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...The launch of Great Eastern's new platform for its agents and financial advisers, Great Digital Advantage, is leading towards a change in dynamics when it comes to interacting with its customers, said managing director of regional agency/FA and bancassurance Ben Tan. "With the life storyboard, we move from face-to-face interactions to shoulder-to-shoulder interactions," he said....
...In a recent blog , we discussed where the real value is in Asia-Pacific life insurance: overall, the region has been growing at a fast clip, but beneath the top-line numbers are countries with vastly different prospects and consumers. To capture value in Asia-Pacific, carriers must gain a granular understanding within markets, segments, channels, and product lines. Only then can executives accurately determine where to play....
...As economies transition to a lower carbon future and move away from dependency on coal as a fuel source, initiatives need to be taken to ensure coal workers are properly retrained to work in other sectors....
...SBI Life Insurance, a private life insurer in India, has launched 'Thanks a dot', an innovative breast cancer awareness initiative programme through which it plans to educate Indian women about early lump detection through simple self-examination techniques....
...According to a Global Trends Study in 2017, the insurance industry invests an average of $124m per company in AI - that's $54m more than the average across all the industries surveyed. Insurers obviously see the potential for AI to influence things such as customer loyalty, fraud prevention and claims experience positively....
...Jubilee General, a private non-life insurer in Pakistan, is providing health and education services to marginalised rural communities across the country. For this initiative the company has collaborated with HOPE (Health Oriented Preventive Education), a local NGO that has a huge network of formal and informal schools across the country....
...The two most important things when it comes to being prepared for cyber attacks today are knowing yourself and knowing your enemy, according to Infinity Technologies founder Barak Sharabi....
...The slowdown in China's economy is expected to continue in 2019, with Oxford Economics forecasting a 6.1% growth. China faces a number of downside risks this year, with the upcoming US-China trade talks the biggest headwind the Chinese economy is facing. While further negotiations might lead to an agreement, China's structural economic conflict with the US will stay largely unresolved....