Signing of an agreement between FMSAR and the Nigerian Association of Insurers

Placed under the patronage of King Mohammed VI, the 9th edition of the Casablanca Insurance Meeting was a great success. Organized from March 8 to 9, this essential platform for debate, exchange and networking brought together more than 1,000 players of 40 nationalities, representatives of the insurance ecosystem, as well as 36 speakers, including officials and experts, to talk about car insurance between technological progress and the evolution of mobility.

The theme of our event is indicative of the growing importance of technology in the evolution of our industry », declared Mohamed Hassan Bensalah, President of the Moroccan Federation of Insurance and Reinsurance Companies (FMSAR), quoted in a press release, at the end of the event.

For two days, the program was rich for professionals in the sector with 7 panels and 4 keynotes on well-targeted themes, such as digitalization, regulation, innovation, new modes of mobility and major trends in automobile insurance. . Subjects which represent both opportunities for the insurance market, but also challenges for insurers faced with a rapidly changing sector, explains the Federation in a press release.

The Casablanca Insurance Meeting also shone the spotlight on the remarkable achievements of Nigeria, the country of honor for this edition, in terms of insurance. A consecration which culminated in the signing of a technical cooperation agreement between the Moroccan Federation of Insurance and Reinsurance Companies and the Nigerian Association of Insurers in various fields, in particular motor insurance, and will focus on professional training , exchanges and other actions aimed at improving the insurance industry in Morocco and Africa announced FRMAR.

On this occasion, Olusegun Omosehin, President of the Nigerian Association of Insurers indicated that ” this agreement will make it possible to share the experience and know-how of the two countries in terms of insurance, and to further strengthen cooperation between Morocco and Nigeria “.

Technological transformation was also at the center of this year’s debates. In his speech at the opening ceremony on Wednesday, Mohamed Hassan Bensalah, President of FMSAR stressed that “theArtificial intelligence, autonomous vehicles, small vehicles without a license, or even scooters, are all examples that are shaking up car insurance. We must be able to identify them, analyze them and integrate them into our risk management policies, in order to continue to fully play our role in providing foresight. “.

And to add: New technologies are, moreover, an important lever for the evolution of the insurance business and offer interesting possibilities in terms of improving the customer experience. “.

In addition, the president of the FMSAR did not miss the opportunity to celebrate the international day of women’s rights, by paying tribute to all the speakers who honored this edition by their presence indicates the press release. He also called for the importance of working to remove the persistent inequalities between women and men in the field of technology. According to the UN, 35% of women do not use the internet and by 2050, 75% of jobs will be related to the technological field, while women occupy only 22% of jobs in AI, advances the same source.

Speaking in the context of the keynote on global trends related to innovation in automobile insurance, Florence Lustman, President of France Assureurs, quoted in the press release, explained that “ Motor insurance is constantly evolving to meet the changing needs of consumers, namely connectivity, which allows insurers to collect data and better understand customers’ driving behavior and personalize their coverage accordingly”. For her part, Pilar Gonz├ílez de Frutos, President of UNESPA said: “With the advent of autonomous cars, the assessment of risks related to the liability of drivers, passengers or even car manufacturers will take on a new form. “.

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