International - Asia: China's internet explosion

china-internet

Insurers are looking for new ways into China’s underserved market, yet a successful digital strategy will not only require investment but the right type of partnership

When internet insurer Zhong An filed for its initial public offering in February, it was a watershed moment for China’s online insurance industry. The three-year-old company, which will list later

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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