Fifth Step attended the Monte Carlo 2018 Rendezvous to get the lowdown on what is happening in the complex world of reinsurance. The major story from our point of view was that Lloyd’s would reject any syndicate business plans that do not show a reduction in expenses for 2019, according to performance management director Jon Hancock who was talking to Insurance Insider magazine.
In recent years as it has become increasingly clear that technology, IT leadership and project management skills need to become an essential weapon in a modern insurance company’s armoury. That’s why I made a point of attending this year’s Monte Carlo Reinsurance Rendez-Vous to see if there was anything I could take away from the event that would be of interest to Fifth Step’s CIO and IT Leader clients, and which they should be aware of from RVS 2017.