In the past, Insurers have been able to get by on their ecosystems based on relationships and trust. Now these old operating foundations are threatened because 'business as usual' is currently on hold and will be different in the 'new normal.' Insurers are being forced to adopt digital working practices at speed, including work from home for their employees, while under operational pressure to serve their customers and protect their businesses for the future.

Thought Leadership Panel:

In recent years, with the in-depth development of insurance technology, the industry opportunities of insurance science and technology are gradually divided into two games. At present, scientific and technological innovation, one of the most important competitive elements in the asia-pacific financial and insurance field, is bound to become more intense and interesting.

Connected Insurance USA is bringing the leaders from across the insurance organization to seize the opportunity and become an agile, customer-centric and digitally transformed carrier.

Since the year 1700, 50 percent of the Fortune 500 companies have disappeared as they failed to stay relevant and competitive in the digital economy.

The time’s up for siloed thinking and siloed structures. Outdated products and clunky service are no longer acceptable.

The Future of Insurance Canada (Nov 3-4, Online) is where CEOs and C-level executives come together to redefine the future of insurance as we know it.

Don’t miss 12 sessions over two days focused on digital disruption, emerging risk & business models, and innovation & risk all from the comfort of your home office or living room. 

Upcoming Summit to Cover Growing China Insurance Asset Management and Investment Industry

Emerging risks, shift from risk transfer to loss prevention, cyber, innovative risk solutions, insurtech, risk management landscape of the future, hidden risks of big data, climate change transition risk, global markets update.

How will the risk landscape of the future look like?

With Myanmar’s insurance market finally open to foreign competitors, the country represents an ideal case study on insurance reform and liberalisation to serve the growing needs of the dynamic economy and the role of insurance in today’s era of technology.

The insurance ecosystem is experiencing growth and innovation like never before. Last year alone, US$7 billion was invested in InsurTech which has risen beyond the hype to become a mainstay in the business making heads turn. Some US$75billion is expected to be invested in the next five years as every big investor eyes a slice of the $5trilion global gross premiums. The numbers are big.

With rising runaway healthcare costs exacerbated by tech-driven modern science and medicine, everyone is looking at insurers as the bearer of the last costs with deep pockets. Consumer demand for quality personalised care is growing, cognitive computing and precision medicine are evolving rapidly and big companies who are not in the health space are coming to the fore and accelerating their healthcare strategies.