Insurance
How robotics and cognitive automation will transform the insurance industry
The use of robots to drive tangible business benefits is very much a reality today. According to Transparency Market Research, the global IT-enabled...
How robotics and cognitive automation will transform the insurance industry
The use of robots to drive tangible business benefits is very much a reality today. According to Transparency Market Research, the global IT-enabled...
Breathing life into life insurance
Life insurance companies are under pressure. Their traditional business model is stagnating. Since 2014, premiums for U.S. life insurers have fallen...
Global CEO survey: What we're seeing in the insurance sector
One of the key findings of PwC’s 21st Global CEO Survey is that whilst insurance continues to be one of the most disrupted sectors in the global...
Asia at risk with cyber insurance scarcity
The region's cyber insurance take-up rate is negligible at only less than 6%.
Here are the 5 key technologies in Asian insurers' digitalisation push
They lead in investment, in-memory analytics, and cloudbased analytics solutions.
Japanese P&Cs face fierce price war risk
E-commerce giant Rakuten and other players may "threaten" the country's insurance market.
Asia still lags in insurtech amidst 169% growth in deal values
Deals in Asia-Pacific account for only 7% of the the global share.
Are you an ecosystem insurer?
Analysts say that the rewards for working in a digital ecosystem are worth the effort.
Etiqa Insurance Singapore rolls out home protection plan
In the event of a fire, policyholders can receive $3,668 cash allowance within the day.
Etiqa Insurance streamlines motor insurance claims process
The insurer claims to have slashed the approval time from as much as 2 days to 30 minutes.
Fire insurance in Japan receives profit boost to offset dismal auto underwriting
The advisory rate revision will reflect increased losses from natural catastrophe and water leakages.
Life annuity scheme launched for Hong Kong's senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
RHB launches mobile app for motor insurance and road tax
Users can purchase motor insurance policies within three minutes.
Chinese insurers shun universal life policies to ensure sustainability
These are commonly structured as short-term savings products.
Prudential Singapore rolls out insurance product for critical illness
‘PRUtriple protect’ offers a payout as high as $6.74m.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
Allianz Taiwan unveils country's first AI-powered chatbot
‘Allie’ can answer customer inquiries and allow cross platform operations.
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Firewalls are never enough