Deloitte
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Deloitte Southeast Asia’s Lim Siang Thnia highlights need for insurers to evolve to mitigate risks, maximise growth
Deloitte Southeast Asia’s Lim Siang Thnia highlights need for insurers to evolve to mitigate risks, maximise growth
As the operating environment changes, insurers should focus on creating a work environment focussing on innovation and digital expertise.
Customised offerings and AI solutions drive growth and customer satisfaction, Deloitte executive stresses
Deloitte executive Lim Siang Thnia highlights the opportunities that insurers can get from new technologies such as generative AI and the metaverse.
Top three things killing the insurance industry
Thanks to these threats, 54% of insurers had an ROE below their cost of equity.
Given the fast-changing market dynamics and regulations, risk chiefs need to step up their game to remain competitive
The need for a risk self-assessment is urgent, says Deloitte’s Wayne Savage.
Moving towards a “higher bottom line” in the insurance sector in Southeast Asia
Insurers in Southeast Asia are bullish about their growth prospects for 2022, despite lingering concerns about the potential impact of COVID-19 variants on overall business recovery and return-to-workplace strategies. But beyond ongoing efforts to adapt to the pandemic’s aftermath, insurance leaders are also confronted with multiple fundamental hurdles that could potentially derail their progress.