Asia: CIOs to forge ahead on InsurTech battleground
Source: Asia Insurance Review | Aug 2017
The rise of InsurTech has led insurers to change their approach to managing business. The large incumbents face competition from startups springing up across the globe, and need to decide whether to accept them as partners or rivals.
With the rise of newly created titles such as the Chief Digital Officer, Chief Analytics Officer and even Chief Disruption Officer, CIOs must adopt a more proactive approach to the changing technology landscape and take on new roles in addition to his traditional duties, as well as work closely with new stakeholders to advance business prospects.
The 6th Asia CIO Summit will highlight the latest InsurTech trends and discuss the new responsibilities of the CIO in this new environment. It will also examine the traditional roles of CIOs encompassing cyber security and IT systems which continue to coexist. Above all, experts will share information of how CIOs can bridge the divide between technology and business development functions to ultimately drive profitability and contribute direct value-add to the company.