Earlier this year, The Digital Insurer, in partnership with Leo Tech, held a roundtable discussion in Singapore with 10 senior Insurance Executives to discuss:
- The impact of the Internet of Things (IoT) and Wearbale devices on Life & Health Insurance
- The impact of technology on distribution in Life Insurance
We have summarised the key points from both parts of the discussion in two separate infographics below which focused on the opportunities and challenges for each theme.
The first half of the session focused on the impact of IoT and Wearables, with lots of discussion on data sharing and data privacy in particular. You can read a more detailed version of the key points here.
The second half of the session focused on the impact of technology on distribution in Life Insurance with the discussion covering a broad range of topics from regulation and market level observations to products and customer experience. You can read a more detailed version of the key points here.
Read a more detailed summary of the discussion here.