Insurance
Driving insurance transformation with strategy-aligned M&A
Driving insurance transformation with strategy-aligned M&A
Disruption is shaking the fundamentals of the insurance industry. This is true structural change, not just a cycle. New technologies, new competitors...
Can insurers deliver more value to customers?
From tracking drivers’ braking behaviour, to installing wearable devices on factory workers, to funding medical advice mobile apps, many insurance...
Hong Kong insurers brace for a new regulatory regime from this year
The Office of the Commissioner of Insurance in Hong Kong will be replaced by the Independent Insurance Authority from June 26 . What changes can the...
LIA Singapore's president Patrick Teow talks of the worrisome protection gap in the city
Teow eyes bridging the US$330b protection gap and increasing collaborations amongst stakeholders.
Breaking the analytics code in insurance
With rapid and revolutionary transformations in business-customer interaction across the globe, private customer data is now considered the insurer’s...
Policy holders of risk and life insurance unsatisfied
In the year 2016, satisfaction amongst risk and life insurance policy holders was 67.4%, down from 68.8% in 2015, and still lower than that of all...
Seven tech trends in insurance
If property & casualty (P&C) insurers want to dominate the industry in the coming years, then part of their game plan should involve becoming a...
High protection gap in emerging Asia
The world was devastated by 327 disasters in 2016, 191 of which were natural catastrophes and 136 man-made ones. According to a recent report by Swiss...
Where are the drones in insurance?
Are wearables the closest thing to drones in the insurance sector?
Insurtech investment set to skyrocket in Asia Pacific till 2019
Rising margin pressure will compel insurance companies to join the insurtech race.
Going Digital
Talks of digitalisation has dominated the financial services industry, and the insurance sector is no exception. A survey by Willis Towers Watson...
Emergence of the InsurTech ecosystem in Asia
2016 has been officially been declared the year of InsurTech. The marriage of insurance and technology infused with entrepreneurial energy, InsurTech...
From hype to reality: Examining the industry's ‘transformation'
Rather than consider the many exciting, and often challenging, technology-enabled developments that lie ahead, I thought for this article I would take...
The future of insurance in a digital world
Disruptive innovation is amongst the most referenced but least predictable trends to impact the insurance industry in a generation and it remains a...
A six-step framework for strategic change
Across the diverse Asia Pacific region, a number of forces are converging to create a pressing need for insurers to innovate throughout their entire...
Insurance trends in Asia
Customer Centricity and Technology remain the two key themes as the Insurance sector continues to seek growth amidst margin pressures, regulatory...
How AI is changing the insurance industry
Insurers are beginning to explore the use of AI.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work