant Professor of Law, Rutgers School of Law—Camden

Moderator:  Peter Kochenburger, University of Connecticut School of Law

11:45  Luncheon

Luncheon Keynote Address

The Hon. George Jepsen, Connecticut Attorney General

1:30  Big Data and the Consequences for the Management of Health Care

Tom Baker, William Maul Measey Professor of Law and Health Sciences, University of Pennsylvania Law School

JudyAnn Bigby, Senior Fellow, Mathematica Policy Research and past Secretary of Health and Human Services for the Commonwealth of Massachusetts

Sharona Hoffman, Edgar A. Hahn Professor of Law, Professor of Bioethics, and Co-Director of the Law-Medicine Center at Case Western Reserve University

Moderator:  John Aloysius Cogan, Jr., University of Connecticut School of Law

3:00  Global Regulatory Implications of Big Data in Insurance:  Social Values and Norms

Matthew F. Fitzsimmons, Assistant Attorney General and Chair, Privacy Task Force, Office of the Attorney General, State of Connecticut

Andromachi Georgosouli, Senior Lecturer, Centre for Commercial Law Studies, Queen Mary, University of London

Romain Paserot, Director of Cross-functional and Specialized Supervision, Autorité de contrôle prudentiel, France

Moderator:  Francois Ewald, University of Connecticut School of Law

4:15     Conference Conclusion