Balancing Incumbents and Innovators - the Role of Insuretech.
Insurtech in Asia Pacific is booming! This insightful report explores the region's unique insurance landscape and the innovative solutions emerging.
A key finding is the collaboration between traditional insurers and tech-driven startups. Insurers struggle with legacy tech and talent gaps, while Insurtech startups offer fresh perspectives and user-friendly experiences. This partnership allows incumbents to embrace digital transformation and reach new audiences.
The report also explores the rise of new insurance categories, like parametric insurance for weather events in Vietnam, and cyber plans for employees. Download the PDF for a deeper dive into Insurtech trends in Asia Pacific, including talent challenges, the impact of IFRS17, and the future of group insurance.