Nov 19, 2019
The InsurTech Asia Summit 2019 (ITAS), hosted by Duxes, took place at Four Points by Sheraton Singapore from November 14-15. ITAS 2019 attracted leading figures from the region’s growing insurtech, fintech and financial services sector to discuss the latest industry trends and speak on the future of insurance in a digital world.
ITAS 2019 included speakers from the highest-profile startups and advisory services, including innovators, policy experts, and developers from AIA Group, EH, International Insurance Society Ambassadors (IIS), Pacific Life Re, HCL Technologies, Generali Indonesia, Pand.ai and VenturesOne Asia.
During the two-day event, insurtech specialists from the diverse fields of AI, healthcare insurance, underwriting, forensics, and cloud computing met to talk about their experiences of carrying out insurtech initiatives in the APAC region and share their case studies. Speakers gave presentations on the global investment landscape of insurtech, the influence of blockchain on the future of insurance, and how to use digital claims assistants to fight motor fraud, among other topics.
Attendees were invited to analyze and interpret the impact of the latest technology such as AI, chatbots and big data. In addition to the many speeches delivered by the distinguished guests, the event also featured a fascinating panel discussion on the topic of “How Can InsurTech Be Used to Personalize the Customer Experience and Lower Operating Costs?”
This gathering was an important showcase for bringing together investors, entrepreneurs, and representatives from some of the world’s biggest insurance and financial services companies.
On the first day, John Morley, Partner for Insurance Advisory at EY gave an authoritative talk on “The Outlook of Insurance and InsurTech". In his presentation he described how, globally, insurtechs are gaining increasing traction across all parts of the value chain, pushing carriers to provide a better customer experience.
Morley discussed the growing importance of corporate culture in driving success and said that regulators and investors are increasingly focusing on a company's culture when it comes to evaluating factors such as risk, regulations, and compliance. He pointed to examples where business leaders are taking culture more seriously and linked this with several prominent success stories in different industries.
David Piesse, Chairman of IIS later gave a talk titled "Does Blockchain Technology Hold the Key to the Future of the Insurance Industry?" He explained how over the past five years investment in blockchain has become more and more popular, and the total amount of financing has continued to grow. He said that blockchain has "exited the hype cycle" and pointed to its use in examples such as pharma supply chains, the marine trade, and healthcare delivery, as a sign of things to come.
On the second day, Rosaline Chow Koo, Founder & CEO of CXA spoke on "Building an Insurtech Focused on Employee Benefits & Health Ecosystem". She described how her firm CXA has developed an innovative new platform for employers to offer integrated healthcare services to their staff.
The well-known entrepreneur showed how her AI-powered mobile platform includes smart features such as a personalized visualization of the aging process and an integrated e-wallet to encourage participation in prevention-based health and wellness services.
Also on the second day, Timo Uustal, CEO of Nursebeam, spoke on "Claims Data as a Tool to Improve Policyholder Experience at Reduced Claims Payouts". He described how traditional healthcare insurance providers still lag behind when it comes to offering digital services such as customer support through WhatsApp. "Even though they are slow, the ones that realize they have to change will win the race. I think it's just a matter of time," he said.
"Things do change," he continued. "With the help of Oscar Health, Lemonade and Ping An, the landscape is changing in insurance and in healthcare."
Bruce Swales, Managing Director, APAC for Envista Forensics gave a presentation on "The Role of Technical Experts in the Digital Claims Era". He described how technical experts can come from many different fields – from fire investigation, through to machinery damage inspection or domestic law – and discussed how their valuable knowledge can be best accessed in the digital claims era.
Later in his talk, he showed how several cutting-edge new technologies are being introduced into the insurance process, including drones for aerial surveillance, 3D cameras to create virtual tours of buildings, and the HoloLens VR headset which is being used to enhance forensic investigations.
The second day finished with a lively panel discussion on "The Global Investment Landscape of Insurtech", featuring the expert contributions of Steve Tunstall, CEO & Co-Founder of Inzsure.com, who was joined by Anthony Hobrow, CEO Asia Pacific of VenturesOne Asia, and Piesse.
During the talk, Hobrow commented on the numerous challenges that insurance entrepreneurs face when engaging with investors in the Asia-Pacific region. "So many VCs see the word insurance and go 'no thanks'. If the word insurance is in there that eliminates vast numbers of VC, for some reason. It just has a negative cache for some outside of the industry. Let's change it!", he commented.
Duxes is grateful to all of our distinguished speakers for having taken time out of their busy schedules to attend ITAS 2019 and to share such noteworthy opinions on these matters of industry importance. Duxes also wishes to show their appreciation for the exhibition sponsorship of Pacific Life Re; to Automation Anywhere for its support as presenting sponsor; and, to Leapstack and VenturesOne for their partnership at the event. Lastly, thanks to the numerous organizations that have made ITAS possible with their strong support!
If you missed this summit, don’t worry; you can still catch up from anywhere in the world by downloading the XEvents app on your mobile device. Create an account and login to view the complete presentation materials from the event and get full access to all our online webinars!
Stay up-to-date on the latest industry trends and the most innovative new developments by subscribing to the official Duxes WeChat account here:
Or following the XEvents industry community:
Duxes is also pleased to add that there are several related forums taking place soon as part of the Duxes High-Tech Series and Duxes Healthcare Series. These include:
CCS
7th China Connected Cars Summit 2020
May 16-17, Beijing
HPAP
5th Healthcare Policy Asia Pacific Summit 2020
May 16-17, Singapore
For more information and to book your tickets today, please visit: http://www.duxes.cn/DuxesEventCalendar/index.html
Published: Jan 19, 2021
Published: Jan 12, 2021
Published: Jan 7, 2021
Published: Dec 17, 2020
Published: Nov 28, 2020
Published: Nov 7, 2020
Published: Oct 22, 2020
Published: Oct 21, 2020
Published: Oct 20, 2020
Published: Oct 19, 2020
Published: Oct 7, 2020
Published: Oct 4, 2020
Published: Sep 30, 2020
Published: Sep 23, 2020
Published: Sep 18, 2020
Published: Sep 11, 2020
Published: Sep 8, 2020
Published: Sep 2, 2020
Published: Aug 27, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 23, 2020
Published: Aug 21, 2020
Published: Aug 12, 2020
Published: Aug 6, 2020
Published: Aug 6, 2020
Published: Aug 4, 2020
Published: Aug 3, 2020
Published: Jul 27, 2020
Published: Jul 24, 2020
Published: Jul 9, 2020
Published: Jul 9, 2020
Published: Jul 5, 2020
Published: Jul 3, 2020
Published: Jul 3, 2020
Published: Jul 2, 2020
Published: Jul 2, 2020
Published: Jul 2, 2020
Published: Jul 2, 2020
Published: Jul 1, 2020
Published: Jul 1, 2020
Published: Jul 1, 2020
Published: Jun 28, 2020
Published: Jun 27, 2020
Published: Jun 23, 2020
Published: Jun 16, 2020
Published: Jun 13, 2020
Published: Jun 11, 2020
Published: Jun 11, 2020
Published: Jun 11, 2020
Published: Jun 9, 2020
Published: Jun 4, 2020
Published: May 28, 2020
Published: May 21, 2020
Published: May 21, 2020
Published: May 20, 2020
Published: May 20, 2020
Published: May 18, 2020
Published: May 17, 2020
Published: May 17, 2020
Published: May 17, 2020
Published: May 14, 2020
Published: May 14, 2020
Published: May 13, 2020
Published: May 12, 2020
Published: May 12, 2020
Published: May 11, 2020
Published: May 6, 2020
Published: May 5, 2020
Published: May 4, 2020
Published: May 3, 2020
Published: Apr 30, 2020
Published: Apr 30, 2020
Published: Apr 30, 2020
Published: Apr 29, 2020
Published: Apr 29, 2020
Published: Apr 28, 2020
Published: Apr 27, 2020
Published: Apr 26, 2020
Published: Apr 24, 2020
Published: Apr 22, 2020
Published: Apr 21, 2020
Published: Apr 21, 2020
Published: Apr 19, 2020
Published: Apr 19, 2020
Published: Apr 17, 2020
Published: Apr 17, 2020
Published: Apr 16, 2020
Published: Apr 16, 2020
Published: Apr 15, 2020
Published: Apr 13, 2020
Published: Apr 12, 2020
Published: Apr 8, 2020
Published: Apr 6, 2020
Published: Apr 5, 2020
Published: Apr 4, 2020
Published: Apr 4, 2020
Published: Apr 4, 2020
Published: Apr 4, 2020
Published: Apr 3, 2020
Published: Apr 3, 2020
Published: Apr 2, 2020
Published: Mar 31, 2020
Published: Mar 31, 2020
Published: Mar 31, 2020
Published: Mar 31, 2020
Published: Mar 31, 2020
Published: Mar 30, 2020
Published: Mar 27, 2020
Published: Mar 27, 2020
Published: Mar 26, 2020
Published: Mar 24, 2020
Published: Mar 23, 2020
Published: Mar 20, 2020
Published: Mar 18, 2020
Published: Mar 18, 2020
Published: Mar 18, 2020
Published: Mar 18, 2020
Published: Mar 16, 2020
Published: Mar 16, 2020
Published: Mar 16, 2020
Published: Mar 14, 2020
Published: Mar 13, 2020
Published: Mar 12, 2020
Published: Mar 12, 2020
Published: Mar 10, 2020
Published: Mar 9, 2020
Published: Mar 9, 2020
Published: Mar 6, 2020
Published: Mar 6, 2020
Published: Mar 6, 2020
Published: Mar 5, 2020
Published: Mar 4, 2020
Published: Mar 3, 2020
Published: Mar 3, 2020
Published: Mar 3, 2020
Published: Mar 2, 2020
Published: Mar 2, 2020
Published: Mar 2, 2020
Published: Mar 1, 2020
Published: Feb 28, 2020
Published: Feb 28, 2020
Published: Feb 28, 2020
Published: Feb 26, 2020
Published: Feb 24, 2020
Published: Feb 23, 2020
Published: Feb 23, 2020
Published: Feb 23, 2020
Published: Feb 23, 2020
Published: Feb 18, 2020
Published: Feb 18, 2020
Published: Feb 18, 2020
Published: Feb 18, 2020
Published: Feb 14, 2020
Published: Feb 14, 2020
Published: Feb 12, 2020
Published: Feb 12, 2020
Published: Feb 11, 2020
Published: Feb 11, 2020
Published: Feb 10, 2020
Published: Feb 9, 2020
Published: Feb 8, 2020
Published: Feb 1, 2020
Published: Jan 31, 2020
Published: Jan 31, 2020
Published: Jan 31, 2020
Published: Jan 31, 2020
Published: Jan 31, 2020
Published: Jan 29, 2020
Published: Jan 26, 2020
Published: Jan 21, 2020
Published: Jan 21, 2020
Published: Jan 19, 2020
Published: Jan 17, 2020
Published: Jan 16, 2020
Published: Jan 14, 2020
Published: Jan 13, 2020
Published: Jan 13, 2020
Published: Jan 13, 2020
Published: Jan 10, 2020
Published: Jan 9, 2020
Published: Jan 9, 2020
Published: Jan 8, 2020
Published: Jan 7, 2020
Published: Jan 6, 2020
Published: Jan 4, 2020
Published: Jan 3, 2020
Published: Jan 3, 2020
Published: Jan 3, 2020
Published: Dec 30, 2019
Published: Dec 25, 2019
Published: Dec 21, 2019
Published: Dec 21, 2019
Published: Dec 21, 2019
Published: Dec 21, 2019
Published: Dec 18, 2019
Published: Dec 18, 2019
Published: Dec 9, 2019
Published: Dec 4, 2019
Published: Dec 4, 2019
Published: Dec 3, 2019
Published: Dec 3, 2019
Published: Dec 2, 2019
Published: Nov 28, 2019
Published: Nov 28, 2019
Published: Nov 28, 2019
Published: Nov 26, 2019
Published: Nov 26, 2019
Published: Nov 25, 2019
Published: Nov 19, 2019
Published: Nov 18, 2019
Published: Nov 16, 2019
Published: Nov 16, 2019
Published: Nov 14, 2019
Published: Nov 12, 2019
Published: Nov 11, 2019
Published: Nov 11, 2019
Published: Nov 8, 2019
Published: Nov 8, 2019
Published: Nov 7, 2019
Published: Nov 7, 2019
Published: Nov 7, 2019
Published: Nov 6, 2019
Published: Oct 23, 2019
Published: Oct 23, 2019
Published: Oct 20, 2019
Published: Oct 20, 2019
Published: Oct 20, 2019
Published: Oct 20, 2019
Published: Oct 19, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 12, 2019
Published: Oct 11, 2019
Published: Oct 11, 2019
Published: Oct 11, 2019
Published: Oct 11, 2019
Published: Oct 10, 2019
Published: Oct 10, 2019
Published: Oct 10, 2019
Published: Oct 10, 2019
Published: Oct 10, 2019
Published: Oct 6, 2019
Published: Oct 6, 2019
Published: Oct 5, 2019
Published: Oct 4, 2019
Published: Oct 4, 2019
Published: Oct 3, 2019
Published: Oct 2, 2019
Published: Oct 2, 2019
Published: Oct 2, 2019
Published: Oct 2, 2019
Published: Oct 1, 2019
Published: Oct 1, 2019
Published: Oct 1, 2019
Published: Oct 1, 2019
Published: Sep 29, 2019
Published: Sep 29, 2019
Published: Sep 28, 2019
Published: Sep 28, 2019
Published: Sep 19, 2019
Published: Sep 16, 2019
Published: Sep 16, 2019
Published: Sep 16, 2019
Published: Sep 16, 2019
Published: Sep 15, 2019
Published: Sep 15, 2019
Published: Sep 15, 2019
Published: Sep 14, 2019
Published: Sep 14, 2019
Published: Sep 14, 2019
Published: Sep 13, 2019
Published: Sep 12, 2019
Published: Sep 6, 2019
Published: Sep 5, 2019
Published: Sep 3, 2019
Published: Sep 3, 2019
Published: Sep 3, 2019
Published: Aug 30, 2019
Published: Aug 30, 2019
Published: Aug 29, 2019
Published: Aug 29, 2019
Published: Aug 28, 2019
Published: Aug 23, 2019
Published: Aug 23, 2019
Published: Aug 23, 2019
Published: Aug 23, 2019
Published: Aug 22, 2019
Published: Aug 22, 2019
Published: Aug 21, 2019
Published: Aug 15, 2019
Published: Aug 15, 2019
Published: Aug 15, 2019
Published: Aug 15, 2019
Published: Aug 15, 2019
Published: Aug 14, 2019
Published: Aug 14, 2019
Published: Aug 14, 2019
Published: Aug 11, 2019
Published: Aug 11, 2019
Published: Aug 8, 2019
Published: Aug 1, 2019
Published: Jul 25, 2019
Published: Jul 25, 2019
Published: Jul 25, 2019
Published: Jul 24, 2019
Published: Jul 21, 2019
Published: Jul 21, 2019
Published: Jul 21, 2019
Published: Jul 17, 2019
Published: Jul 16, 2019
Published: Jul 16, 2019
Published: Jul 15, 2019
Published: Jul 8, 2019
Published: Jul 5, 2019
Published: Jul 5, 2019
Published: Jul 4, 2019
Published: Jul 2, 2019
Published: Jul 1, 2019
Published: Jun 30, 2019
Published: Jun 29, 2019
Published: Jun 29, 2019
Published: Jun 19, 2019
Published: Jun 15, 2019
Published: Jun 13, 2019
Published: Jun 11, 2019
Published: Jun 9, 2019
Published: May 30, 2019
Published: May 29, 2019
Published: May 22, 2019
Published: May 5, 2019
Published: May 5, 2019
Published: Apr 25, 2019
Published: Apr 21, 2019
Published: Apr 19, 2019
Published: Apr 19, 2019
Published: Apr 19, 2019
Published: Apr 19, 2019
Published: Apr 19, 2019
Published: Apr 19, 2019
Published: Mar 28, 2019
Published: Mar 16, 2019
Published: Mar 16, 2019
Published: Mar 6, 2019
Published: Feb 25, 2019
Published: Feb 24, 2019
Published: Feb 7, 2019
Published: Feb 2, 2019
Published: Jan 24, 2019
Published: Dec 29, 2018
Published: Dec 29, 2018
Published: Dec 9, 2018
Published: Nov 7, 2018
Published: Oct 5, 2018
Published: Sep 1, 2018
Published: Aug 15, 2018
Published: Jun 12, 2018
Published: Jun 11, 2018
Published: Apr 20, 2018
Published: Mar 31, 2018
Published: Mar 16, 2018
Published: Mar 11, 2018
Published: Feb 18, 2018
Published: Feb 7, 2018
Published: Jan 4, 2018