Insurtech Insights

Two weeks on from Insurtech Insights USA, we're still buzzing from the energy, conversations, and connections that made the event unforgettable. A huge thank you to our incredible partners - your innovation, insights, and support are what truly bring this event to life. Want to meet more trailblazers shaping the future of insurance? Register now for our upcoming events and be part of the next big moment. 👉 Asia: https://lnkd.in/dy5gG82 👉 Europe: https://lnkd.in/daH7J9J 👉 USA: https://lnkd.in/gjd7gQuS #InsurtechInsights #Insurance #Insurtech #Partnerships #Innovation #Tech

The Hartford has successfully completed a pilot program with mea Platform, leveraging its generative AI-powered solution to streamline document processing in underwriting. “This pilot is a part of our aggressive technology agenda that is aimed at delivering a customer experience that is fast, easy, and reliable,” said Shekar Pannala, Chief Information Officer at The Hartford. “Our foundation – with several hundred artificial intelligence models in production – is driving business results, enabling greater agility and faster decision-making, while improving the employee, customer, and distribution experience.” Also quoted in the story is Martin Henley, CEO of mea Platform. Read the full story here: https://lnkd.in/d4fCKk49 #insurtechinsights #insurance #insurtech #partnerships Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

At Insurtech Insights Asia 2024, we welcomed Kevin Strain, President & CEO of Sun Life, to the main stage. Speaking on the panel “Redefining Insurance in Asia: Leadership, Strategy and Purpose for a New Era,” Kevin spoke on sustainability, and the importance it has within Sun Life as an insurance company. From strategic leadership to operational transformation, insights like these are shaping the future of our industry. Want to be part of the conversation? Join us this December in Hong Kong: 🔗 https://lnkd.in/dy5gG82 Stay ahead with fresh insights every week—subscribe to our newsletter: 📰 https://lnkd.in/ddymNCY3 #InsurtechInsights #Insurance #Insurtech #sustainability #AI #GenAI

We caught up with KC Cheung, CEO, Hang Seng Insurance at Hang Seng Bank, at Insurtech Insights Asia 2024 to hear his perspective on the current trends in the insurance industry. KC talked us through the challenges within the Hong Kong market, and discussed how Hang Seng Insurance are focusing on customer centricity, and broadening their product offering to suit the customer needs where necessary.  👉 Discover more insights from industry leaders: https://lnkd.in/ddymNCY3 🤝 Explore sponsorship opportunities: https://lnkd.in/gK3uRP45 #InsurtechInsights #Insurance #lTransformation #Customer #Innovation #trends

Manulife has announced it will acquire a 75% stake in Comvest Credit Partners, a rapidly growing middle-market private credit manager, for an upfront consideration of $937.5 million. “With a continued focus on disciplined, strategic capital deployment, our acquisition of Comvest Credit Partners further enhances our private markets platform by adding differentiated capabilities in private credit,” said Phil Witherington, President and CEO of Manulife. “The transaction is expected to be immediately accretive to core EPS, core ROE and core EBITDA margin, and it will contribute to the strong growth trajectory of our broader Global Wealth and Asset Management business.” Also quoted in the story is Robert O’Sullivan, CEO of Comvest Credit Partners. Read the full story here: https://lnkd.in/dPqumSCF #insurtechinsights #insurance #insurtech #acquisition Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

Nationwide and Midland National Life Insurance Company have announced a strategic partnership to offer a new commission-free fixed indexed annuity designed for fee-based financial advisors. “As we enter a period of peak retirement, many pre-retirees are seeking out advisors and solutions to ensure they have the resources they need to secure peace of mind for their golden years,” said Eric Fry, Associate Vice President of Nationwide Advisory Product Development. “Working together with Midland Advisory, Nationwide will now be able to offer another guaranteed product for advisors that will help them bridge the retirement gap for their clients.” Read the full story here: https://lnkd.in/dwGQXfwF #insurtechinsights #insurance #insurtech #partnerships Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

Emirates Insurance Company has implemented Sequel Impact, Verisk Specialty Business Solutions exposure management system, as part of its efforts to enhance risk analysis and streamline operations across its property, construction, and energy portfolios in the UAE. May Hleileh, Chief Underwriting Officer International at Emirates Insurance Company, described the implementation as a “significant milestone” for the company. “The deployment of Verisk Sequel Impact marks a significant milestone in our ongoing journey to enhance operational efficiency and streamline integration with our core systems,” she said. “The platform’s flexibility and depth of functionality met our expectations, ensuring we are well positioned to manage our exposure with greater precision, and supporting our growth in an increasingly complex and competitive market.” Also quoted in the story is Richard Reggel, Chief Commercial Officer at Verisk Specialty Business Solutions. Read the full story here: https://lnkd.in/dJiMwMpz #insurtechinsights #insurance #insurtech #partnership Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

FWD Insurance has announced the completion of its high-net-worth hub in Asia under its exclusive brand FWD Private, alongside the full launch of the FWD Private Lounge in Hong Kong. Ken Lau, Managing Director of Greater China and Chief Executive Officer of FWD Insurance Hong Kong, described the expansion as a reflection of the Group’s long-term strategic vision. “The completion of the HNW hub reflects our long-term vision and reinforces FWD’s position as a trusted partner in wealth and legacy planning across Asia and beyond,” he said. “Building on our strong foundation in Hong Kong, and our ability to also now service other markets including Southeast Asia and the Middle East, we’re well-positioned to navigate diverse markets and tailor solutions that empower customers and their families to truly celebrate living.” Also quoted in the story is Shelyne Shum, Chief Partnership Distribution Officer for FWD Insurance Hong Kong and FWD Private. Read the full story here: https://lnkd.in/dSAwH5m3 #insurtechinsights #insurance #insurtech #launch Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

Aon has unveiled the Accelerate Programme, a new offering designed to help fast-growing UK-based technology businesses better understand and manage their evolving risk landscapes. Steve Wilson, Head of Aon’s Accelerate Programme, said the fast-paced nature of the tech sector often forces entrepreneurs to take on significant risks in pursuit of growth. “When operating in hi-tech and innovative environments such as AI, there are possible risks – especially around IP which is vulnerable to theft and infringement – and these can threaten the future viability of a business,” he explained. Read the full story here: https://lnkd.in/didiB4-9 #insurtechinsights #insurance #insurtech #launch Don't miss out on further insights with our weekly newsletter: https://lnkd.in/ddymNCY3

At Insurtech Insights Asia 2024, we had the pleasure of hearing from Edward Moncreiffe, CEO Insurance at HSBC, as he shared his vision for the future of AI in insurance. Edward challenged a common narrative: AI isn’t here to replace humans, but to enhance their capabilities - making people more efficient and effective in their roles. But as AI tools become more embedded in everyday processes, he poses a critical question: how do we actually measure that increased efficiency? Want to be part of the conversation? Join us this December in Hong Kong: 🔗 https://lnkd.in/dy5gG82 Stay ahead with fresh insights every week—subscribe to our newsletter: 📰 https://lnkd.in/ddymNCY3 #InsurtechInsights #Insurance #Insurtech #Leadership #Innovation #AI