Assistant Treasurer Stephen Jones has been announced as the keynote speaker for the Insurance Council of Australia’s (ICA) Annual Conference in Sydney in 2023. The conference, scheduled for October 12th at the Fullerton Hotel, is set to draw around 400 participants from industry leaders, regulators, and commentators.
Minister Jones, who led an insurance delegation to London and Munich last month, will address critical issues impacting insurance premiums in Australia during his keynote speech. The delegation met with global reinsurers and leaders of the insurance sector to discuss topics such as insurance affordability, AI, cyber risk, and climate change.
According to Insurance Council of Australia CEO Andrew Hall, the conference is an important platform for the industry to discuss and address the challenges faced by the insurance sector. With three years of extreme weather events, ongoing hard market conditions, and global inflation impacting affordability and availability, ensuring the right settings for the insurance industry to support communities and the economy is of utmost importance.
This collaborative and constructive relationship between the ICA and the Assistant Treasurer has been ongoing since the election of the Albanese Government 18 months ago. The ICA invites stakeholders in the insurance market to participate in the conference by purchasing one of the few remaining tickets.
For more information about the program and to register and purchase tickets, please visit the Insurance Council of Australia’s website (link included in the original article).
In conclusion, the ICA’s 2023 Annual Conference in Sydney will provide a valuable forum for industry leaders, regulators, and commentators to discuss and address critical issues impacting the insurance sector in Australia. Assistant Treasurer Stephen Jones will deliver the keynote address, drawing on his recent delegation to London and Munich. The conference aims to find solutions to challenges surrounding insurance affordability, employment, AI, climate change, cyber risk, and the 2022 floods.