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A Co-creation Sprint with Cookhouse Labs, msg global & SAP

AI-Driven Quality Assurance and Anomaly Detection in Re/Insurance

CHICAGO October 29-30, 2024

Join Cookhouse Labs for a Unique In-person Co-creation Sprint in Collaboration with msg global & SAP

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Building Solutions
Together

How can re/insurers proactively safeguard their portfolios and operations amidst the complexities of digital transformation and increasing automation?

The insurance industry is undergoing rapid digital transformation, driving increased automation and reliance on data-driven decision-making. While automation offers efficiency gains, it also introduces new challenges, including ensuring quality assurance, detecting anomalies in large datasets, mitigating human error, and effectively managing risk exposures.

As portfolios become more complex, identifying subtle patterns that indicate emerging risks or discrepancies is essential. Additionally,integrating AI-driven solutions demands attention to regulatory compliance, data privacy, and real-time analysis to stay competive.

Key Questions

How can we implement continuous monitoring and analysis to safeguard re/insurance portiolios against emerging risks and anomalies?

In what ways can anomaly detection enhance Underwriting, Pricing, or Accounting and Operations?

Can AI offer an efficient and transparent method to explore historical portfolio performance, providing valuable insights for proactive future risk management

In-person
Location

Chicago                  .

October 29-30, 2024

SAP OFFICE
1111 N Canal St #600
Chicago, IL 60606

Registration closed

What is a
Co-creation Sprint

Learn from leading AI and industry experts, collaborate and run through a series of innovation exercises to ideate AI-driven solutions for quality assurance and anomaly detection. After selecting one solution idea together we will create a complete solution blueprint. The project will finish with a final presentation to key stakeholders of the participating organizations.

A Team Approach

Join forces with subject matter experts from other financial services organisations to tackle these crucial challenges leveraging the latest SAP AI technologies. Guided by our innovation specialists and AI experts from SAP and msg global, participants will collaborate to create a concrete solution concept, employing a truly customer-centric approach.

Day 1

10.00am – 5.30pm

Expert learn session, followed by project introduction and research. Work on personas, problem statements, journey maps, and solution ideas. Wrap up with a team dinner.

Day 2

9.00am – 4.30pm

Build on Day 1 by creating and testing processes, solution architecture, business case, prototype and pitch your final solution as a team to your stakeholders.

2024 07 30 AI-driven Quaity Assurance and Anomaly Flyer

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Event Flyer

Award Winning
AI Innovation

msg global is 2024 SAP Pinnacle Award for AI Partner Innovation. SAP Pinnacle Awards spotlight distinguished partners and acknowledge their dedication to teamwork, exceptional innovation, and capacity to help customers achieve their goals. Winners and finalists in 26 categories were chosen based on recommendations from SAP, customer feedback, and performance indicators.

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Why Should I
Get Involved

Our co-creation event in partnership with SAP is an opportunity to collaborate with industry peers, gain insights into the latest AI trends, and walk away with a solution blueprint you can take back to your organization.

Engage in hands-on sessions to develop an AI-driven solution for a truly financial services challenge. Network with professionals and gain insights into the latest AI and sales optimization trends.

Develop a concrete outcome and an AI solution blueprint that each participating organization can use, along with their newly acquired expertise in AI and innovation!

Project
Type

Open Innovation project for Reinsurers. Project team will consist of participants from different organizations.

Project
Duration

SPRINT: 2 days
DAY 1: 10.00am - 5.30pm
DAY 2: 9.00am - 4.30pm
APPLY BY: October 16, 2024

Financial
Services

• Re/Insurance
• P&C
• Life

Dates &
Locations

October 29-30, 2024
Chicago SAP Office

Space Is
Limited!

For the in-person events organizations may send two participants each. Space is limited to 18 participants so make sure to RSVP soon to secure your place!

Got Questions? Email at hello@msg-global.com. 

Frequently
Asked Questions

Who can participate?

We welcome a mix of individuals from all departments of attending organizations to share your perspective and participate in the project.

What is in it for me?
Is this project in-person or hybrid?
How can I participate?
What does it cost to participate?

This event is free of charge for SAP and/or msg global customers.

Is the team dinner included?
What is the expected outcome of this project?
Who can I contact with questions?

What Our
Community Says

Innovation Served
with Our Global Community

Since our beginnings in 2017, we have co-created and collaborated with our members and global community of insurance, reinsurance, brokers, startups, vendors, and academia to make innovation better.

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Unified Innovation Program

Our Unified Innovation Program provides tailored innovation services to help your organization de-risk innovation, overcome the obstacles of the innovation process, and guide you to a successful outcome.

Reach out to personalize your program!

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