For this week’s episode, we sat down with Insurance Thought Leaders live in Jakarta and discussed innovation happening in the insurance industry in Indonesia. The panel discussion was joined by Hassan Karim, President Director of Zurich Insurance Indonesia, Evan Tanotogono, Head of Digital Channel at Sequis Life and Tris Rasika, Country Director Indonesia at GoBear. The experts provide first-hand insight into the Indonesian insurance markets and how they are changing and evolving.
The panel explores several topics from the current state of insurance companies through regulatory and customer perspectives to the importance of data analytics for the growth of the industry. What are the possible reasons why the insurance market penetration in Indonesia is still considerably low when compared to other Asian countries and what should insurers do to solve the issues? How should existing traditional insurance companies deal with disruption coming from InsurTech?
The panel also discusses whether it is possible for Indonesia to become the birthplace of InsurTech unicorn as the country does for other industries such as GoJek, Traveloka, and Tokopedia.
Companies mentioned in this episode:
Author: Chadhaporn Angpraphapornchai