In a new product world, the Design and Distribution Obligations (DDO) regime among other regulations, will govern the increased focus on consumer-centricity. This article explores how the concept of insurance product value can connect consumer’s needs with insurance product features and benefits.
The final leg of the 2019 Actuaries Institute CPD Tour in Auckland and Wellington demonstrated how relevant the lessons of the Australian Royal Commission into Financial Services are for New Zealanders.
Following meetings in China, the Asia Tour travelled to Hong Kong where senior Institute representatives joined Institute President Nicolette Rubinsztein and CEO Elayne Grace in a range of informative meetings and seminars.
A Leadership Forum at the Australian Consulate General in Hong Kong saw the Actuaries Institute share its thought leadership on professionalism in a post Royal Commission environment, and compare with the local experience in Asia.
Posted 27 February 2019
