Brought together to discuss the shape of Asia’s Financial Services sector, Jonathan Larsen from Ping An and Alex Kimura from McKinsey talked incumbents, innovators and trillion dollar opportunities. Ping An’s…
Insurtech has been a hot topic in the insurance industry and actuarial profession over the past decade. The Institute and Faculty of Actuaries’ General Insurance Insurtech Working Party recently published a report titled 'Insurtech – Applications in General Insurance'. The report discusses the developments and impacts of insurtech on the future of the industry. This article provides a summary of key discussion points therein.
Insurtech, fintech and disruptor are the new buzz words. Ask John Connor a few years ago what these words meant and he would have pictured a mix of bohemian tech-savvy hipsters in a trendy office, a place not for the traditional actuary. He was wrong, there are many actuaries working in fintech and insurtech start-ups.
Angat Sandhu outlines the major sectors and geographies 'Insurtechs' are playing in, revealing their potential to impact insurance customer experience, distribution and data analytics, as well as partner with and disrupt the industry.
