Webinar: How do insurers – from the hottest insurtechs to the enterprise players – level up?
Amidst this changing industry, insurtechs, mid-market, and Enterprise Insurers alike are investing in digital technologies to ‘level up’ and allow them to respond to market challenges, compliance requirements, and the pressure to drive profitable growth at a lower cost.
In this on-demand webinar brought to you by Insurance Post, in association with Aptitude Software, an expert panel discuss how Insurers can use emerging technologies to manage the challenges of complying with complex regulation and focus on the prize of profitable growth.
Among the questions the panel addressed were:
- How mature is the insurtech sector and what unique challenge and opportunities are present?
- There have obviously been many insurtech failures/ start-ups that have fallen by the wayside. What factors do you attribute to these closures?
- What impact, if any, has the insurtech boom had on incumbents? Especially how they deal with end customers?
- From regulatory compliance to wider socio-economic factors, what are the greatest barriers to growth?
- There were concerns that the pandemic might have a detrimental impact on those insurance businesses seeking funding to expand and grow their firms ; has that played out as expected?
- How can insurers reduce complexities and focus on their core specialties?
- Do insurtechs with no technological debt have an advantage?
- Are current challenges greater for incumbents with technological debt; or just different?
- How can partnerships/tie-ups between incumbent insurers and insurtechs help realize mutual growth objectives?
- What advice would you give insurers seeking to go public at some point in the future?
- What are some common compliance and regulatory pitfalls insurers encounter and how do they avoid them?
The expert panel:
Moderator: Jonathan Swift, Director of Content, Insurance Post
Brian Heale, Senior Functional Solution Consultant, Aptitude Software
Jason Chambers, Head of Underwriting Transformation, Aviva
Adam Powell, Chief Operating Officer, Policy Expert
Vivek Banga, Managing Director, Polaris UK
Elliot Biggs, CIO, C-Quence.
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