The Geneva Association’s Programme on Regulation and Supervision (PROGRES) Seminar is an annual platform for needed conversation between insurers, policy makers, regulators and supervisors on key policy and regulatory topics.
Discussions at the 2020 PROGRES Seminar underlined that the different priorities of customers, insurers and regulators are not necessarily mutually exclusive ones: financial stability and economic growth; consumer fairness and innovation; sustainability and profitability. By bringing together a range of perspectives, the PROGRES Seminar looks for common ground on what actions can ultimately improve peoples’ lives and ensure a thriving insurance sector at the same time.
The Seminar employed a variety of formats – panel sessions, a fireside chat, breakout groups and a keynote speech – to address a range of topics linked to the seminar’s theme, ‘Insurance for a Better World’. The following are the key takeaways of each session.