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Technology tag returned 339 results

  • Indian insurance industry at an inflection point

    The Indian insurance industry is in a transition. New entrants are donning the hat of 'disruptors' and giving fair competition to the established players, especially in retail lines. Asia Insurance Review spoke with IFFCO Tokio General Insurance managing director and CEO Warendra Sinha about the growth prospects, opportunities and challenges ahead of the industry.

    AIRPlus | 16 Aug 2018
  • Iran: Insurance regulator to improve functions through online services

    Iran's insurance regulator, Central Insurance of Iran (CII), plans to provide a broad range of online services to its clients in the near future, the head of High Council of Insurance Gholamreza Soleimani said in a statement.

    Middle East | 16 Aug 2018
  • Moving towards an API-first and claims-first approach

    "What if consumers loved insurance?" Insurance is a product and distribution-driven industry, but that must change in the digital age, said Anapi co-founder and CEO, George Kesselman. "We are moving insurance towards a digital-first focus by rebuilding the industry fundamentals. Distribution, product, and claims all need to be fundamentally transformed to make them suitable for digital ecosystem. APIs are how things move and connect in the digital age to create seamless consumer propositions. We have identified an initial set of risks that are easily transferable via API and are working with digital businesses to embed those within their services," he said.

    AIRPlus | 14 Aug 2018
  • FWD sees no conflict between agency and online distribution

    Both the direct-to-consumer channel, as well as traditional agents, will each have an important role to play for the foreseeable future depending on the type of products being offered, said FWD group chief distribution officer Binayak Dutta.

    AIRPlus | 13 Aug 2018
  • Insurance industry must prepare for a new world of synthetic biology risks

    The insurance industry should work with stakeholders in the emerging field of synthetic biology, in order to support the responsible development of new technologies and solutions, says a new report from Lloyd's and Imperial College London.

    AIRPlus | 09 Aug 2018
  • India: Businesses turning to insurance to protect against social media fallout

    Organisations are insisting on new and more comprehensive clauses in their normal professional indemnity and directors & officers' (D&O) liability insurance policies to protect themselves from fallout from social media hate or unintentional corporate goof-ups.

    Asia | 09 Aug 2018
  • Three lessons that insurers should learn from Netflix - Simon-Kucher & Partners

    Netflix is one of the big success stories of Silicon Valley. Within five years, its share price rose from $30 to $360 - an increase of 1,100%. With three subscription options, the revenue model is simple: the more subscribers, the more revenue, the higher the retention, the more revenue.

    AIRPlus | 07 Aug 2018
  • Giving up security for convenience

    F5 Networks recently conducted a research study with to find out what consumers' perceptions and attitudes were towards the trade-off between security and convenience. Surveying 3,800 respondents across seven markets (Australia, China, Hong Kong, India, Indonesia, the Philippines, Singapore) in Asia Pacific it discovered that 53% of Asia Pacific's consumers prioritised security over convenience.

    AIRPlus | 03 Aug 2018
  • Asian insurers face greater difficulty in IFRS17 compliance compared to European counterparts

    Insurers in Asia are facing a greater level of difficulty in complying with several aspects of IFRS17 compared to their European counterparts, said Deloitte in its latest report on the global insurance industry's progression towards adoption of the new global accounting standard.

    AIRPlus | 02 Aug 2018
  • Human error persists as a major cause of shipping incidents-Allianz

    Human error continues to be a major cause of shipping incidents and behavioural and cultural risks must be addressed, according to Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review 2018.

    AIRPlus | 02 Aug 2018

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