The survey, conducted by Willis Towers Watson, found Life and Property & Casualty (P&C) insurers are likely to enhance their use of automation over the coming five years to streamline processes.
How has the Asian insurance market responded and adapted to the COVID-19 pandemic?
Last year, with key insurance risks rapidly changing due to COVID-19, APRA conducted a series of stress tests on the 21 largest life insurers, comprising 14 direct insurers and seven reinsurers, accounting for 90% of GWP. They also stress tested four active Lenders Mortgage Insurers, again covering most of the sector by GWP.
This article discusses other ways of thinking, how to use Edward de Bono’s role playing to enable different thought processes and provides more personal examples.
