The 23rd AIRDC International Conference Launches: Updating Global Insurance Industry Trends and Knowledge to Navigate Digital Era Challenges

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Mitihoon  –  The Thai General Insurance Association (TGIA), the Thai Life Assurance Association (TLAA), and Bangkok Insurance Public Company Limited (BKI) are proud to co-host the 23rd Conference of the Association of Insurers and Reinsurers of Developing Countries (AIRDC 2024) from October 6th to 9th, 2024, at the InterContinental Bangkok.

Mr. Chai Sophonpanich, Chairman of Bangkok Insurance Public Company Limited, in his capacity as Vice President of AIRDC for 2022-2024 and Chairman of the Local Organizing Committee, stated that the 23rd AIRDC conference is of great significance as Thailand has been honored to host this prestigious conference for the first time.

This year’s theme, “Creating Opportunity Amid Challenges & Turmoil (CO-ACT),” reflects the current global insurance landscape. We face economic uncertainty, technological changes, climate risks, and shifting regulations; yet these challenges also present opportunities for innovation and growth. This conference will serve as a platform to explore these possibilities together, and we hope it will inspire innovative thinking, foster meaningful connections, and pave the way for a brighter future for the global insurance industry.

“We are delighted to welcome regulators, reinsurers, insurers, and industry professionals from around the world. Your participation underscores the importance of collaboration and knowledge exchange in strengthening our industry’s resilience.”

The opening ceremony of the 23rd AIRDC conference was honored by the presence of Mr. Chuchat Pranamphon, Secretary-General of the Office of Insurance Commission (OIC), and Dr. Aaron Anafure, President of AIRDC, both of whom served as co-chairs of the event. Other distinguished attendees included Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, and Mr. Sara Lamsam, Vice President for Marketing of the Thai Life Assurance Association. Their participation highlights the importance of supporting international cooperation within the insurance industry.

The conference has attracted over 350 participants, featuring a range of compelling topics, graced by distinguished speakers from around the world. These experts will share their experiences and insights in the insurance field to enhance knowledge and understanding of trends, movements, and key issues in the industry. They will also provide guidance and inspire ideas for creating growth opportunities in both the life and non-life insurance sectors. The seminar topics include Current State of the Cyber Insurance Market, Underwriting Challenge, and Growth Opportunity, Insurance Transformation, Next Wave of Insurance, Multi Model of Agricultural Insurance, Loyalty Management in the High-Tech, AI-Driven Insurance Era, Natural Disaster Risk Management for Uncertain Future, Create Deep Learning Solutions for Penetration and Protection Gaps for This Century, Engaging & Enlightening Experiences with IFRS17, and ESG Insights: Navigating Sustainable Insurance Practices.

Additionally, the event will feature a donation of 150,000 Baht to UNICEF Thailand to support the organization’s efforts in promoting child health, nutrition, sanitation, and overall well-being in Thailand.

AIRDC is an international organization comprising insurance companies, reinsurance companies, and other insurance groups committed to developing and expanding cooperation in the fields of insurance and reinsurance. The AIRDC conferences has been continuously held to strengthen the insurance markets in developing countries and enhance cooperation within the insurance industry across regions for sustainable growth together.

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