Commentary

Understanding demand for specialty lines in Asia: the road ahead

The Asian insurance industry has shown strong resilience, despite the economic crisis brought about by the COVID-19 pandemic since the start of 2020.

Understanding demand for specialty lines in Asia: the road ahead

The Asian insurance industry has shown strong resilience, despite the economic crisis brought about by the COVID-19 pandemic since the start of 2020.

Insurance and the Growing Demand for Hyper Personalisation

Kenneth Koh is the Global Principal and Director of Insurance, Financial Services Practice, SAS Institute.

Industrializing data and analytics among Asian insurers

In recent years, Asian insurers have increasingly turned to data and analytics tools to drive growth and improve operational efficiency.

Insurers must embrace digital to thrive post COVID-19

When cities and countries across the world finally come out of lockdown, the society that emerges will be fundamentally different.

Partnering to build the next digital bank in Malaysia

A banking revolution is sweeping across Asia as increasing numbers of countries introduce new regulatory frameworks for digital banking.

Bancassurance in Asia

Delivering a step-change in value.

Digital insurance revolution

How long did it take to sell 240,000 insurance policies online in 2017? Most insurance leaders across Asia guess “at least a few weeks.

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.

Breathing life into life insurance

Life insurance companies are under pressure.

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 economy and insurance CEOs are extremely concerned about the pace of technology change and cyber threats, surprisingly, they are also optimistic about their organisation’s revenue growth in the next three years.

Product liability coverage for SME exporters and manufacturers

A major US automaker was involved in three of the biggest product liability payouts of all time, the latest having been in February 2014, based on faulty ignition switches that could shut off vehicle engines during driving, disable power steering and brakes, and prevent airbags from inflating.

Challenges for the insurance sector

Asia is vast geographically, comprises more than 15 major jurisdictions and possesses extreme diversity in terms of the ethnicity of its population, its cultures and the varying stages of economic, social and technological development in each country, making it one of the most varied markets globally.

How Asia's insurers can profit from the disruption wave

Asian insurers are riding several positive trends, like the region’s growing middle class and their increasing demand for insurance.

Disrupt or be disrupted

The diverse insurance market in Asia-Pacific sees plenty of growth opportunities and challenges pertaining to distribution and regulation.

How insurers can get their customers to love them

Retail insurers in Asia Pacific and around the world have a problem: their customers don’t love them, don’t appreciate them, and don’t stay with them.

Don't get tripped up by banana skins

Keeping pace with changing demographics, changing customer expectations, as well as technological advances are some of the major challenges that insurers face, and is likely to continue to be a major concern in the next 2-3 years.

Insurance innovation labs, a failed experiment

Despite significant investments made insurance innovation labs have largely failed to deliver impact beyond positive initial PR stories.