The insurance landscape is continually changing, driven by advancements in technology, shifts in customer preferences, and regulatory updates. Africa being a vast continent with many countries, each with a different set of regulations and laws when it comes to insurance, knowledge is critical. Market intelligence which is often passed through word of mouth helps us get a good idea of what is going on in the country. Staying informed about these changes is crucial for professionals in the field. Insurance conferences provide a platform where attendees can gain insights into emerging trends, regulatory updates, and innovative practices.
Like many other industries, insurance thrives on innovation, adaptation, and collaboration. Conferences are a hotbed of opportunities for collaboration. Whether you are seeking partnerships with other insurance companies or brokers, technology providers, or startups, these events provide a conducive environment for exploring mutually beneficial collaborations. Many innovative insurance solutions have emerged from partnerships formed at conferences, leading to new products and services that address evolving customer needs.
One of the most valuable aspects of insurance conferences is the opportunity to learn from your peers. Sharing experiences, challenges, and best practices with others in your field can provide fresh perspectives and solutions to problems you may be facing. Seasoned colleagues can act as a guide helping navigate the industry fostering an environment of collaborative learning that can benefit all. By participating in panel discussions, workshops, and keynote speeches, you can access the latest information to help your organization adapt and thrive.
The Organisation of Eastern and Southern Africa Insurers (OESAI) Conference took place at the end of August in Mauritius, not the worst place for a conference. Attendance was great with delegates from across the continent and international waters. Mirabilis Engineering Underwriters along with colleagues from the Santam Specialist Business group were well represented. Emerald Risk Transfer, SHA Risk Specialists and Santam Re were part of the delegation covering Property, liability, and treaty reinsurance respectively. Being at the conference with our sister companies SHA, Emerald and Santam Re under the Santam Specialist Business umbrella, we were able to offer solutions to our clients through our expertise in each of our classes of business. This in turn solidifies the confidence that our clients have in the brand.
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At Mirabilis, we value the power of networking and understand how crucial it is for the business. Networking at insurance conferences goes beyond exchanging business cards or connecting on LinkedIn. It’s about building genuine relationships and establishing trust within the industry. Meeting face-to-face with fellow professionals, industry experts, and potential clients or partners allows you to create a lasting impression that goes beyond a digital connection. At the OESAI Conference, we got to meet with new and existing clients, chat about market developments and upcoming projects.
Networking Tips for Success
- Be prepared: Research the conference agenda, speakers, and attendees in advance to identify who you want to connect with.
- Engage actively: Participate in discussions, ask questions during sessions, and contribute to conversations. This demonstrates your enthusiasm and expertise.
- Follow up: After the conference, reach out to your new connections promptly. Send personalized follow-up messages and schedule meetings to continue your discussions.
- Attend social events: Don’t underestimate the value of networking at social gatherings associated with the conference. Informal settings can often lead to more meaningful connections.
- Exchange knowledge: Share your insights and expertise with others. Networking is a two-way street, and offering help can be just as important as seeking it. “Everyone knows something you don’t know.”
Mirabilis Engineering Underwriters
Engineering Underwriter – Africa