About this event
The insurance industry in 2020 will look very different from what it is today. For now, CEO’s may take comfort from the fact, that the insurance industry is perhaps not as easily disrupted as the taxi or hotel industry. Key barriers as large capital requirements, product complexity and the regulatory compliance deserve serious consideration but are not insurmountable. New insurance value propositions, strategic scenarios and innovative products are needed in future oriented business and distribution models. Digital technologies offer customers new options to access services, design them by themselves and use new ways to reach providers. This increases pressure to rethink innovation in insurance.
Beyond the hype, what characteristics of an insurance company will allow it to be innovative? Is it simply a strategic initiative or is it even possible to transform organisations that have a proud heritage spanning decades and in some cases centuries to re-invent themselves to serve today’s digital customers? Insurance Labs and start-ups introduce a new spirit in the insurance industry: fast-paced, risk-taking and dedicated to make the life of customers a little simpler.
The forthcoming InsuranceCom Asia 2016 in Hong Kong will feature this spectrum of strategic questions.
Hugh Terry, from The Digital Insurer, will be a session chair and moderator at one of the sessions.
View the details here